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  Penam’s mission is to develop and market medicines that improve the quality of life for patients and their caregivers. We do so through the following commitments and actions:

 
 
A focus on meeting our commitments and obligations to all our stakeholders: patients, physicians, employees, shareholders and the communities in which we live and work.
   
Maintaining the highest professional and ethical standards.
   
Building value-added relationships with physicians.
   
Focusing resources and organizing our work around select therapeutic areas
   
Implementing effective processes for identifying compounds and optimizing our drug development activities to bring the best drugs to market
   
Galvanizing the entire company around growing our business and executing our strategy
   
Fostering a rewarding and enjoyable workplace for our employees
   
An underlying passion for our work
 
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Purpose of Penam Group

 
 
    We dedicate ourselves to humanity's quest for longer, healthier, happier lives through innovation in pharmaceutical.
   
    We demand of ourselves and others the highest ethical standards, and our products and processes will be of the highest quality.
   
    We are deeply committed to meeting the needs of our customers, and we constantly focus on customer satisfaction.  
   
 

Penam pharmaceutical is committed to be the premier generic pharmaceutical company. This commitment to excellence is evident from its cutting edge research and development and state-of-the-art manufacturing expertise, to its unparalleled service and unsurpassed quality.

 
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Penam Group Corporate Environmental Policy

 
 
Penam is committed to the search, development and marketing of pharmaceutical products. We recognise that our business activities have an influence on the environment and accept that we have a duty to carry these out in an environmentally responsible manner.

Initiatives are already in place across the Group that implement an effective environmental approach. The practices, set out below, build on these and establish how we will fulfil our duty in the future:
 
 
As a minimum, we will meet legal requirements or regulations and we will aim to satisfy international agreements on environmental issues, where these are relevant to our business;
   
All our staff will be aware of our environmental policy, will be informed of their individual responsibility towards the environment and will be encouraged to consider environmental issues as an everyday part of their role;
   
Across the Group, we will promote good environmental practice through the review of purchasing processes, through reduction in the consumption of resources such as energy or water and through recycling or other waste initiatives;
   
At our key production sites, we will monitor emissions and discharges with the aim of achieving cost-effective reductions in the levels of pollution;
   
When selecting key suppliers, we will consider their approach to the environment, we will require them to comply with environmental legislation or regulations and we will monitor their environmental status during the contract period;
   
On a regular basis, we will review environmental initiatives throughout the Group, we will update our environmental policy and we will set goals for the future.
   
 
Whilst the main purpose of our policy is to raise awareness of environmental issues across the operation of our business, we are keen to raise awareness of these issues on a wider scale. Our policy will therefore be available to or communicated to any interested parties, including visitors to our sites, shareholders and customers.
 
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Penam Group Quality Policy

 
 

Penam is committed to the development, manufacture, assembly, control and distribution of safe and effective pharmaceutical products in compliance with current regulatory requirements.

During the various phases of drug development and drug registration, emphasis will be placed upon quality safety and efficacy assessed from sound scientific data generated in compliance with internationally recognised standards and codes of practice and with the preparation of high quality regulatory dossiers for review by worldwide health authorities.

Robust technology transfer mechanisms will be established and maintained to ensure that products intended for commercial use continue to be manufactured, packaged and controlled using validated processes in qualified environments capable of meeting our high quality standards.

Effective communications will be maintained with our suppliers to enable the timely distribution of products meeting with customer requirements and business objectives.

To achieve these objectives Penam forms strong partnerships with reputable contract research organisations, manufacturing and packaging companies and analytical testing laboratories also committed to the same high quality principles.

Contracts and Technical Agreements will be maintained which clearly define responsibilities in providing assurance that product quality, safety and efficacy will not be compromised whilst operations continue to comply with all regulatory requirements.

To ensure that these quality principles are achieved and maintained Penam will continue to develop effective quality management systems and organisations that are adequately resourced with personnel of the appropriate background, knowledge, training and experience.

Quality standards will be maintained and management responsibilities defined as part of a Group Quality Manual in order to provide guidance in achieving the company’s quality objectives. These will be communicated to all Penam personnel and to the relevant staff located at contractor and supplier organisations.

Penam personnel have a collective responsibility for quality and must comply with the requirements of the Quality Policy and Quality Standards, where applicable, in the performance of their daily duties.

The Quality Control Department is responsible for the quality testing of all raw materials, finished products and packaging components. The QC Laboratories are modern, well equipped and comprise chemistry and microbiological laboratories.
   
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Code of Ethics

   
 

Penam is committed to the maintenance of high ethical standards in its dealings with all those with whom it is involved. This is reinforced by Penam’s strong belief in integrity, named as one of Penam’s Corporate Values. This Code of Ethics has been adopted by our Board of Directors and summarizes the standards that must guide our actions. All employees, including our officers and directors, are required to read this policy carefully and to adhere to its principles and spirit in the daily execution of their tasks and responsibilities.

 
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Penam Group Corporate contributions policy and guidelines

 

 

 

This document outlines the approach that Penam Pharmaceuticals takes to corporate sponsorships, bursaries, fund-raising and charitable contributions.

This policy does not include marketing-related sponsorships that are part of product marketing strategies and may be more commercially oriented rather than a key part of Penam’s corporate social responsibility philosophy.

Penam is committed to its role as a socially responsible company and has the aim that communities in which it operates should benefit directly from the wealth and jobs created and the investment of time and money in the community.

 
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Guidelines

 
 
One of Penam’s core values is ‘caring’ and the company is committed to demonstrating this in its corporate contributions and activities.
   
The priority that Penam sets in its corporate giving strategy is to help and to support the community in which it operates (this means both the local community where Penam has a business operation and the wider community of its patient groups as designated by the company’s core therapeutic areas).
   
Penam chooses to support projects and causes that complement Penam’s own focus and market or community positioning
   
Penam aims to ensure long lasting beneficial effects as a result of its contributions to the community rather than short term one off donations – the company prefers to consider the nomination of a small number of beneficiaries with whom a relationship can be built over time rather than multiple charities or causes.
   
The decision to support or donate to a charity should not serve exclusive personal interests.
   
Penam supports and encourages its employees to become involved in fund-raising activities. The company seeks input or suggestions from its employees on where to allocate its charitable donations. The company favourably considers contributing to events in which employees and their families are involved
   
Enhancement of the local community in which Penam conducts its business is important. Penam believes in the value of supporting the community through ‘donating’ the dedicated time of individual employees during business hours or outside as well as giving access to the use of office premises, where appropriate. These initiatives are undertaken in consultation with the individual’s line manager and either the Human Resources or Corporate Communications departments.
   
We do not give to appeals from individuals for student study tours, academic bursaries, sports training or other such projects unless there is a specific relationship with the company or its business.
   
Penam does not make donations to political parties.
   
Penam is open about its contributions and will report both locally and centrally via the company’s website and annual report on all the initiatives that it supports.
   
 

 

 
All requests for sponsorship or charitable support should be approved by the corporate communications department, the human resources department, or head of the appropriate business unit. All donations made are subject to Penam’s agreed budget and authorisation limits.

All approaches should be acknowledged in writing, including refusals.

The corporate communications department should be informed of each approved initiative in order that corporate reporting can include reference to all activities.
 
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