Third Party Code

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1. INTRODUCTION

ANTHEM BIOSCIENCES LIMITED (hereinafter referred to as “Anthem”/“Company”), incorporated in Bangalore on 13th June 2006 under the provisions of Companies Act, 1956, having CIN: L24233KA2006PTC039703, is a Contract Development & Manufacturing Organization (CDMO) providing discovery biology services, synthetic chemical research and analysis, chemical synthesis, manufacturing of specialty chemical products, analytical method development, and related services. Over the years, the company has forward integrated into contract manufacturing with a view to benefit from the synergies arising out of its involvement in the development of the product.

Anthem offers a whole gamut of services, independently as well as collaboratively, dedicated to enabling and sustaining global research efforts in the discovery of new compounds by pharmaceutical, biotechnology, specialty chemicals, agriculture chemicals and material science companies worldwide.

2. OBJECTIVE

Anthem business culture rests on a bedrock of purpose, ethics, and equity. We have implemented the highest standards of governance to build an environment of trust, transparency, and accountability. By applying global best practices in corporate governance and business responsibility, we have ensured that we consistently preserve and enhance value. The Anthem Third Party Code (the “Third Party Code”) is based on the international standards or accepted good practices. The Third Party Code is aligned with the Anthem Code of Conduct, which is binding for all Anthem associates. Anthem requires its Third Parties to comply with the standards defined in the Third Party Code. Furthermore, our Third Parties are expected to adopt standards that cover the same principles and content included in our Third Party Code with their own suppliers and to perform beyond legal compliance. Anthem aligns the Third Party Code with the Pharmaceutical Industry Principles for Responsible Supply Chain Management for ethics, human rights, labor rights, health and safety, environment and related management systems.

Anthem believes that society and business are best served by responsible business behaviors and practices. Fundamental to this belief is that business should not only operate in compliance with applicable laws, rules and regulations, but that our behaviors address underlying societal concerns. Anthem is aware that differences in local operating environments and laws create challenges in applying our standards as defined in the Third Party Code. Anthem also believes that our standards are best implemented through a continual improvement approach that advances Third Party performance over time.

The Third Party Code does not replace local law or labor agreements. Anthem expects Third Parties to operate in compliance with applicable laws, rules, regulations and collective bargaining agreements, in addition to the standards contained herein. Where compliance with the Third Party Code would violate local law or collective bargaining agreements, Third Parties are expected to comply with local requirements while seeking to uphold the principle supporting the relevant Third Party Code standard.

3. MONITORING AGAINST OUR STANDARDS

Adherence to the standards contained in this Third Party Code is one of the criteria used in the Anthem Third Party selection and evaluation process. Anthem expects Third Parties to adhere to applicable legal standards and any higher standards contained herein. Under some circumstances, where the Third Parties have shown and continue to show a material commitment to improvement, Anthem is willing to work with them to bring about improvements through engagement and collaboration. This may include audits, development, and progress monitoring of corrective action plans, referring Third Parties to external experts, and other reasonable improvement plans.

4. ANTHEM THIRD PARTY STANDARDS

Human Rights

Anthem is committed to conducting our business in a manner that respects the rights and dignity of all people. We will strive to prevent, mitigate, and remedy adverse human rights impacts throughout our workplace, business operations and in the communities in which we work. In order to fulfil this commitment, and in accordance with the United Nations Guiding Principles on Business and Human Rights (UNGPs), Anthem is required to identify, assess, and address any human rights risks or impacts in its operations and supply chains.

Anthem is committed to working with Third Parties who operate in a manner that is consistent with our values and ethical principles, including respect for human rights. In addition to the specific requirements set out under “Section 2. Labor Rights – Fair Employment Practices”, Third Parties are expected and strongly encouraged to conduct human rights due diligence, as set out in the UNGPs, on all internationally recognized human rights, and at a minimum, those expressed in the International Bill of Human Rights (i.e., the Universal Declaration of Human Rights, International Covenant on Civil and Political Rights, and International Covenant on Economic, Social and Cultural Rights) and the principles concerning fundamental rights set out in the International Labor Organization’s Declaration on Fundamental Principles and Rights at Work.

Human rights due diligence is the ongoing process through which Third Parties can “know and show” that they respect human rights. This includes assessing risks to human rights, integrating the findings into its decision-making and actions to mitigate the risks, tracking the effectiveness of these measures, and communicating its efforts internally and externally. The UNGPs recommend that all companies, regardless of size, sector or operational context, conduct human rights due diligence in order to prevent or mitigate any risks to human rights that they cause, contribute to or are directly linked to their operations, products or services through their business relationships; and to participate in the remediation, in whole or in part, of human rights impacts which they cause or contribute to.

In case of a perceived risk of a violation of human rights, Third Parties are required to notify us of this, and the steps being taken to avoid or mitigate such a breach, and where this is not possible, for the Third Party to provide for the remediation of the adverse human rights impact where they have caused or contributed to this. Any notification shall be sent to hroperations@anthembio.com

 

Labor Rights – Fair Employment Practices

Third Parties shall be committed to uphold human rights for Employees, as set out in the International Bill of Human Rights, and to promote decent work and the four pillars of the International Labor Organisation’s Decent Work Agenda. Third Parties are expected to nominate dedicated personnel with responsibility for Human Resources to oversee compliance with the labor elements of the Third Party Code.

Anthem expects Third Parties to implement a risk evaluation process for their own supply chain in line with the standards defined herein and to communicate the Third Party Code to its own suppliers and partners. Third Parties are expected to have visibility over their own supply chain and implement responsible sourcing and purchasing practices.

The Third Party Code is applicable to all stakeholders in the Anthem supply chain; including Employees onsite and offsite, directly employed by Third Parties or by agencies and other intermediaries.

 

Employment shall be freely chosen

Third Parties shall not use or engage in any form of Modern Slavery, including any form of prison labor. Employees are free to leave their jobs after reasonable notice and are paid their wages on time and in full upon leaving.

Employees are not required to hand over original versions of their personal documents to secure employment, unless permitted or required by local law. In any such event Employees must have access to their papers at all times.

Employees do not pay recruitment fees or deposits to secure their job, their employer-provided accommodation, or any training and equipment necessary to carry out their jobs.

Third Parties must recruit foreign migrant labor responsibly:

  1. No Employee should pay recruitment fees or deposits to secure a job.
  2. Third Parties shall oversee all steps of the recruitment process and carry out due diligence at every stage of the labor migration process.
  3. Third Parties shall ensure foreign migrant Employees have access to grievance mechanisms in a language they understand throughout the entire labor migration process that give effective access to remedy.
  4. Third Parties shall ensure the safe and dignified return of migrant Employees to their countries of origin at any time, without fear of reprisal or penalties and without incurring extraordinary debt. Third Parties shall ensure that private or public security forces engaged by Third Party for security or other purposes shall not violate the human and labor rights of any Employee.

 

No Child Labor

Children below the local minimum working age, the age of compulsory education or the ages set out in the International Labor Organization Core Conventions (whichever is higher) shall not be employed. No young Employee below the age of 18 shall be employed in hazardous or night work or any form of forced labor. Young Employees must be above a country’s legal age for employment and the age established for completing compulsory education.

If Children are found engaged in prohibited Child Labor, Third Parties shall put in place a suitable plan to support the child, which may involve removing the child from the workplace while continuing to pay salary and the cost of formal or vocational training, accommodation or other costs as necessary, to the child until adulthood. These policies and programmes shall conform to the provisions of the relevant ILO standards.

 

No Discrimination

Discrimination at any time from recruitment to leaving employment for reasons such as race, national or ethnic minority status, ethnicity, color, age, sex, sexual orientation, gender, gender identity or expression, social origin, disability, religion, political affiliation, union or association membership, pregnancy, marital status, family status or any other protected category as defined by local laws is not tolerated.

Disciplinary and grievance procedures to deal with discrimination are in place and all Employees are made aware of how they can report incidences of discrimination or any unfair employment practices. Third Parties must enforce a non-retaliation policy that permits Employees to express their concerns about the workplace without fear of retribution or losing their jobs.

 

Fair Treatment must be given

Third Parties shall treat Employees with dignity and respect and provide a workplace free of harassment and with no threat of harsh and inhumane treatment. Employees neither face nor are threatened with bullying, sexual harassment, corporal punishment, any verbal, sexual, physical or psychological abuse or coercion of any kind.

Employees understand disciplinary and grievance procedures, and fines imposed on Employees as part of a disciplinary action are legal and fair. Supervisors, managers or co-Employees found abusing Employees are disciplined accordingly.

Employees are not subject to unreasonable body searches. Physical security searches are only carried out by authorized bodies, according to local legal standards, and by same-sex security guards. Employees do not have to pay supervisors, managers or co-Employees to avoid victimization or receive preferential treatment.

 

Regular Employment shall be provided

Employment relationships should be established through contract on the basis of national law and best industry practice. Employment terms are communicated to Employees in writing (paper or electronically) in a language they understand before they commence employment.

Obligations to employees under labor or social security laws and regulations arising from the regular employment relationship shall not be avoided through the use of labor-only contracting, sub-contracting, or home-working arrangements, or through apprenticeship schemes where there is no real intent to impart skills or provide regular employment, nor shall any such obligations be avoided through the excessive use of fixed-term contracts of employment.

 

Fair Wages and Benefits shall be paid

Wages and benefits should be fair and adequate. Wages and benefits for standard hours, excluding overtime, should meet national minimum requirements or industry benchmarks, whichever is higher. We strongly encourage all Third Parties to pay Employees a living wage, benchmarked in the local market. Payment terms are communicated to Employees in writing (paper or electronically) in a language and format they understand before they commence employment and each time they are paid. Deductions as a disciplinary measure are only taken in accordance with local law.

Equal pay for equal work must be ensured – temporary Employees, contractors or Employees on probation shall be entitled to the same compensation as their directly employed, permanent peers. Overtime shall be compensated at a premium rate, in accordance with national law or collective agreements. Where these do not exist, overtime pay shall be no less than 1.25 times regular pay.

 

Working Hours must not be excessive

Third Parties shall have a system in place to monitor the hours and wages paid to all staff, and complete hours and payroll records must be kept for all Employees.

Standard working hours shall not exceed eight hours per day or 48 hours per week (or 56 hours per week on average for shift work processes).

Overtime hours shall not exceed the limits established in national law or under collective agreements, whichever offers more protection to the Employee. Where these do not exist, overtime hours shall be limited to the degree necessary to ensure the health and safety of Employees. All overtime work must be consensual and not used to replace regular employment.

Employees are given time off, breaks and appropriate leaves in accordance with local laws, ILO standards, collective agreements and/or industry benchmarks, whichever offers more protection to Employees.

 

The right to Freedom of Association and Collective Bargaining must be respected

Third Parties shall respect the rights of Employees to freely form labor unions, seek representation and/or join Employees’ councils of their own choosing. Employees understand how to raise issues if they wish. Where collective agreements are in place, they are communicated to all Employees in a language they can understand.

Employees and representatives shall be able to communicate openly with management regarding working conditions without threat of reprisal, intimidation, or harassment. Employees are able to bargain collectively and understand how to raise issues if they wish. Where collective agreements are in place, they are communicated to all Employees in a language they can understand.

Where the right to freedom of association and collective bargaining is restricted under law, the employer facilitates, and does not hinder, the development of parallel means for independent and free association, bargaining and grievance raising.

5. HEALTH & SAFETY AND ENVIRONMENTAL COMPLIANCE & SUSTAINABILITY

Given the breadth, complexity and size of the Anthem supply chain, the standards outlined in sections 3 and 4 for Health, Safety and Environmental Sustainability (HSE) provide Third Parties with basic standards and concepts that Anthem expects adherence to throughout its supply chain.

Anthem expects each Third Party to understand the applicable HSE standards for its specific products or services and to augment these standards with the additional product/service-specific standards as necessary. The effectiveness of the protection needs to be verified by trained and experienced or certified subject matter experts.

 

Health and Safety

Third Parties shall comply with all applicable health and safety laws and regulations by providing a safe and healthy working environment and, if applicable, safe and healthy company living quarters. The health and safety elements include:

 

 Hazard Information

Third Parties shall have programs and systems in place to provide Employees with safety information relating to hazardous materials and education to protect them from potential hazards. Hazardous materials can include but are not limited to raw materials, isolated intermediates, products, solvents, cleaning agents and wastes.

 

Risks and Process Safety

Third Parties shall have systems and programs in place to identify both occupational and process hazards as well as potential impacts on surrounding communities. They should quantify such hazards, define the risk levels appropriately and have programs and systems in place to prevent or mitigate these risks (e.g., catastrophic releases of chemicals, fumes, dust).

 

Employee Protection

Third Parties shall provide sufficient training to its Employees, establish preventive measures to avoid physical or mental fatigue and have systems and processes in place to protect Employees from exposure to chemical, biological and physical hazards (including physically demanding tasks) in the workplace and company-provided living quarters.

 

Emergency Preparedness and Response

Third Parties shall develop and distribute emergency plans across their facilities and company- provided living quarters and surrounding communities. Third Parties should minimize the potential impact of any emergency by implementing suitable emergency plans and response procedures.

6. ENVIRONMENTAL COMPLIANCE & SUSTAINABILITY

Third Parties shall comply with all applicable environmental laws and regulations. They are expected to act beyond legal compliance and actively minimize the environmental impact of their activities and products over their lifecycle:

Environmental Compliance

Environmental Authorizations: Third Parties shall have processes and systems to conform with applicable environmental laws and regulations. Required environmental permits, licenses, information, registrations and restrictions shall be obtained, and their operational and reporting requirements followed.

Spills and Releases: Third Parties shall have processes and systems in place to prevent and mitigate any spills and releases to the environment which substantially impair the natural foundations for the preservation and production of food or prevent access to clean drinking water, impede or destroy the access to sanitary facilities or harm the health of a person. They shall remedy any impacts that are caused.

Water Quality: Third Parties who manufacture or formulate Active Pharmaceutical Ingredients (APIs) and/ or drug substances shall manage manufacturing effluents to avoid any water quality impacts on the receiving aquatic environment. Such Third Parties shall be required to demonstrate safe discharge levels for releases to the aquatic environment in accordance with local regulatory requirements and conform to the AMR Industry Alliance Manufacturing Framework. Third Parties supplying API shall also be required to demonstrate water quality performance to Anthem through disclosure of mass balance and/or analytical monitoring results.

Waste and Emissions: Third Parties shall have processes and systems in place to ensure safe handling, movement, storage, recycling, reuse, or management of waste. Any generation and disposal of waste, emissions to air and discharges to water, with the potential to adversely impact human health or the livelihoods or way of life of surrounding communities or the environment

(giving priority to Active Pharmaceutical Ingredients) shall be appropriately minimized, properly managed, controlled and/or treated prior to release into the environment.

 

Environmental Sustainability

As a leading CDMO company, our ambition is to be a catalyst for change. We are driving sustainability through our own operations as well as across Third Party operations for reduction of greenhouse gas (GHG) emission, responsible use of water, waste reduction and the use of eco-friendly materials. We are aligning our emission reduction targets with and have them approved by the Science Based Targets initiative (SBTi) by end 2025. Third Parties shall be transparent about their environmental practices and performance via established global reporting framework or platforms. Third Parties shall also ensure similar standards are followed by their suppliers and overall supply chain.

Third Parties shall be required to make available Anthem product/ service specific environmental sustainability data to track their performance. Upon request from Anthem, Third Parties shall have the relevant environmental data assured by an independent third party. Third Parties shall engage with their suppliers to actively minimize the environmental impact of their supply chain. Third Parties shall also allow Anthem to report their environmental sustainability data related to products and/or services procured by Anthem to independent third-party platforms in an anonymized form, as may be required for the purposes of external reporting, benchmarking and auditing.

Sustainability and Resource Efficiency: Third Parties shall have processes and systems in place to strive for a positive effect on climate, by reducing their carbon footprint, waste and water usage and making efficient use of natural resources. As members of society, we have to protect the environment for future generations. Where surrounding communities rely on ecosystem services for their sustenance or livelihoods, Third Parties shall ensure that their use of natural resources does not adversely impact community members’ rights to water and an adequate standard of living and they shall remedy any impacts that are caused.

Eviction and unlawful deprivation: Third Parties shall refrain from the unlawful eviction and the unlawful deprivation of land, forests and waters in the acquisition, construction or any other use of land, forests and waters, the use of which secures the livelihood of a person.

 

Animal Welfare

Animals shall be treated respectfully, without pain and stress minimized. Animal testing should be performed after consideration to replace animals, reduce the numbers of animals used or refine procedures to minimize distress. Alternatives should be used wherever scientifically valid and acceptable to regulators. Anthem is committed to globally achieving high standards of Animal Welfare whenever animals are involved in an Anthem study or procedure.

The Anthem Animal Welfare Standard applies to all internal and Anthem external animal studies. It complies with the guidelines prescribed by the Committee for Control and Supervision of Experiments on Animals (CCSEA, 2023), Government of India, Ministry of Fisheries, Animal Husbandry and Dairying; and the Guide for the Care and use of laboratory animals (Guide), NRC 2011. More stringent criteria apply for Non-Human Primates.

Third Parties are required to comply with all applicable local and national laws and regulations relating to Animal Welfare. In addition, they are required to comply with the following key principles, which embody the Third Party requirements of the Anthem Animal Welfare Policy (where local/national laws and regulations impose stricter requirements, the stricter requirements shall be followed):

  1. The welfare of animals is of primary concern.
  2. The 3Rs (Replace, Reduce, Refine) are applied.
  3. Studies are carried out by well-trained, competent and experienced personnel.
  4. Finished cosmetics and their ingredients will not be tested on animals.
  5. Only animals specifically bred for research purposes are purchased and used, except for some farm animals, companion animals used in clinical studies and fish.
  6. Animals are treated respectfully and cared for in accordance with the particular needs of the given species and individual, as defined by current veterinary care and practice guidelines for animals used in experiments.
  7. Animals experience the minimum amount of discomfort, distress or pain and appropriate methods for sedation, analgesia or anesthesia are utilized whenever possible.
  8. Particular care and attention is paid to the transportation of animals, including use of appropriate and adequate devices and/or facilities for transport in accordance with applicable guidelines and legal requirements.
  9. The principles and requirements apply to Anthem-initiated studies performed at Third Party facilities (e.g., contract research organizations, universities and other companies).

7. ANTI-BRIBERY AND AIR COMPETITION

Anti-Bribery

Third Parties shall not bribe any public official or private person and shall not accept any bribes. No intermediaries, such as agents, advisers, distributors or any other business partners, shall be used to commit acts of bribery. Third Parties shall comply with applicable laws and regulations and industry standards related to anti-corruption.

Facilitation Payments: Anthem prohibits any facilitation payments being made in the context of any Anthem business.

Gifts, Hospitality and Entertainment: Gifts, hospitality and entertainment will not be given, offered or promised to be given to receive anything of value for the purpose of improperly influencing any decisions concerning the Third Party and/or Anthem. The Third Party will not use other third parties to commit acts of bribery or corruption. Gifts, hospitality and entertainment are modest, reasonable and infrequent, so far as any individual recipient is concerned. However, no gifts of any kind including personal gifts or promotional aids, etc., whether branded or unbranded, can be provided to HCPs or their family members. This includes payments in cash or cash equivalents (such as gift certificates).

Grants, Donations and Sponsorship: Grants and donations are only given if the Third Party and/or Anthem do not receive, and are not to be perceived to receive, any tangible consideration in return. Grants and donations must never reward, or be perceived to reward, any tangible consideration. Sponsorship is not to be used (or perceived to be used) to receive an improper commercial advantage in return. Sponsorship must never reward (or be perceived to reward) an improper commercial advantage.

Political Contributions: If the Third Party chooses to make political contributions, they must be made in compliance with all applicable laws, regulations and industry codes and standards, and must not be made with the expectation of direct or immediate return for the Third Party or Anthem.

Lobbying: Lobbying is not to be misused for any corrupt or illegal purposes, or to improperly influence any decision.

Public Officials: Any relationship between the Third Party and public officials is in strict compliance with the rules and regulations to which they are subject (i.e., any applicable rules or regulations in the particular country relating to public officials or that have been imposed by their employer). Any benefit conveyed to a public official is fully transparent, properly documented and accounted for.

Fair Competition

Third Parties shall conduct their business consistent with fair competition. They shall employ fair business practices, including accurate and truthful advertising. Third Parties shall comply with all fair competition and antitrust laws and regulations.

Data Privacy and Information Protection

Third Parties shall establish and maintain adequate personal data and information security protection for the information that they, and any third parties acting on their behalf, process. 

Third Parties shall operate in a manner that is consistent with applicable data protection/privacy laws and aligned with industry standards for the protection and security of all information, including Personal Information.

Proper Protection of Personal Information: Third Parties shall have the proper organizational structure, processes and procedures to ensure the protection, confidentiality, integrity and availability of information against accidental, unauthorized or unlawful loss, destruction, alteration, disclosure, use or access.

Proper Security Measures: Third Parties must have adequate policies and procedures in place, which address technical and organizational security, and take reasonable steps to stay current and to confirm on a periodic basis, compliance with those. Such policies and procedures must include for Suppliers only, at minimum, the Minimum Information Security Controls for Suppliers, available at this link.

Compliance with Cross-Border Transfer Restrictions: Third Parties must have adequate safeguards, rules and procedures to ensure that they remain in compliance with all applicable laws that govern cross-border data transmissions, where applicable.

Data and/or Information Breach Notification: Third Parties shall notify Anthem for any suspected or actual data breach concerning the services/deliverables/goods provided. Third Parties shall appropriately assist Anthem in any investigations in response to a data or information breach.

8. QUALITY (GOOD MANUFACTURING PRACTICES)

Third Parties shall ensure that they are providing materials, products and services that comply with applicable laws, regulations, health authority standards, industry guidance and any additional customer requirements. Third Parties shall, where applicable, abide by the Quality Contract in place governing Good Manufacturing Practices (GMP) activity, expectations and requirements.

Third Parties that are subject to GMP requirements shall:

  1. Hold and maintain the necessary manufacturing licenses, permits and registrations (or comparable authorizations) in respect of the materials, products and/or services supplied to Anthem and for the relevant facility issued by relevant regulatory authorities
  2. Ensure that all data relevant for any activities conducted to provide materials, products and/or services to Anthem, is accurate, controlled, safe from manipulation or loss and compliant with all health authority standards and industry expectations for data integrity
  3. Take measures to ensure security and integrity of the supply chain, including but not limited to measures for anti-tampering, anti-counterfeiting and product serialization requirements, etc.
  4. Cooperate with Anthem in implementing new or changed health authority standards or expectations in time for regulatory implementation.

9. TRADE SANCTIONS AND EXPORTS CONTROL

Third Parties shall identify and comply with applicable trade sanctions and export control laws, including but not limited to US, EU and Swiss trade sanctions laws. Anthem does not engage with persons or companies that have been placed by governments on sanctioned party lists.

 

Third Parties shall:

  • Confirm that neither they nor their affiliated companies, shareholders or directors have been previously, or are currently, placed on one of the following restricted parties lists: the U.S. List of Specially Designated Nationals (“SDNs”) and Blocked Persons, maintained by the U.S. Treasury Department Office of Foreign Assets Control; the Debarred List and non-proliferation sanctions lists maintained by the U.S. State Department; the EU Consolidated List of Designated Parties; and the Sanctions Embargoes List of Switzerland;
  • Confirm they are not currently owned 50% or more, individually or in the aggregate, by one or more SDNs;
  • Shall immediately inform Anthem by email if during the course of dealings with Anthem: (i) they, their affiliated companies, shareholders or directors are placed on one of the restricted parties lists referenced above; or (ii) they become owned 50% or more, individually or in the aggregate, by one or more SDNs.

 

Identification of Concerns

Third Parties are expected to implement a complaint mechanism through which their Employees can raise complaints directly with such Third Party without fear of retribution or losing their jobs. In addition, Employees can report actual and / or potential violations of this Third Party Code, the Human Rights Commitment Statement (HRCS) and other relevant policies or applicable human rights and environmental laws and regulations in their country and/or Anthem countries of operation through our available Hroperations@anthembio.com.

 

  • Management Systems

Third Parties shall use management systems to facilitate continual improvement and compliance with these standards. Elements of the management systems include:

  • Commitment and Accountability

Third Parties shall demonstrate commitment to the concepts described in this document by allocating appropriate resources.

  • Legal and Customer Requirements

Third Parties shall identify and comply with applicable laws, regulations, standards and relevant customer requirements.

  • Risk Management

Third Parties shall have mechanisms to determine and manage risk in all areas addressed by this document.

  • Third Party Relationships

Third Parties do not sub-contract or otherwise engage with third parties on behalf of Anthem or represent Anthem to third parties, without the prior written consent of Anthem. Similarly, there is no assignment of the contract, without prior written consent of Anthem.

  •  Audit Right

Anthem may audit (or engage a third party to audit on their behalf) the Third Party at any time upon reasonable prior notice, to ensure its compliance with the standards in the Third Party Code, and to confirm all payments made by Anthem and to third parties on behalf of Anthem. Supplemental audit provisions may also apply as agreed between the parties.

  • Documentation

Third Parties shall maintain documentation necessary to demonstrate conformance with these standards and compliance with applicable regulations. Third Parties shall prepare and maintain books and records that document accurately and in reasonable detail all matters related to business with Anthem, accounting for all payments (including gifts, hospitality and entertainment, or anything else of value) made on behalf of Anthem, or out of funds provided by Anthem. “Off-the-books” accounts and false or deceptive entries in the Third Party’s books and records are prohibited. All financial transactions must be documented, regularly reviewed and properly accounted for. A copy of this accounting is available to Anthem upon request. Third Parties shall ensure that all relevant internal financial controls and approval procedures are followed and that the retention and archive of books and records is consistent with the Third Party’s own standards and tax and other applicable laws and regulations. More specific record retention requirements may be agreed between the parties.

  •  Training and Competency

Third Parties shall educate their employees to make ethical decisions in compliance with laws, regulations and contract requirements. If requested by the Third Party, Anthem has the right to train.

  •  Continual Improvement

Third Parties are expected to continually improve by setting performance objectives, executing implementation plans and taking necessary corrective actions for deficiencies identified by internal or external assessments, audits, inspections and management reviews.

  •  Business Continuity Management

Third Parties that are involved in the manufacturing, storage and/or logistics of Anthem products or products/materials/devices used in Anthem products (or the provision of services relating to or supporting any of the above activities), will ensure they have and keep up to date, business continuity plans and disaster recovery plans (periodically tested) sufficient to minimize the possibility of any interruption in the supply of products, devices, materials and related services and allow the rapid restoration of supply and/or services should they, nonetheless, have a disruptive incident. Such Third Parties will provide a copy of the business continuity plan and testing results to Anthem on request. All other Third Parties shall consider having Business Continuity measures in place for products and services being provided to Anthem in the case of disruptive incident.

10. ACKNOWLEDGEMENT

The Third Party acknowledges that their engagement is not used by Anthem to create an incentive or reward for prescribing Anthem products or to secure any improper business advantage for Anthem.

11. DISCLAIMER

Anthem may, in its sole discretion, provide guidance, documents, information, advice, best practice sharing, know-how, insights and/or examples (“Guidance”) to the Third Party for the purpose of its compliance with this Third Party Code. The Third Party acknowledges and agrees that any such Guidance is provided by Anthem for information purposes only and is not a substitute for professional advice and/or compliance with applicable legal requirements. The Third Party places reliance on Anthem Guidance at its own risk and any consequences of decisions relating to, or the implementation of, such Guidance are the sole responsibility of the Third Party. Anthem does not warrant and makes no representations as to the accuracy or completeness of such Guidance and will not be held responsible by any person, including the 

Third Party, in any manner whatsoever, for any consequences of the Third Party’s reliance on or implementation of such Guidance.

12. REVIEW

This Policy will be reviewed periodically once every three (three) years.

13. PUBLICATION OF THE POLICY

The policy is accessible on Company’s intranet and Veeva Vault.

14. EFFECTIVE DATE

This policy shall come into force on the date of its approval by the board of the company. This policy shall revoke and replace any and all previous policies and understandings that are inconsistent with those contained herein. The Committee shall amend this policy as necessary or appropriate with the approval of the Board. Once approved by the Board, the Committee shall thereafter apprise all the major stakeholders and provide them with a copy of the approved new version.

VERSION HISTORY

This policy has been approved by the Management of the Company on 9th Nov, 2024 and shall be effective from 9th Nov, 2023.