McGuff Compounding Pharmacy

Business Principles

The McGuff General Business Principles1 govern the Company’s business decisions and actions,. These principles apply equally to corporate actions and to the behavior of individual employees when on company business. They incorporate the fundamental principles on which all McGuff activities should be based: integrity, fair trade, non-discrimination and equal opportunities.

McGuff General Business Principles

Underpinning McGuff’s commitment to responsible corporate citizenship and the pursuit of a sustainable future; the McGuff General Business Principles set out guiding principles on integrity and ethics in business conduct. They incorporate the fundamental principles within McGuff for doing business. The intent of the McGuff General Business Principles is to ensure compliance with laws and regulations, as well as with McGuff’s norms and values.

Responsibility for compliance with the principles rests primarily with the management of each business. Every organization and each main production site has a Quality Assurance Officer in charge of compliance.

General Commitment

McGuff's mission is to improve the quality of people's lives through the timely introduction of meaningful innovations, products and services. McGuff aspires to be a leading innovator in the area of healthcare, delighting its customers with products and services that meet and even exceed their expectations. McGuff wishes to be a responsible partner in society, acting with integrity towards its stockholders, customers, employees, suppliers, business partners, competitors, governments and their agencies and others who can be affected by McGuff's activities. McGuff duly observes the applicable rules of the law of the countries in which it operates and regularly reviews its interests and those of affected persons or entities in order to ensure a healthy, long-term relationship with them. McGuff endeavors to adapt to local situations in order to take the most appropriate action to solve problems within the bounds of applicable law and responsible conduct. In this respect McGuff supports the principle of dialogue and cooperation with all parties involved.

Human rights

With due regard to the Universal Declaration of Human Rights, which states that all parties in society, including corporate persons, have a duty to respect and safeguard human rights, and within the framework of the legitimate role of businesses, McGuff supports and respects human rights and strives to ensure that its activities do not make it an accessory to infringements of human rights.

Child, bonded and forced labor

Under no circumstances will McGuff make use of forced or bonded labor, nor will it employ children in violation of Conventions no. 138 and no.182 of the International Labour Organization.

Free market competition

McGuff supports the principle of free market competition as a basis for conducting its business and observes applicable competition laws and regulations.

Product safety

McGuff aims, at all times, to supply safe products and services.

Privacy

The privacy of personally identifiable information about customers, employees, business partners and other individuals will be protected.

Environmental protection

Consistent with McGuff’s commitment to sustainable development, it will do all that is reasonable and practicable to minimize any adverse effects on the environment.

Commitment Towards Customers

McGuff is driven to improve people’s lives. McGuff's goal is to constantly delight each customer with breakthroughs both large and small. To this end, the company seeks to maintain an ongoing dialogue with its customers. McGuff is committed to listen to and learn from its customers, so that McGuff is able to design and deliver the solutions they really want and need. McGuff will always deal with its customers in a fair and forthright manner, maintaining the highest levels of integrity.

Commitment Towards Stockholders

It is of central importance to McGuff to conduct its operations in accordance with the highest standards of internationally accepted principles of good corporate governance. McGuff aims to achieve a satisfactory return on equity, while at the same time retaining sufficient funds in the company to generate profitable growth.

1 In these McGuff General Business Principles the expression 'McGuff' is used for convenience and means the McGuff group of companies comprising McGuff Company, Inc. and its subsidiary companies.

McGuff was named a Top Workplace of 2014 by the Orange County Register