Attached files
Exhibit 14.1
CODE OF ETHICS
Innovus Pharmaceuticals, Inc. and subsidiaries (the "Company") is
committed to conducting its business in compliance with all the
applicable laws and regulations of the countries in which it
operates and in accordance with high standards of business conduct.
The Company strives to maintain the highest standard of accuracy,
completeness and disclosure in its financial dealings, records and
reports. These standards serve as the basis for managing the
Company's business, for meeting the Company's duties to its
shareholders and for maintaining compliance with financial
reporting requirements. Each of the Company's officers, directors
and employees must adhere to and advocate the following principles
and responsibilities governing professional and ethical
conduct:
●
Act
with honesty and integrity, avoiding actual or apparent conflicts
of interest in personal and professional
relationships.
●
Provide
constituents with information that is accurate, complete,
objective, relevant, timely and understandable.
●
Comply
with rules and regulations of federal, state, provincial and local
governments and other appropriate private and public regulatory
agencies.
●
Act
in good faith, responsibly, with due care, competence and
diligence, without misrepresenting material facts or allowing
independent judgment to be subordinated.
●
Use
good business judgment in the processing and recording of all
financial transactions involved in performing duties with the
Company.
●
Respect
the confidentiality of information acquired in the course of work,
except when authorized or otherwise legally obligated to disclose
such information, and not use confidential information acquired in
the course of work for personal advantage.
●
Share
knowledge and maintain skills important and relevant to
constituents' needs.
●
Promote
ethical behavior among constituents in the work
environment.
●
Achieve
responsible use of and control over all assets and resources
employed or entrusted to such director, officer or
employee.
●
Comply
with generally accepted accounting standards and practices, rules,
regulations and controls, to the extent applicable to the duties of
such director, officer or employee of the Company.
●
Ensure,
to the extent applicable to the duties of such director, officer or
employee of the Company, that accounting entries are promptly and
accurately recorded and properly documented and that no accounting
entry intentionally distorts or disguises the true nature of any
business transaction.
●
Maintain
books and records that fairly and accurately reflect the Company's
business transactions, to the extent applicable to the duties of
such director, officer or employee of the Company.
●
Sign
only those documents that such director, officer or employee
believes to be accurate and truthful.
●
Devise,
implement and maintain sufficient internal controls to ensure that
financial record-keeping objectives are met, to the extent
applicable to the duties of such director, officer or employee of
the Company.
●
Prohibit
the establishment of any undisclosed or unrecorded funds or assets
for any purpose.
●
Not
knowingly be a party to any illegal activity or engage in acts that
are discreditable to the profession of such director, officer or
employee or the Company.
●
Respect
and contribute to the legitimate and ethical objectives of the
Company.
●
Engage
in only those services for which such director, officer or employee
has the necessary knowledge, skills and expertise.
●
To
the extent applicable to the duties of such director, officer or
employee of the Company, properly and promptly record, or cause to
be properly and promptly recorded, all disbursements of funds and
all receipts.
●
Not
make, or tolerate to be made, false or artificial statements or
entries for any purpose in the books and records of the Company or
in any internal or external correspondence, memoranda, or
communication of any type, including telephone or wire
communications.
Each of the Company's officers, directors and employees are
encouraged to promptly report any violations of the Code of Ethics
to the Company's Compliance Officer, who is currently Randy
Berholtz, Executive Vice President, Corporate Development and
General Counsel, or to the Chairman of the Board of Directors.
Refer to the Anti-fraud and Whistleblower Policy and
Procedures.