Krka stated that they consider all allegations on potential non-compliance comprehensively and in accordance with the rules on prevention, detection, and investigation of non-compliance and investigates the circumstances of such instances.
On Friday, Krka issued an official statement regarding the alleged irregularities in Romania.
As a reminder, the Romanian media reported last week that Krka is under investigation by the Romanian health ministry after confidential documents detailing controversial payments to doctors were leaked to the local media. Romanian media released certain documents and testimonials from employees claiming that Krka also bribed doctors for prescribing Biobil.
To this alleged irregularities Krka stated that they consider all allegations on potential non-compliance comprehensively and in accordance with the rules on prevention, detection, and investigation of non-compliance and investigates the circumstances of such instances.
A special team has been formed to investigate in detail the activities of Krka’s subsidiary in Romania. After concluding its assigned internal investigation, presumably by the end of January 2020, the team will report its findings to Krka’s Management Board, and the Management Board will then report to Krka’s Supervisory Board. Should the investigation identify irregularities that could have a material impact on Krka’s business performance, Krka will publicly report on these irregularities.
Krka adds that all of their activities in markets where thier pharmaceutical products are available are carried out in accordance with the applicable legislation, international standards pertaining to the pharmaceutical industry, and the adopted internal rules prescribed in the Code of Conduct, Code of Promotion, and the Rules on Fraud Prevention, Detection and Investigation.
Krka subsidiaries and representative offices must ensure that the activities carried out in countries where Krka is present are performed in line with these principles; any and all fraudulent and corrupt acts are strictly prohibited. Consequently, Krka subsidiaries and representative offices in countries where Krka is present are responsible for ensuring that their respective activities are carried out in compliance with the applicable national legislation and in line with Krka’s rules and policies. If any non-compliances are established in relation to the activities of Krka Romania employees, Krka will act resolutely and use all legal means at its disposal to sanction any potential perpetrators.
