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Home Industry News GlaxoSmithKline forms new NGO partnerships to improve global health

GlaxoSmithKline forms new NGO partnerships to improve global health

26th May 2011

GlaxoSmithKline has agreed new partnerships with a number of non-governmental organisations (NGOs) aimed at helping to improve healthcare standards in poorer nations.

The company is putting measures in place that will allow it to fulfil a pledge to reinvest 20 percent of profits made in the world's least developed countries (LDCs) back into projects designed to strengthen healthcare infrastructure.

It has therefore allied with the African Medical and Research Foundation (AMREF), CARE International UK and Save the Children to deliver these reinvestments to areas such as western Africa and Asia Pacific.

Profits from 2010 that are available for reallocation under the scheme are estimated at around 3.5 million pounds, which can be used to help train healthcare workers and improve access to services.

Andrew Witty, chief executive officer of GlaxoSmithKline, said the company "is committed to playing its part in improving access to healthcare in all of the countries in which we operate".

Earlier this month, the firm presented 35,000 pounds to the UK-based young people's health charity Step Forward, which was named the winner of its annual Impact Awards.ADNFCR-8000103-ID-800557663-ADNFCR

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