The foundation of Leading Edge Pharms is based on the belief, “do the right thing”. George Merck underscored this defining principle in 1950 when he said, “We try never to forget that medicine is for the people.” As we strive to build a strong reputation for innovation through collaboration in research and development for the purpose of creating a sustainable positive return on our investment, one thing that must not change is our commitment to unwavering ethics and integrity. Although our collaborative organization speaks many languages and represent many cultures, we are united in our drive to deliver breakthrough natural cannabinoid products with honesty and integrity. Our values and standards are what make us Leading Edge and will be the basis of our success.
WHAT WE DO MATTERS
To discover, develop and provide innovative cannabinoid therapies and novel delivery systems that improve the quality of life for those living in pain and to provide employees with meaningful work and advancement opportunities, and investors with a superior rate of return.
To make a difference in the lives of people living in pain through our innovative natural products. We are committed to becoming a premier, research-intensive biotechnology company, and we are dedicated to providing leading edge innovations and solutions for today and the future.
HOW WE DO IT MATTERS
We are committed to the best interests of our stakeholders— the broad spectrum of people and communities whose lives are touched by what we do.
Every day, our products touch lives. We see this as a privilege and will work to identify the most critical needs of our customers. We will devote our resources to meeting those needs and earning their trust every day.
Our employees’ knowledge, imagination and skills drive our innovation. As an employer, we will strive to create a workplace environment that inspires trust, inclusion, and respect so we can unleash breakthrough thinking and invention.
Our shareholders trust us with their hard-earned money. In return, they expect good corporate governance, honest, accurate and timely performance information and clear disclosures in all public reports and communications.
Our Suppliers and Distributors
Without trust, a business relationship is only as strong as the last transaction. We value our suppliers and will work to always treat them honestly, fairly and with respect. In turn, we will expect them to share values and standards that align with our own.
Our Communities and Society
Our communities are our neighbors, and they trust us to be good corporate citizens. We will proudly support social, health and environmental sustainability programs. We will comply with all laws, rules and regulations that apply to our business.
OUR VALUES AND STANDARDS UNIFY US
Our values & standards represent the very core of our character as a company and guide decisions and actions. These simple but enduring values will earn us the trust and respect of our colleagues, customers and the communities we serve.
Our policies that guide us lead us on the principled path to becoming a company worthy of trust.
We are all accountable for delivering high quality products and services. We aspire to improve the quality of life for those living in pain, and to expand access to our products. All of our actions must be measured against our responsibility to those who use or need our products.
Respect for People
Our ability to excel depends on the integrity, knowledge, imagination, skill, diversity, safety and teamwork of our employees, consultants and collaborators. To this end, we will work to create an environment of mutual respect, inclusion and accountability. We will reward commitment and performance and will be responsive to the needs of our employees, associates and their families.
Ethics & Integrity
We are committed to the highest standards of ethics and integrity. We are responsible to our customers, to our competitors, to distributors and suppliers, to shareholders, and to the communities we serve. In discharging our responsibilities, we will not take professional or ethical shortcuts. Our interactions with all segments of society must be transparent and reflect these high standards.
Innovation andScientific Excellence
We are dedicated to the highest level of innovation and scientific excellence. Our research is guided by a commitment to improving health and the quality of life. We will strive to identify and meet the most critical needs of patients and customers through continuous innovation.
Our Values and Standards are fundamental to our success.
Our corporate policies are standards of conduct for engaging with stakeholders. We will use these policies for navigating the decisions we face every day.
We will strive to ensure that customers have confidence in our products’ safety and efficacy.
Our products will be there when people need them, with quality they can trust.
Our global collaborative research organization will be guided by our commitment to enhancing the quality of human life.
Customer-facing, Marketing and Business Practices
We will provide accurate, balanced information about our products, and will not engage in activities that inappropriately benefit or influence our customers.
Prevention of Bribery and Corruption
We will not promise, offer, pay, ask for or accept anything of value to improperly influence decisions or actions with respect to our business.
Procurement and Supplier Relations
Recognizing that our suppliers play an important role in our overall success, we will establish relationships with those who provide the best overall value, and who share our commitment to quality, price, delivery, service, diversity, reputation, and ethical business practices.
We will compete aggressively but fairly to promote customer choice based on the merits of our products and services, and on our reputation for honesty and fair dealing.
Domestic and International Trade Policy
We will act responsibly to move products and services across borders in compliance with the local, state and federal laws, and international trade regulations that govern our operations.
Profit from Success
We expect profits, but only from work that satisfies customer needs and benefits humanity. Our ability to meet our responsibilities will depend on maintaining a financial position that invites investment in leading-edge research and that makes possible effective delivery of research results.
As responsible stewards, we believe that financial transparency and integrity is vital for safeguarding our assets, ensuring our mission and future success, and fostering trust with our stakeholders.
Conflicts of Interest
We will recognize and disclose situations that may appear to compromise our business judgment or that may unduly influence our business, and where necessary, we implement controls to minimize risk.
Disclosing Information About Leading Edge Pharms
We are committed to being open and providing appropriate transparency about the way we operate, so that we maintain our stakeholders’ trust and confidence.
Information Management and Protection
We will safeguard and apply high ethical standards in the proper collection, use, management and protection of our Company’s proprietary information, as well as information entrusted to us by others.
Respect for Environmental Health and Safety
We are committed to providing a safe and healthy workplace for our employee operations and partnering with suppliers who share our commitment to safety and environmental stewardship.
Reporting and Responding to Misconduct
We will enable the Company to address potential misconduct and safeguard its reputation by speaking up when we see or suspect something improper, and we will not tolerate retaliation against anyone who raises a concern or provides information in connection with an investigation.
Management of Controlled Substances
We will support the use of controlled substances for appropriate medical, scientific and commercial purposes, while maintaining a closed system of distribution that ensures proper controls in connection with acquisition, manufacture, transport, storage, use, distribution and disposal.
We will foster a culture of mutual respect, dignity and integrity, where we attract and develop highly talented, engaged and diverse employees who are empowered to deliver excellent performance.
We will be a positive change agent in improving health care, promoting education, and addressing critical social issues through charitable contributions.
VALUE BASED DECISIONS
Our Values and Standards and our policies address many common types of workplace situations. But they can’t address every possible circumstance, and they are not a substitute for exercising good judgment.
When faced with a challenge, these questions can help you decide what you should do;
Could my conduct or decision harm anyone or anything?
Will my conduct violate the trust of customers, patients, shareholders or other stakeholders?
Am I willing to be held accountable for this decision or action if it were to become public information?
Do I know for certain that my proposed action is consistent with the letter and spirit of our company policies, as well as applicable laws and regulations?
If you’re unsure, speak with your manager, the Office of Ethics, or another Leading Edge resource such as Compliance, Legal, or Human Resources.
Remember, you are LEADING EDGE.
Protect the reputation we earn every day as a company that operates with integrity. Ask questions when you’re unsure and report any conduct that could put our business and reputation at risk.