Amman, 1 February, 2021 - Hikma Pharmaceuticals PLC (Hikma, Group), the multinational pharmaceutical company, has joined the 51st World Economic Forum (WEF) Annual Meeting, which was held virtually for the first time this year between 25 - 29 January, under the theme ‘A Crucial Year to Rebuild Trust’.
1 February 2021
Corporate, Press Release
Being a longstanding WEF Health Industry Partner, Hikma participated alongside heads of states and governments from the G20 and international organisations in addition to industry leaders and public figures. The participants shared valuable insights on the world’s current status as we continue to navigate the public crisis and discussed means for facilitating and accelerating public-private collaboration on critical issues such as COVID-19 vaccinations, job creation to boost economic recovery and climate change, among other important topics.
Representing Hikma at the Annual Meeting, Executive Vice Chairman and President of MENA, Mazen Darwazah, participated as a panellist in the ‘Building Crisis-Resistant Healthcare Systems in a Post-COVID World’ session. He highlighted the experiences and lessons learnt from the pandemic to better deal with future public health crises, particularly in the MENA region where vulnerable communities and refugees make up a large percentage of the population. Darwazah also participated in the ‘Implementing Stakeholder Capitalism in the Middle East and North Africa’ session, where he tapped into aspects of enforcing the pillars of Stakeholder Capitalism and their positive impact in the MENA region.
As a member of the WEF Regional Action Group, Darwazah previously endorsed the topic of Stakeholder Capitalism in the MENA region, advocating a set of principles - namely Crafting Inclusive Economic Policies and a New Social Contract; Stimulating Economic Integration; Re-Shaping Education Systems; Harnessing the Fourth Industrial Revolution; Promoting Environmental Sustainability; Mitigating Global Health Risks; and Committing to Good and Agile Governance - alongside distinguished figures from the private and public sectors in order to achieve a shared vision for Stakeholder Capitalism in MENA.
Commenting on Hikma’s involvement in this year’s Annual Meeting, Darwazah said, “I am very pleased to have joined such a prime global event that, despite the unprecedented challenges we continue to witness, virtually brought together world leaders and industry experts to tackle pressing matters that have significant impact on the world. This year’s theme, ‘A Crucial Year to Rebuild Trust’, was very thought-provoking and challenged global leaders to explore tangible solutions that have the potential to better position the future path to recovery.”