Compliance

Our Code of Conduct
Valneva is committed to conducting business ethically and responsibly and in compliance with applicable laws, rules and regulations. The Management Board and the Supervisory Board have adopted this Code of Conduct, because they firmly believe it is in the long-term interest of Valneva for business to be conducted in compliance with the principles set out in the Code of Conduct.

To view the Valneva Code of Conduct, click here. 

Our Compliance & Ethics Policies
The Corporate Compliance & Ethics framework at Valneva consists of additional policies including e.g. the Global Anti Bribery and Anti-Corruption Policy, the Global Conflicts of Interest Policy, the Data Protection Policy, the Global Anti-Harassment, Anti-Discrimination and Anti-Bullying Policy and the Non-Retaliation and Non-Retribution Policy. Furthermore, we have clear rules and limits on any transfer of value to health care professionals and adopted the US PhRMA Code.

Our Compliance Organization
Valneva's Corporate Compliance Officer is a member of the Management Board and leads the implementation and development of our Compliance Program. The Local Compliance Officers and other stakeholders form the Compliance Committee and share best practices with implementing measures at our different sites. All employees know whom to contact for questions and for reporting issues, and for those who want to do this anonymously, as permitted by local laws and\or regulations, we offer a dedicated hotline, operated by a third party provider.

Training Measures
We train our employees on our policies and guidelines on a regular basis. These training measures include classroom training sessions as well as eLearning and are mandatory for employees, external workforces and external partners who perform compliance relevant activities for Valneva.

Checks and Consequences
Valneva performs internal compliance audits to improve processes and detect possible misconduct at an early stage. Compliance with rules and regulations, including attendance of mandatory training measures, is part of every employee's annual goals. Non-compliance has immediate effect on the employees' annual performance and will lead to appropriate consequences. Any internal investigations are based on a dedicated case management process, which includes mandatory corrective and preventive actions and adequate reporting to the relevant decision bodies.
If you need detailed information, please feel free to contact a member of our compliance organization, toll-free, at (855) 481-3283.

Valneva Declaration for Purposes of the California Act
Following the California Act, Valneva has established a specific annual dollar limit which applies to promotional materials, items, and activities provided by an employee of relevant Valneva businesses to covered recipients in California. Besides, the following expenses are excluded from the limit: drug samples given to physicians and healthcare professionals intended for free distribution to patients, financial support for continuing medical education forums, and financial support for health educational scholarships. Furthermore,  payments made for legitimate professional services provided by a health care or medical professional, provided that the payment does not exceed the fair market value of the services rendered. All payments are provided in a manner that conforms to the "Compliance Program Guidance for Pharmaceutical Manufacturers" and with the "Code on Interactions with Health Care Professionals". To the best of its knowledge, Valneva declares that as of April 1, 2020, it is in all material respects in compliance with the requirements of the California Act.

Third Party Compliance Information
Valneva expects 3rd party suppliers, service providers, agents, consultants, distributors and business partners to also conduct business ethically and responsibly and in compliance with all applicable laws, rules and regulations. Valneva provides third party training with regard to anti-bribery and anti-corruption and related compliance topics including code of conduct, confidential information, gift giving, conflicts of interest and political activity. Valneva requests third parties to certify under this training program when doing business with Valneva.