Yungjin Pharm (Chae Joon Lee, CEO) has obtained the 'ISO 37001' certification, the international standard for anti-corruption management system, from the Korea productivity center quality assurance (KPCQA).

The 'ISO 37001' is an international standard for anti-corruption management system established by ISO (International Organization for Standardization) in 2016. It presents guidelines for policies, procedures and control system on possible corruption risk.

After starting of compliance program (CP) in 2016, Yungjin Pharm diagnosed and evaluated corruption risk in all sectors while promoting compliance with laws as core task of company last year.

To establish anti-corruption management system, Yungjin Pharm has been prepared for 'ISO 37001' certification by operating a TF organization, fostering internal auditors and setting goals to prevent corruption for six months.

In addition, Yungjin Pharm has strengthened compliance and ethics through regular CP training and issuance of CP manuals. In particular, Yungjin Pharm operates 'Clean hotline', a system guaranteeing anonymity, to eliminate unfair practices.

The CEO of Yungjin Pharm said 'Ethics management is a necessary factor for pharmaceutical companies.' and 'We will do our best to become a trusted global company by establishing an international standard system and ethics management.'

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Yungjin Pharm. Ind. Co. Ltd. published this content on 07 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 January 2019 15:18:02 UTC