In accordance with the high ethical standards of transparent and bona fide business practices, Pharmstandard JSC (hereinafter also referred to as the “Company”) has implemented and is applying a compliance system.
Pharmstandard JSC compliance system is based on the current legislation and best international practices.
The compliance system is supported by all the Company employees and its special Compliance & Litigation Department.
The Company has adopted the certain internal regulations to implement the compliance culture and ethical business practices.
In particular, the Company has adopted Code of Ethics and Business Conduct, Anticorruption Policy, Compliance Control Regulations, Code of Marketing Practice, Conflict of Interest Regulations, Regulations on Gifts and Business Hospitality and other by-laws reflecting the CompanyХs corporate culture, values and beliefs. These internal regulations establish various compliance activities aimed at:
Within the frames of the current Russian legislation and good practices (GxPs), along with the adopted procedures and regulations stipulating the compulsory requirements for all the employees, Pharmstandard JSC has implemented a comprehensive training system. Thus, the Company provides trainings and explanations. The special notification system (hotline) functions to get reports on revealed violations and abuse. While the employee, having reported on violations or abuse, is protected and confidential.
You can contact the hotline to report any conduct (actions, omissions) relative to Pharmstandard JSC employees that, in your opinion, would fail to comply with the current legislation, adopted standards (the internal regulations), contractual obligations and standards of business conduct.
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