Samsung BioLogics fulfills our social roles and responsibilities as a CMO company in the biomedical drugs industry by practicing compliance-oriented management principles and abiding by all applicable laws. To that end, we have a strong Compliance Program, which is the most fundamental aspect of the social responsibilities of our company. Through our education and system organization we ensure compliance becomes the basis of all business activities and decision-making. In addition, our Compliance Program addresses management risks stemming from collusion and infringement of intellectual property rights, as well as strengthening our responsibilities on the issues of human rights, safety, health, and the environment.
CP Execution System
Our CP execution system is composed of the CEO, the Legal & Compliance Management Committee, and the Legal & Compliance Management Department.
Legal & Compliance Management Committee
The Legal & Compliance Management committee, with the CEO as the chairman, deliberates and resolves key issues and decision-making related to legal and compliance management. The Committee meets regularly and reports on CP performance and issues.
Legal & Compliance Management Department
Legal & Compliance Management Department is responsible for overall operations of the Compliance Program of Samsung BioLogics, with the CCO (Chief Compliance Officer) as the head of this organization. This department establishes compliance and action standards and supports the Legal & Compliance management committee.
Key CP policies
Practices of compliance for each category include: protection of confidential business information, fair trade, prevention of corruption, environmental safety, intellectual property, information security, and protection of personal information.
Healthy Organizational Culture – we will respect the dignity and diversity of individual staff and executives, and comply with the laws related to personnel management
Fair Competition – we will respect the free and fair market economic order and comply with the fair trade laws
Working together with Subcontractors – we will work with cooperative companies as partners in business and not abuse our bargaining position
Anti Corruption – we will not improperly acquire business opportunities or receive benefits
Accounting and Public Announcements – we will accurately record financial information according to internationally recognized accounting standards and we will sincerely announce required corporate information and important issues to the public.
Confidential Information and Intellectual Property – we will protect confidential information
Personal Information – we will protect personal information
Safety, Health, and Environment – we will preserve the health and safety of our workers ,the public, and the environment
For questions or comments in regards to the legal & compliance management of Samsung BioLogics, please send them to the address below: