The banks and other Swiss firms have been criticized for hoarding money or using forced labor during World War II, Bloomberg said.
The agreement with the two drug firms follows by two weeks an announcement by Nestle SA, the largest food company, that it would contribute $14.6 million to the settlement.
The drug firms expect their contributions to cover all possible claims from the war.
They also said their separate German subsidiaries will help create a German foundation with undisclosed contributions.
For full story, see AOL.