Sustainability for Global Health
Our CSR commitments
Our corporate responsibility policy defines the principles and objectives, consistent with our mission and values, that all Medincell employees must adhere to and contribute to in their professional practices. It provides a framework for integrating economic and environmental imperatives into Medincell’s activities to achieve long-term sustainability and value creation. Our Policy is based on five strategic pillars:
- Better medicine for all
- Our strength is our people
- Being a committed player
- Low environmental impact technology
- Ethical and fair practices
Better medicine for all
We focus on innovation excellence by designing purposeful technologies enabling new products and accessible therapies. To pursue this goal, we:
- Develop treatments that meet unmet medical needs, considering the priorities defined notably by the World Health Organization,
- Aim to secure a large accessibility and affordability of our products in both developing and developed countries through development, production and distribution strategies that reduce the price barrier and consider the technical constraints of each zone,
- Foster innovation to further meet patients’ needs and strive for a sustainable and collaborative health system environment,
- Make drugs efficient and aim to improve their therapeutic outcomes thanks to our enabling technologies.
Our strength is our people
Our multicultural and talented team makes all the difference. We provide a healthy and respectful work environment for all. We believe that sharing the success and value creation with all employees and internal stakeholders is the key to ensuring our sustainability. We will continue to:
- Make every employee a shareholder to ensure that Medincell’s values and missions are pursued. We promote the involvement and conscientiousness of the whole team by sharing the value created and promoting active participation in Medincell’s governance,
- Foster an open, efficient, and professional working atmosphere, ensuring mutual respect. We look after employee’s health and safety needs related to the work environment, via regular risk assessments and feedback,
- Promote employees’ general health and well-being via awareness and support programs. We facilitate work-life balance for all our employees regardless of their position,
- Ensure that our recruitment process provides equal opportunity for and equal treatment of all candidates. All Medincell employees are hired and promoted solely based on their skill set,
- Advocate and promote professional gender equality within our company
(2024 “Égalité Femmes-Hommes” index score: 91/100), - Encourage directness, sincerity, trust, and respect across the company. We nurture dialogue throughout the company and with the Economic and Social Committee. Furthermore, we foster diversity and cultural exchange between employees,
- Support sustainable employment and always maintain a fair review of professional performance and development. We strive to empower all employees and aim to provide fulfilling and rewarding careers while leaving room for personal initiatives.
- Prohibit any act that can imply any type of violation of an individual’s dignity including any form of harassment. Furthermore, we ensure that employees are informed about their rights and obligations, and we promote a speak-up culture.
Being a committed player
We believe that sharing value with our employees and aligning the interests of all stakeholders is essential to our success and sustainability. We believe that all healthcare stakeholders, from patients to industry partners, must work together to enable the development of sustainable, mutually beneficial healthcare systems. We also believe in information that allows everyone to make an informed decision. We therefore:
- Develop and promote a virtuous business model based on the fair sharing of the value created with employees, in particular through employee shareholding and a good compensation policy,
- Ensure and promote the alignment of the interests of all stakeholders: patients and their families, healthcare professionals, healthcare systems, industry, NGOs, and Medincell employees and shareholders,
- Develop a network of long-term committed partners who share our vision and ambition to have a real impact on global health,
- To improve the accessibility of treatments and the quality of life of patients and their families to reduce the burden of health in our societies through the development of effective medicines,
- Raise patient awareness, advocate for compliance and a better understanding of the expected benefits of long-acting injectables (including improved compliance, lower toxicity and potentially higher efficacy),
- Participate in the education of the scientific community, hosting and training students from middle schools to PhD level in our facilities,
- Encourage our employees to support local community life and economy, and to get involved in solidarity initiatives.
Low environmental impact technology
With Global Health at the heart of our vision, we strive to minimize our impact on the environment. At our own level we:
- Develop products with a reduced environmental impact and strive to design new sustainable technologies,
- Strive to continuously reduce manufacturing and process waste and emissions at Medincell and aim to have a lean process starting with Quality by Design for technology transfer to our partners,
- Commit to minimize our global footprint by reducing and sorting waste, rationalizing energy use and reducing emissions
Ethical and fair practices
We value trust, respect, and integrity in all our interactions and activities. To achieve this pledge, we:
- Commit to creating high quality, performing, safe technologies and products through integrated continuous quality/risk management and continuous improvement,
- Require legal compliance and we promote Corporate Social Responsibility and an ethical culture within Medincell through internal training and process control,
- Include in our suppliers, providers and sub-contractors selection criteria their product and service quality, their legal and regulatory compliance, respect for Human Rights, ethical code, environmental approach and sustainability,
- Believe in values alignment and we strive to assess our potential partners regarding safety and quality practices, Human Rights, working conditions, sustainability, fair trade, anti-corruption and anti-bribery policies,
- Maintain transparency, sincerity, and closeness with our shareholders so that they understand, adhere to and support our corporate project. We ensure to align everyone around our raison d’être, our values and to preserve everyone’s interests.
