Ethics

Doing business in a compliant and ethical manner is one of the cornerstones of UCB’s commitment to patient centricity.

Code of Conduct

UCB has developed and implemented a Code of Conduct and Global Business Practices Policy in line with the recommendations of industry associations such as EFPIA. The Policy is UCB values-based providing guidance on the spirit and direction of our business practices; of what UCB expects from its employees. It sets forth a set of ethical principles which can guide the UCB employee through the decision-making process.

At its core, UCB’s Code of Conduct is really quite simple: UCB is fully committed to observing all applicable laws and regulations. While we are committed to competing in the market place, we are equally committed to doing so in a highly ethical manner.  Every UCB employee must be familiar with the laws, regulations, and company policies to apply to his or her area of responsibility, as we are all expected to conform our conduct to them.

The scope of the UCB Code of Conduct covers 30 principles from equal treatment, marketing ethics, intellectual property, trading on inside information to political activity and lobbying as well as bribery and corruption.

All UCB employees have to complete the Code of Conduct training to ensure they comply with the Code during their daily tasks and responsibilities. In 2010, 92% of UCB staff had successfully completed such training (entailing approximately 2 800 hours) leading to a total Code compliance level of 92% of UCB staff (2009: 80%).