The Vertex Foundation Announces Donation to Food Banks Canada to Help With COVID-19 Response

By writer to finance.yahoo.com

TORONTO , April 24, 2020 /CNW/ – Vertex Prescription drugs Integrated introduced that the Vertex Basis, a nonprofit charitable basis, will donate $50,000 CAD to Meals Banks Canada to help their COVID-19 Response Fund.

Vertex Pharmaceuticals (CNW Group/Vertex Pharmaceuticals)

Meals banks throughout Canada have been severely impacted by COVID-19. They’re dealing with elevated demand for help, and operational capability is strained. Many have seen drastic reductions of their meals restoration efforts in addition to a major drop in volunteers. But, they’re working tirelessly to serve those that depend on their companies to really feel secure and wholesome.

This funding will enable meals banks to proceed to buy meals and different requirements. This donation is a part of the Vertex Basis’s $5 million world dedication to help the COVID-19 pandemic response, together with doubling its match for workers’ charitable donations to eligible organizations responding to the COVID-19 pandemic. The Basis’s funds will assist organizations which can be offering emergency reduction and help within the world communities the place Vertex workers reside and work, with a deal with offering well being care and provides and help for susceptible populations.

“Thanks to the Vertex Basis and its workers for supporting their neighbours in want,” mentioned Chris Hatch , CEO, Meals Banks Canada. “This cash will probably be used to buy meals to maintain these residing with meals insecurity afloat.”

“We wish to take this time to acknowledge and thank all workers and volunteers at present on the entrance strains working to fulfill the fundamental wants of our most susceptible neighborhood members,” mentioned Michael Siauw , Nation Supervisor, Vertex Canada. “Vertex workers have volunteered with their native meals banks up to now and maintain deep appreciation and respect for the affect they’ve on our communities throughout Canada .”

About Meals Banks Canada

Meals Banks Canada supplies nationwide management to alleviate starvation in the present day and stop starvation tomorrow in collaboration with the meals financial institution community from coast-to-coast-to-coast. For 40 years, meals banks have been devoted to serving to Canadians residing with meals insecurity. Over 3,000 meals banks and neighborhood companies come collectively to serve our most susceptible neighbours who – final yr – made 1.1 million visits to those organizations in a single month alone, based on our HungerCount report. Go to http://www.foodbankscanada.ca/ to study extra.

About the Vertex Basis

The Vertex Basis is a nonprofit charitable basis. It seeks to enhance the lives of individuals with critical ailments and in its communities via schooling, innovation and well being applications. Established in 2017, the Basis is a long-term supply of charitable giving and is a part of Vertex Prescription drugs’ company giving dedication.

About Vertex

Vertex is a world biotechnology firm that invests in scientific innovation to create medicines for folks with critical ailments. The corporate has a number of authorised medicines that deal with cystic fibrosis (CF) — a uncommon, life- threatening genetic illness — and has a number of ongoing medical and analysis applications in CF. Past CF, Vertex has a strong pipeline of investigational small molecule medicines in different critical ailments the place it has deep perception into causal human biology, together with ache, alpha-1 antitrypsin deficiency and APOL1-mediated kidney ailments. As well as, Vertex has a quickly increasing pipeline of genetic and cell therapies for ailments reminiscent of sickle cell illness, beta thalassemia, Duchenne muscular dystrophy and kind 1 diabetes mellitus.

Based in 1989 in Cambridge, Mass. , Vertex’s world headquarters is now situated in Boston’s Innovation District and its worldwide headquarters is in London, UK . Moreover, the corporate has analysis and growth websites and industrial workplaces in North America , Europe , Australia and Latin America . Vertex is constantly acknowledged as one of many trade’s prime locations to work, together with 10 consecutive years on Science journal’s Prime Employers record and prime 5 on the 2019 Greatest Employers for Variety record by Forbes.

SOURCE Vertex Prescription drugs