INDIANAPOLIS, Jan 14, 2010 /PRNewswire via COMTEX News Network/ -- Eli Lilly and Company (NYSE: LLY) today announced that it will provide donations of medicines and money for victims of the catastrophic earthquake in Haiti on January 12.
"The current situation in Haiti is a profound human tragedy," said Robert L. Smith, president of the Lilly Foundation. "The significant number of casualties and widespread property damage require an urgent and compassionate response. We hope Lilly's contributions will help ease some of the suffering, and aid in the recovery efforts."
Lilly has initially pledged $250,000 in direct cash contributions. Half of this amount will be for short-term relief, with the balance donated over the next 12 months in support of the longer-term rebuilding efforts. The company will also match contributions of its U.S. employees, up to a total of $250,000. In addition, Lilly will work with non-governmental organization partners working in Haiti on appropriate donations of medicines.
About Eli Lilly and Company
Lilly, a leading innovation-driven corporation, is developing a growing portfolio of pharmaceutical products by applying the latest research from its own worldwide laboratories and from collaborations with eminent scientific organizations. Headquartered in Indianapolis, Ind., Lilly provides answers - through medicines and information - for some of the world's most urgent medical needs.
Lilly's philanthropic giving in 2008 was about $350 million, nearly $6 million each week toward improving the health of communities around the world.
Additional information about Lilly is available at www.lilly.com.
SOURCE Eli Lilly and Company
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