Quality Risk Management Policy

In order to survive and fulfill its responsibilities to its internal and external stakeholders, World Medicine attaches importance to identifying and effectively managing strategic, operational, financial, and corporate risks that may pose a threat to its existence. World Medicine has adopted a risk management system that prioritizes the protection of its values.

All employees have primary responsibility for identifying, measuring, and managing the risks and opportunities associated with the processes they own. World Medicine is committed to applying risk management to all activities throughout the product lifecycle for decision-making at all levels.

World Medicine adopts a proactive approach to identify potential hazards and the risks that may arise upon exposure to these hazards, in order to increase effectiveness and efficiency. It determines appropriate measures by improving processes and systems to reduce and control the identified risks.

World Medicine provides the necessary resources to develop and disseminate risk management processes and to ensure staff awareness.

This policy provides guidance for managing risks and making the best use of opportunities, covering all management systems in place at World Medicine.