Scottsdale-based Medicis Pharmaceutical Corporation is the only pharmaceutical company in the world named to the Ethisphere Institute’s prestigious 2011 World’s Most Ethical Companies list. Ethisphere’s World’s Most Ethical Companies list is an admired roster of high-performing organizations that have achieved leadership positions in their respective industries through exemplary business ethics and corporate responsibility.
“Our business model is based upon providing physicians and patients with the safest and most effective medications and treatments possible,” explained Jonah Shacknai, Medicis founder, Chairman and Chief Executive Officer. “We hope physicians and patients make their choices on the basis of sound scientific information, and are not influenced by extraneous factors. To that end, we demand of ourselves the highest standards of behavior.”
The announcement of the winners coincided with the Global Ethics Summit, held this week in New York City, where Shacknai and Medicis General Counsel Seth Rodner delivered the opening keynote address. Their presentation provided unique insights into the successful business, legal and compliance collaboration at Medicis resulting in the Company’s compliance achievements.
This significant honor resulted from a rigorous independent evaluation process conducted on over 3,000 companies worldwide by the Ethisphere Institute, a leading international think tank dedicated to the ideal of creating sustainable competitive advantage through better business practices and corporate citizenship. Pursuant to this review process, Medicis is the only organization across the entirety of the highly regulated U.S. and global pharmaceutical industry to be awarded a place on this year’s rankings. Medicis is joined by such well-respected firms as Adidas, American Express, eBay, Ford Motor Company, PepsiCo, Starbucks and Xerox Corporation.