Principles

The mission of pharmaceutical company is to contribute to the improvement of the quality of life for all citizens and mankind by developing safe and high-quality pharmaceuticals based on the spirit of respect for life. In order to accomplish this mission, pharmaceutical companies should seek sustainable growth and development while simultaneously fulfilling their responsibilities as exemplary members of society. Accordingly, Bsve Holdings Ltd., adopt these Principles on Business Ethics with the realization of corporate social value and cultivation of a sense of ethics as their number one priority and pledge to proactively practice its principles.

First, we fully recognize the mission of pharmaceutical companies and shall exert our best efforts to develop pharmaceuticals that are superior in efficacy and highly safe through active investment in research and development.

Second, we shall be committed to the stable production and supply of pharmaceuticals necessary for national healthcare and establish a production system which complies with international standards.

Third, we shall eliminate all unlawful and improper transactions from the distribution of pharmaceuticals in order to establish fair competition and transparent distribution order demanded by society, and also, with regard to collaborative relationships with healthcare professionals, we shall maintain and develop such relationships based on a high sense of ethics and transparency.

Fourth, we shall provide all information on pharmaceuticals in an accurate manner based on scientific grounds in recognition of the fact that information on pharmaceuticals is used at medical sites where human lives are at stake and as instructions for patients, and we shall exert efforts to prevent the distortion or misunderstanding of delivered information for the safe use of pharmaceuticals by consumers.

Fifth, we shall pursue various clinical trials and research to develop and improve pharmaceuticals for the purpose of preventing and curing diseases, and we shall respect the human rights of clinical trial and research participants.

Sixth, we shall not only comply with the laws and regulations of the Republic of Korea and abroad applicable to the pharmaceutical industry, but also respect common values of humanity such as anti-corruption, human rights, the environment, etc., and relevant treaties, declarations and norms.

Seventh, we shall exert efforts to live up to the social responsibility imposed on pharmaceutical companies and actively perform social contribution activities as part of such efforts.