Code of Conduct

Medical Device Components LLC is committed to conducting business ethically and in compliance with all applicable laws and regulations. Our Code of Conduct, based on the AdvaMed Code of Ethics, outlines our standards for interactions with healthcare professionals and the conduct of our employees and representatives.

1. Ethical Interactions with Healthcare Professionals

We adhere to high ethical standards in all interactions with healthcare professionals. These interactions should be focused on advancing medical technology, improving patient care, and enhancing the practice of medicine.

Educational Support: We support professional education by providing funding for legitimate educational activities and programs that promote scientific knowledge, medical advancement, and patient care.

Consulting Arrangements: We engage healthcare professionals as consultants for legitimate services, such as research, training, or product development, under written agreements with fair market value compensation.

Training and Education: We provide training and education to healthcare professionals on the safe and effective use of our products. This includes sponsoring educational events and providing product training.

2. Transparency and Compliance

We are committed to transparency in our interactions and comply with all applicable reporting requirements.

Transparency: We disclose any financial relationships with healthcare professionals as required by law and in accordance with industry standards.

Compliance Programs: We maintain a robust compliance program to ensure adherence to applicable laws, regulations, and ethical standards. This includes regular training and auditing.

3. Research and Development

Our commitment to innovation includes conducting research and development activities ethically and responsibly.

Clinical Trials: We conduct clinical trials in compliance with applicable laws and regulations, ensuring the integrity and credibility of our research.

Grants and Donations: We provide grants and donations to support independent medical research, education, and public health initiatives that align with our mission and values.

4. Marketing and Sales Practices

We promote our products honestly and responsibly, ensuring that our marketing and sales practices meet high ethical standards.

Accurate Information: We provide accurate, balanced, and scientifically valid information about our products.

Promotional Activities: Our promotional activities, including advertising and sales presentations, are conducted in a manner that respects the professional responsibilities of healthcare professionals and does not interfere with their clinical judgment.

5. Gifts and Hospitality

We prohibit inappropriate gifts and hospitality to healthcare professionals.

Gifts: We do not provide gifts or entertainment to healthcare professionals that could influence their medical judgment.

Hospitality: We may provide modest hospitality in connection with educational or training events, provided it is incidental to the main purpose of the event and is not intended to influence decision-making.

6. Employee Conduct

Our employees are expected to uphold the highest standards of integrity and professionalism.

Conflicts of Interest: Employees must avoid conflicts of interest and disclose any situations that may involve a potential or actual conflict.

Confidentiality: Employees must maintain the confidentiality of sensitive information, including patient data and proprietary information.

Compliance: Employees must comply with all applicable laws, regulations, and company policies, and report any suspected violations of the Code of Conduct.

7. Reporting and Accountability

We encourage a culture of openness and accountability.

Reporting Violations: Employees and third parties are encouraged to report any violations of this Code of Conduct or any unethical behavior. Reports can be made anonymously through our confidential reporting system.

Non-Retaliation: We prohibit retaliation against anyone who, in good faith, reports a violation or participates in an investigation.

MDC LLC is dedicated to maintaining the highest ethical standards in all our interactions and business practices. We are committed to continuous improvement and to fostering a culture of integrity and ethical behavior.

For any questions or to report a concern, please contact our Compliance Office at admin@medicaldevicecomponents.com