March 10, 2022

Catalys Pacific Calls for Economical Disengagement from Russian Industry

Catalys Pacific Calls for Economical Disengagement from Russian Industry

Catalys Pacific would like to inform that we have signed onto an open letter to call for the global business community to economically disengage from the Russian industry along with more than 500 business leaders within the pharmaceutical and biotech industries.

The open letter puts forth four action plans that include ceasing investments in Russian companies, stopping new investments within the borders of Russia, rejecting investment from Russian funds, and halting trade in goods with Russian companies.

We stand with the leaders of the life sciences industry who have co-authored and co-signed this letter. We hope Catalys Pacific’s actions encourage as many business leaders as possible to express and act on their condemnation of Russia’s actions. We shall raise our voices together for our voices to be heard and to make a significant change.