Risk Management

At Incyte, we are striving to improve the lives of patients, support our colleagues and our local communities, minimize our impact on the environment and build sustainable value for our stockholders. Achieving these goals depends largely on our commitment to minimizing risk and conducting business ethically. The continued success of Incyte is dependent on the confidence we earn from our customers, patients, employees, communities and other stakeholders. We gain the right to operate as a biopharmaceutical company by adhering to our commitments, displaying honesty and integrity, and reaching our company goals through ethical conduct. To that end, the way we conduct our business is as important as the results we achieve. Below are some examples of key ways in which we conduct our organization ethically and to minimize our risk.

“By collaborating with colleagues throughout Incyte to help navigate the complex set of rules and regulations that apply to our industry, my work allows me to support Incyte’s critical activities of developing and delivering quality medicines to patients.  It is rewarding to be part of an organization that is committed to putting patients first and where all of our work ultimately contributes to the same goal.”

Jill Dailey, Vice President, Chief Compliance Officer

Incyte is committed to establishing and maintaining an effective compliance program. Our Comprehensive Compliance Program is one of the key components of our commitment to the highest standards of corporate conduct and includes written standards, education and training, monitoring and corrective action procedures.

To support ethical behavior across the organization, Incyte regularly conducts employee training on policies and procedures, field-based monitoring and internal audits on certain higher risk activities. We comply with the principles outlined in the applicable laws regarding disclosure of transfers of value to healthcare professionals, including the Physician Payment Sunshine Act (Sunshine Act) in the U.S. and the Loi Bertrand in France.

In order to help ensure that our products are used safely and for the right purposes, the following compliance requirements apply to promotional interactions with health care professionals:

  • Must be consistent with the approved labeling/product Prescribing Information and discuss only approved products and indications.
  • Must be truthful, non-misleading, and fairly balanced in presenting an Incyte product's benefits and risks.
  • Promotional materials used must be accurate, substantiated, scientifically rigorous, and consistent with applicable legal and regulatory standards.

Incyte is a member of the Pharmaceutical Research and Manufacturers of America (PhRMA) and therefore is committed to complying with the PhRMA Code on Interactions with Healthcare Professionals. Incyte is also a member of several equivalent national industry trade associations in Europe.

To learn more, please see our Code of Conduct and our Compliance and Transparency section of the website.

As technology improves the efficiency of our organization and activities, it may also increase our risk. Incyte has a robust Cybersecurity program, with a comprehensive set of tools and processes including technical and administrative safeguards such as penetration testing, vulnerability assessment and remediation, privacy and cybersecurity assessment of business partners, end-to-end security tools, cloud security and protection mechanisms for patient data and intellectual property.  Incyte also focuses on regularly improving cybersecurity awareness among its employees and contingent workforce through mandatory cybersecurity training during orientation, annual refreshers and “Cybersecurity Awareness Month” activities, which are supplemented by periodic phishing simulation testing campaigns with additional training for users who do not pass the tests.

Incyte is committed to upholding a strict policy on personal data privacy. This policy applies to the personal data of study participants, patients, caregivers, healthcare professionals, employees, business partners, or visitors to an Incyte website. We have a dedicated Global Privacy Team that supports our goal of being transparent about how we collect, use, and share data and keep personal data safe.  Incyte’s Global Privacy Team also makes sure that Incyte programs are designed to follow privacy principles such as data minimization, data accuracy, lawfulness, fairness, transparency, security, and limitations on purposes of collection, processing, and storage.  Please visit our dedicated Privacy page to learn more.

Incyte has protocols in place for a number of emergencies. Regular fire drills are conducted, and employees are directed to evacuation points away from the buildings. 

Related to the physical impact of natural disasters and climate change, we have assessed a contingency plan for the operating and research facilities in the United States. Should Incyte Headquarters lose power, we have the ability to maintain critical equipment and refrigerator/freezers with critical safe issues and samples. So while certain discovery projects may need to be on hold, all other work can be conducted remotely. 

The Global Technical Operations team has a business continuity Standard Operating Procedure (SOP) in place related to commercial supply. The Quality Assurance and Supply Chain teams also routinely meet with key suppliers to discuss and review their operations as related to the manufacturing of our products, including business continuity and crisis management preparedness.

The Code of Business Conduct and Ethics (the "Code") serves as our roadmap for acting ethically whenever and wherever we conduct business. Together with other company policies which provide more detailed information on specific topics, the Code will help us apply basic principles to our daily conduct so that we can ensure we are following both the letter and the spirit of the law and conducting business with honesty and integrity. We expect everyone with whom we conduct business to honor the principles outlined in the Code.

Learn more about the Code of Business Conduct and Ethics