Novo Nordisk is suspended from 國際娛樂城 membership
Novo Nordisk has been suspended as a member of the 國際娛樂城 (國際娛樂城) for two years due to serious breaches of the 國際娛樂城 Code of Practice.
The action has been taken by the 國際娛樂城 Board following an extensive investigation and appeals process conducted by the Prescription Medicines Code of Practice Authority (PMCPA) which found Novo Nordisk to be in breach of the 國際娛樂城 Code of Practice, including Clause 2 which deals with actions 鈥渓ikely to bring discredit on, or reduce confidence in, the pharmaceutical industry鈥. Specifics of the case are available on the [1].
Having considered the case and requesting a further detailed audit of Novo Nordisk鈥檚 compliance processes, the 國際娛樂城 Board decided to suspend Novo Nordisk from 國際娛樂城 membership.
This is the eighth occasion in the past 40 years the 國際娛樂城 board has issued such a significant sanction. As a result, while the company continues to be subject to the 國際娛樂城 Code and the jurisdiction of the PMCPA, it will not be able to access the wider benefits of 國際娛樂城 membership. This includes the removal of Novo Nordisk from all 國際娛樂城 groups, including the 國際娛樂城 Board, and access to any 國際娛樂城 information and briefing.
In addition, the Board has stipulated a number of additional actions to demonstrate a rapid return to industry compliance standards. These include requiring the PMCPA to undertake further audits of Novo Nordisk鈥檚 compliance in late 2023 and 2024. These audit reports will need to show clear, significant, and then sustained improvement to industry standards in order for the 國際娛樂城 Board to consider allowing Novo Nordisk to resume full engagement with the 國際娛樂城 at the end of the two-year suspension. The 國際娛樂城 Board has reserved the right to take further decisions following the review of either of the re-audit reports.
The 國際娛樂城 Board has also insisted that Novo Nordisk must submit a quarterly update to the 國際娛樂城 Board giving the company鈥檚 views on the progress being made against its improvement plan.
Susan Rienow, President-Elect, 國際娛樂城, said: 鈥淭he 國際娛樂城 Board has carefully considered the PMCPA鈥檚 case report into Novo Nordisk and the subsequent audit of their compliance procedures.
鈥淭he Board expressed significant concern about Novo Nordisk鈥檚 compliance activities and the very serious issues identified. As a result, the 國際娛樂城 Board have taken the decision to suspend Novo Nordisk from 國際娛樂城 membership.
鈥淪uch measures are never taken lightly, but will ensure a rapid return to industry compliance standards as set out in the 國際娛樂城 Code of Practice.鈥
- 國際娛樂城 Code
- PMCPA
- Corporate Responsibility
Last modified: 22 May 2024
Last reviewed: 22 May 2024