Top Six Socially Responsible Healthcare and Pharmaceutical Firms

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Includes: DGX, FMS, GSK, NVO, RX
by: H.S. Ayoub

The following companies were mentioned in the January 29th issue of BusinessWeek as having the highest level of social responsibility within the healthcare and pharmaceutical industry:

Fresenius Medical Care (NYSE:FMS):
Provides energy and water use, and waste generated in the breakdown of treatment costs.

GlaxoSmithKline (NYSE:GSK):
Offers AIDS drugs at cost to developing nations, and devotes large R&D dollars to malaria and TB. In fact, 90% of GSK's vaccine sales are at non-profit prices to developing nations.

IMS Health (RX):
Environmental and global health consulting work.

Novo Nordisk (NYSE:NVO):
Lower-cost generic drugs; efforts in leprosy and bird flu research.

Quest Diagnostics
(NYSE:DGX):
Business ownership diversity program for minorities, women, and veterans.

Roche [ROG.L]:
Improving access to medicine, and investing in drug research for developing nations.

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