RUSSIA-UKRAINE CRISIS
Johnson & Johnson Suspends Supply Of Products In Russia
Washington, March 29 : US health care company Johnson & Johnson said on Tuesday it is suspending the supply of personal care products in Russia. “We have decided to suspend supply of our personal care products in Russia,” the company said. It also announced plans to double its donations to humanitarian assistance efforts in Ukraine from $5 million to $10 million. In early March, Johnson & Johnson suspended all advertising, enrollment in clinical trials, and any additional investment in Russia in response to the situation in Ukraine. On February 24, Russia launched a military operation in Ukraine. In response to Russia’s operation, Western countries have rolled out a comprehensive sanctions campaign against Moscow, which includes airspace closures and restrictive measures targeting numerous Russian officials and entities, media, and financial institutions. Some foreign companies have suspended their Russian operations altogether.
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