What are the Standards of Global Business Practices?
The Standards of Global Business Practices are Schering-Plough's
guide to Company policies and the legal requirements that govern
how we conduct business around the world. They are the foundation
of our commitment to business integrity. The Standards explain
many of the basic rules that apply to our businesses and the
personal responsibilities each of us has to speak up if we ever
see something that doesn't seem right.
The Standards are not a stand-alone document. They work together
with, and support, our Vision, Mission, Values, and Leader Behaviors.
Business Integrity, a Leader Behavior, is the cornerstone on which the
Standards are built. Focusing on applying all the Leader Behaviors is
important to achieving compliance.
The Standards are in some cases "values based" and in others "rules
based," but all are designed to help assure that compliance with laws,
regulations and Company policy become part of our operational DNA.
The Standards are not intended to describe every detail of every law,
regulation or Company policy that may apply to you. To learn more
about applicable laws, regulations or Company policies, see the
additional resources identified throughout the Standards with the  ,
ask your manager, the Global Law department, Global Human
Resources department or your local Compliance Officer. You may
also contact the Integrity Action Line which is described more fully
on page 56. A complete listing of Company policies is available to
you on the Company intranet at http://corporatepolicy.us.schp.com/.
How do the Standards relate to our role in healthcare?
We work in a unique industry - healthcare - that is regulated
differently from other industries in most countries in which we
do business. First, our products affect the health and safety of
people and animals. Second, medicines are bought or their cost is
reimbursed by the government in many countries, or by third party
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