Company to provide $50,000 in cash and product donations to aid in
MANSFIELD, Mass.--(BUSINESS WIRE)--Nov. 11, 2013--
(NYSE: COV), a leading global supplier of healthcare products, today
announced it would donate $50,000 in support of relief efforts in
communities devastated by Typhoon Haiyan in the Philippines. All of its
employees in the Philippines are safe, and its offices in Manila are
undamaged and operational.
Covidien is working closely with local and national disaster relief
organizations to support the humanitarian aid effort including the
Philippines Red Cross, AmeriCares and Direct Relief. The Company will
provide a corporate grant of $25,000 to the Philippines Red Cross and at
least $25,000 worth of products to Direct Relief. The Company also is
supporting employee volunteer activities for impacted areas.
“Compassion is core to our Company’s values. We have a responsibility to
respond to the monumental destruction caused by Typhoon Haiyan and are
committed to improving the well-being of those most affected,” said José
(Joe) E. Almeida, Chairman, President and CEO. “We recognize the relief
efforts are just beginning, and we will collaborate with our partners to
assess needs and offer assistance where it is most needed.”
Covidien’s ongoing work with its product donation partners AmeriCares
and Direct Relief includes annual pre-planning for emergency assistance.
Covidien regularly donates products to these organizations allowing them
to have medical supplies ready in strategic locations around the world
to allocate as emergencies arise. A variety of Covidien products
including wound care supplies and respirators were included in the first
shipments to reach the devastated region.
Covidien is a leading global healthcare products company that creates
innovative medical solutions for better patient outcomes and delivers
value through clinical leadership and excellence. Covidien manufactures,
distributes and services a diverse range of industry-leading products in
medical devices and supplies. With 2013 revenue of $10.2 billion,
Covidien has more than 38,000 employees worldwide in more than 70
countries, and its products are sold in over 150 countries. Please visit www.covidien.com
to learn more about our business.
Jacqueline Strayer, 508-261-8305
Senior Vice President
Lannum, CFA, 508-452-4343