Firm donates Lm2,000

Actavis Ltd, formerly known as Pharmamed, commemorated the launch of the new corporate identity by making a donation of Lm2,000 to President Eddie Fenech Adami on behalf of the Malta Community Chest Fund.

Actavis is a multinational pharmaceutical group worth over €1.4 billion and employs 7,000 people including highly trained teams of pharmacists, chemists and other scientific professionals, in 23 countries.

Local chief executive officer Steinthor Palsson said that while the corporation was celebrating the success of the group with its shareholders and employees, it has also taken into account the valuable work being done by the Community Chest Fund and would like to contribute to improve the future of those in need.

President Fenech Adami expressed his gratitude for the noble gesture. He said the Community Chest Fund was a philanthropic organisation that assisted people in Malta who are really in need. Initiatives such as the one taken by Actavis allowed it to assist more people.