1. Catalogs
  2. Wright Medical Technology
  3. Wright Code of Business Conduct

Wright Code of Business Conduct

Wright Code of Business Conduct
1 / 36 PagesView full catalog

Wright Code of Business Conduct

Product catalog summary
Introduction
The Code of Business Conduct for Wright Medical Group N.V. and its subsidiaries emphasizes compliance and high ethical standards, serving as a guide for ethical and legal issues and reflecting the company's commitment to integrity.
Personal Accountability
The Code applies to all employees, officers, directors, and third parties acting on behalf of the company, outlining personal responsibility for compliance with laws and company policies. Supervisors have additional responsibilities to ensure compliance among subordinates.
Integrity in the Marketplace
This section covers relationships with healthcare professionals, guidelines on meals, gifts, consulting arrangements, political contributions, anti-bribery laws, and protection of confidential information. Compliance with product regulatory standards and honest advertising is emphasized.
Ethics in Business
Global conduct standards focus on supplier relationships, conflicts of interest, competition laws, economic sanctions, export controls, and human rights standards.
Integrity in the Workplace
Commitment to equal employment opportunity, freedom from harassment, and a safe work environment is highlighted, addressing asset misappropriation and fair dealing in negotiations.
Responsibility to Shareholders
This section emphasizes the integrity of corporate records, public filings, and communications, covering legal proceedings, media inquiries, and misuse of insider information.
Administration of the Code
The compliance program includes roles of the Compliance Officer, procedures for investigations, discipline for violations, amendments, and public disclosures.
Conclusion
The Code guides ethical business conduct, focusing on improving patient lives and maintaining high standards of integrity and professionalism.
Code of Business Conduct Overview
This document outlines ethical guidelines and compliance standards for Wright's Company Representatives, emphasizing integrity, legal compliance, and ethical interactions in the marketplace, particularly with Health Care Professionals (HCPs).
Ethics Quick Test
An 'ethics quick test' helps employees assess the ethics of specific situations by asking if the action is legal, complies with company values, and if it would be difficult to disclose to family members.
Responsibilities of Supervisors
Supervisors ensure their subordinates understand and comply with the Code of Business Conduct, including completing necessary compliance training.
Consulting Arrangements
HCPs may be compensated for legitimate services, provided these arrangements are documented and approved by senior management.
Political Contributions and Improper Payments
Company funds cannot be used for political contributions or improper payments. All political activities must be conducted on personal time and expense.
Quality Policy
Wright is committed to quality and regulatory compliance, striving for continuous improvement and risk mitigation to enhance customer quality of life.
Product Marketing and Advertising
All marketing materials must be approved by the Legal and Regulatory departments to ensure compliance with FDA-approved product indications.
Anti-Bribery and Anti-Corruption Laws
Wright adheres to global anti-bribery and anti-corruption laws, prohibiting any form of bribery or inducement to gain unfair advantages.
Confidential Information Protection
Company Representatives must protect confidential patient and prescriber information, adhering to jurisdictional laws and ensuring information is accessed only for legitimate business purposes.
Global Conduct Standards
Wright's global presence requires compliance with varying laws and regulations across regions, alongside adherence to the company's Code of Business Conduct.
Relationships with Suppliers
The company maintains fair and honest dealings with suppliers, basing relationships on factors like price, quality, and service. Employees must avoid accepting personal benefits that could compromise their objectivity.
Conflicts of Interest
Company Representatives must avoid conflicts of interest, ensuring business decisions are made in the company's best interest.
Antitrust and Competition
Wright's business activities must comply with antitrust laws to ensure fair competition.
Economic Sanctions and Export Controls
Wright adheres to all applicable laws regarding economic sanctions, export controls, and trade practices.
Supplier Standards and Human Rights
The company and its suppliers must comply with laws regarding slavery and human trafficking, ensuring ethical sourcing and manufacturing.
Environment, Safety, and Health
The company prioritizes employee safety and environmental responsibility, adhering to relevant laws and encouraging reporting of unsafe conditions.
Asset Misappropriation
Employees must protect company assets and use them efficiently for legitimate purposes.
Fair Dealing
Employees are expected to engage in fair and honest negotiations, avoiding manipulation or misrepresentation in business dealings.
Responsibility to Shareholders
Wright emphasizes the importance of integrity in financial transactions, ensuring all records are accurate and comply with laws and accounting principles.
Public Filings and Communications
All public communications and regulatory submissions must be accurate and timely.
Legal Proceedings and Inquiries
All legal inquiries or documents should be forwarded to the General Counsel.
Intellectual Property
Wright's intellectual property includes trademarks, patents, and trade secrets. Unauthorized use by third parties is prohibited.
Compliance Program
The Compliance Program includes policies, procedures, and training overseen by the Chief Compliance Officer. Violations are investigated confidentially, and disciplinary actions are taken as necessary.
See more

Catalog excerpts

Wright Code of Business Conduct-1

Code of Business Conduct

 Open the catalog to page 1
Wright Code of Business Conduct-2

First Choice in Extremities and Biologics

 Open the catalog to page 2
Wright Code of Business Conduct-3

Dear Wright Colleagues, In 2011, I joined a Company with a tremendous amount of potential. As I reflect back on what has changed and what we’ve accomplished, I am confident that we are on a path that will motivate our employees, delight our customers and satisfy our shareholders. We have innovative and high quality products, an exciting pipeline, and a focused global growth strategy in extremities and biologics. More importantly, we have passionate people committed to making a difference. Every publicly traded company has a Code of Business Conduct (“Code”) in some form. Most companies of any...

 Open the catalog to page 3
Wright Code of Business Conduct-4

Questions or concerns? Email [email protected] or call 901.867.4

 Open the catalog to page 4
Wright Code of Business Conduct-5

“I am confident that we are on a path that will motivate our employees, delight our customers, and satisfy our shareholders.” Robert Palmisano, President & CEO

 Open the catalog to page 5
Wright Code of Business Conduct-6

Introduction Directive Mission We focus on Extremities and Biologics. Through our team of passionate and dedicated people, we deliver innovative, value-added solutions improving quality of life for patients worldwide. We are committed to compliance and the highest standards of ethical conduct. This Code of Business Conduct (“Code”) applies to all personnel of Wright Medical Group N.V. and its subsidiaries. We are committed to compliance and the highest standards of ethical conduct. The most fundamental principle of the Code is that all business conducted by the people who represent the company...

 Open the catalog to page 6
Wright Code of Business Conduct-7

“It is not only what we do, but also what we do not do, for which we are accountable.” Moliere

 Open the catalog to page 7
Wright Code of Business Conduct-8

“To keep a customer demands as much skill as to win one.” American Prover

 Open the catalog to page 8
Wright Code of Business Conduct-9

PERSONAL ACCOUNTABILITY Company Representative Responsibility – Does the Code Apply to Me? The Code applies to all employees (full-time, part-time and temporary), officers, and members of the Board of Directors of Wright, as well as agents, distributors, contractors and other third parties when acting on behalf of the Company; the Code refers to any person in one of these categories as a “Company Representative.” Nothing in the Code shall be construed to influence the independent professional judgment of a Health Care Professional in regard to patient care and treatment. Where can I find company...

 Open the catalog to page 9
Wright Code of Business Conduct-10

Q& A What do I do if my team member brings a policy violation to my attention? Once you are made aware of a potential problem, you must escalate that concern to the Compliance department immediately. You must also instruct your team member to make a report using one of the avenues provided. Ethics Quick Test If you know that it’s wrong or suspect that it might be wrong, don’t do it! If you are not sure, ask. Wright is committed to provide guidance to Company Representatives in making the right decisions. The following “ethics quick test” helps to make an assessment when there are doubts about...

 Open the catalog to page 10
Wright Code of Business Conduct-12

“Adaptability is about the powerful difference between adapting to cope and adapting to win.” Max McKeow

 Open the catalog to page 12
Wright Code of Business Conduct-13

INTEGRITY IN THE MARKETPLACE Every Company Representative is expected to perform with integrity in the marketplace. This can be achieved by following applicable laws and regulations as well as the company policies set forth by Wright. As a Company Representative, you are expected to complete training and understand the relevant laws, policies, and compliance processes. Each Company Representative is obligated to comply with the Code, and failing to do so can result in fines, penalties, and/or damage to the Company’s reputation. Relationships with Health Care Professionals Wright’s relationships...

 Open the catalog to page 13
Wright Code of Business Conduct-14

Can I create product marketing materials tailored for my customer? Company Representatives are prohibited from independently developing or distributing marketing materials. All presentations, marketing materials, etc. involving the branding, labeling, or use of Wright products must be approved through the Legal and Regulatory departments to ensure compliance with product indications as approved by the FDA. Quality Policy Our commitment to Quality, product safety, and regulatory compliance makes us your first choice in extremities and biologics. We achieve this through continuous quality improvement,...

 Open the catalog to page 14
Wright Code of Business Conduct-15

Anti-Bribery and Anti-Corruption Laws (“ABAC”) Globally, there are Anti-Bribery and AntiCorruption laws in place to foster ethical behavior between government and business. The cornerstone of these laws prohibits any person (or corporation) from knowingly or willfully offering, paying, soliciting or receiving cash or anything of value with a purpose to create an unfair advantage. Anti-Bribery and AntiCorruption Laws include but are not limited to: • The US Foreign Corrupt Practices Act (“FCPA”) anti-bribery provisions apply to corrupt payments made to 1) any foreign official; 2) any foreign political...

 Open the catalog to page 15
Wright Code of Business Conduct-16

Questions or concerns? Email [email protected] or call 901.867.4349

 Open the catalog to page 16
Wright Code of Business Conduct-17

Use and Protection of Confidential Patient and Prescriber Information Who is considered a foreign official according to the FCPA? Company Representatives are obligated to comply with laws and rules relating to protecting confidential patient health information. This protected information includes all individually identifiable information relating to: A foreign official is defined broadly and includes: • an individual’s past, present, or future physical or mental health or condition; • the provision of health care to an individual; or • payment for providing health care to an individual. Company...

 Open the catalog to page 17
Wright Code of Business Conduct-18

“Coming together is a beginning. Keeping together is progress. Working together is success.” Henry For

 Open the catalog to page 18
Wright Code of Business Conduct-19

ETHICS IN BUSINESS Global Conduct Standards under the Code Wright’s business activities are conducted in a complex world of laws and regulations. As a company with global presence, such laws and regulations vary from one geographic region to another, and it is the responsibility of our Company Representatives to ensure that their business activities comply with all laws and regulations relative to their respective locations. In addition to local laws and regulations, Company Representatives must also ensure that they are engaging in business activities that are in compliance with the Company’s...

 Open the catalog to page 19

All Wright Medical Technology catalogs and technical brochures

  1. FORCE FIBER

    4  Pages

  2. BIOFOAM®

    1  Page

  3. TENSIX

    2  Pages

  4. ALLOPURE

    6  Pages

  5. MEDIALMAX

    2  Pages

  6. DARCO™

    1  Page

  7. INVISION™

    2  Pages

  8. PROPHECY

    6  Pages

  9. css

    4  Pages

  10. CL AW ® II

    20  Pages

*Prices are pre-tax. They exclude delivery charges and customs duties and do not include additional charges for installation or activation options. Prices are indicative only and may vary by country, with changes to the cost of raw materials and exchange rates.