Name
Bio-Rad iCode Introduction.mp4
Interacting With Healthcare Professionals and Healthcare Organizations
We take special care when interacting with healthcare professionals (HCPs) and healthcare organizations (HCOs) and make sure we always comply with applicable law and Bio-Rad policy.
We must make sure our interactions with all healthcare professionals (HCPs) and healthcare organizations (HCOs) are:
- Always for valid business purposes
- Always consistent with applicable law, our Code, and our policies
- Never meant to unduly influence any HCPs medical or purchasing decisions
We are responsible for knowing the laws, regulations, and Bio-Rad polices that apply to our interactions with HCPs and HCOs. We must make sure that any transfers of value to HCPs or HCOs are at fair market value (FMV). In some jurisdictions, we cannot provide certain items to HCPs, including gifts, meals, and continuing education credits.
- Gifts
- Travel reimbursements
- Consulting payments
- Product samples
- Loans of instruments
Expectations
- We make sure we learn and understand all laws, regulations, and Bio-Rad policies that apply to interactions with HCPs or HCOs.
- We make sure our interactions with HCPs and HCOs are for valid business purposes and not meant to improperly influence the HCPs or HCOs decision-making.
- We ask for help when we have questions on HCP and HCO topics, such as Business Courtesies Portal, aggregate spend/transparency, or fair market value.
Training Videos in Multiple Languages
Key Terms
Anyone who works for or otherwise represents a government, a government department, or a government-controlled or government-owned organization. For example, a doctor who works in a state-owned hospital would be considered a government official. This term also includes politicians or employees of a public international organization such as the United Nations.
FMV refers to Bio-Rad paying a consistent amount across the global organization by use of objective external data tables of rates based on market analysis of services by type, country, and level of credentials and influence. FMV is embedded in the Business Courtesies Portal application.
Hospitals, clinics, medical practices, universities, healthcare-related professional organizations, medical societies, payors, distributors/wholesalers, and other entities in a position to authorize or recommend the purchase or placement of any Bio-Rad product.
A situation in which Bio-Rad provides a payment or something else of value to a healthcare entity covered under an aggregate spend/transparency law.
FAQs
A: Yes, payments Bio-Rad makes to HCPs in the U.S. and other jurisdictions must be documented and reported. Contact the Corporate Compliance Department for guidance on how to report these payments.
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A: No. We do not provide entertainment for HCPs in any jurisdiction. Please contact the Corporate Compliance Department for guidance.
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A: No. Bio-Rad promotional materials are developed and reviewed through a rigorous process. You should not alter Bio-Rad’s approved materials or create your own materials.
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