Transparency International launches new principles to promote integrity in the pharmaceutical industry in Latin America

Transparency International’s Pharmaceuticals & Healthcare Programme has launched a set of new principles focused on strengthening ethical standards across the pharmaceutical sector in Latin America, promoting integrity and ethical business practices. “Business Principles for Promoting Integrity in the Pharmaceutical Sector in Latin America” calls on pharma companies to implement these Principles to help reduce the risk of corruption, which holds back effective healthcare, for example by denying millions of people to fair access to necessary, and often life-saving medicines. The Pharma Integrity Principles for Latin America aim to promote integrity in the pharmaceutical sector and guide companies in eliminating bribery and related conflicts of interest; demonstrating that the pharma industry is able to do business with integrity; making a positive contribution to improving business standards of integrity, transparency and accountability; and development, or strengthening of a practical and effective internal anti-corruption or integrity programs.

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