Corporate Compliance & Policy Statement
American Regent, Inc. Compliance Program
American Regent, Inc. has implemented a Compliance Program based on the fundamental elements described in the Office of Inspector General’s Compliance Program Guidance for Pharmaceutical Manufacturers ("OIG Guidance"). Our Compliance Program is a key component of our commitment to the highest standards of corporate conduct. The Compliance Program is reasonably designed to foster compliance with applicable laws and regulations, the Pharmaceutical Research and Manufacturers of America Code on Interactions with Healthcare Professionals ("PhRMA Code"), and other requirements relevant to our business. The fundamental elements of our Compliance Program are described in greater detail below. Because our Compliance Program is dynamic, we review and enhance the Compliance Program to meet evolving compliance standards.
Overview of Compliance Program
1. Compliance Officer & Compliance Committee
American Regent, Inc. has a Chief Ethics and Compliance Officer responsible for implementing, operating and monitoring the Compliance Program. American Regent, Inc. has also established a Compliance Committee charged with assisting the Chief Ethics and Compliance Officer and overseeing the operation of the Compliance Program.
2. Written Standards
Our Standards of Business Conduct (SOBC) is a statement of ethical and compliance principles that guide our daily operations. The SOBC also establishes that we expect management, employees, and agents of American Regent, Inc. to act in accordance with law and applicable company policies, procedures and guidelines. The SOBC is supplemented by policies, procedures and other guidelines that address compliance risk areas, including areas identified in the OIG Guidance and PhRMA Code.
3. Education and Training
American Regent, Inc. is committed to communicating our standards, policies, procedures and guidelines to our employees. We provide education and training to new and current employees on a variety of compliance-related topics. Training programs are updated periodically and additional areas of training are added from time to time.
4. Internal Lines of Communication
American Regent, Inc. is committed to fostering open communication between management and our employees and agents. To that end, American Regent, Inc. has contracted with an independent third party to operate a confidential hotline available to all employees, vendors, customers, contractors and the public designed to encourage them to ask questions or report concerns without fear of retribution. The number is 1-877-48-ALERT (1-877-482-5378) or reports can be made at ari.ethicspoint.com. American Regent, Inc. also encourages employees to bring questions or concerns directly to their manager, Human Resources, or the Corporate Compliance Department.
5. Auditing and Monitoring
American Regent, Inc. reviews and assesses business activities for compliance with applicable laws, regulations, guidelines, and company policies and procedures. Corrective action plans are developed to address concerns identified through these reviews.
6. Disciplinary Guidelines
American Regent, Inc. takes disciplinary action in response to violations of applicable laws, regulations, guidelines and company policies and procedures. Disciplinary action may include warnings, suspension, termination and other sanctions, as appropriate.
7. Corrective Action
American Regent, Inc. responds appropriately to address issues that are identified or reported. Appropriate corrective action may be taken, including disciplinary action, training, and improvement of policies and procedures.
CALIFORNIA HEALTH & SAFETY CODE §§ 119400-119402
American Regent, Inc. has established an annual dollar limit of $2,500.00 for applicable spending on individual health care professionals licensed by the state of California in accordance with California Health & Safety Code §§ 119400-119402. This dollar limit represents a spending maximum and not an average or goal. American Regent, Inc. reserves the right to change this limit at any time.
For a copy of our Compliance Program and/or annual written declaration of compliance with California Health & Safety Code §§ 119400-119402, please call 1-800-398-1496.
JULY 1, 2023 DECLARATION OF COMPLIANCE WITH CALIFORNIA HEALTH & SAFETY CODE §§ 119400-119402
To our knowledge, and based on our good faith understanding of the statutory requirements, American Regent, Inc. declares that it is in compliance in all material respects with our Compliance Program and the requirements of California Health & Safety Code §§ 119400-119402.
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