Code of Business Conduct

VII. Protection of Employees and Resources

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Principle 10: Protection of Abbott's Assets

We will protect Abbott's assets, and promote their efficient and legitimate business use.

We must safeguard Abbott’s assets against loss, damage, carelessness, waste, misuse and theft.

Abbott’s assets, such as intellectual property, electronic media, work time, equipment, funds, products and services, are intended for legitimate business use.

We must use Abbott’s assets efficiently and for legitimate business purposes, never for illegal or unethical purposes.

Principle 11: Protection of Abbott's Confidential Information

We will protect Abbott's confidential information.

The disclosure of confidential information regarding Abbott’s business, financial, legal, regulatory or scientific operations, whether intentional or accidental, can adversely affect the financial stability and competitive position of Abbott and the job security of its employees.

Because of this risk of harm to Abbott and its employees, we must not, during the term of our employment by or affiliation with Abbott or thereafter, disclose to third parties any confidential information obtained during the course of employment or affiliation except pursuant to a confidential disclosure agreement or confidentiality provision drafted or approved by the Legal Division, unless such disclosure is legally mandated as determined by the Legal Division.

“Confidential Information” means all non–public information in Abbott’s possession, whether through internal or external development, that might be of use to competitors, or harmful to the financial stability or competitive position of Abbott if disclosed, including but not limited to:

  • Discoveries, inventions, improvements and innovations, whether or not patentable or copyrightable
  • Methods, processes and techniques, including manufacturing process information
  • Shop practices
  • Formulae, compounds and compositions
  • Organisms
  • Biological materials
  • Computer software
  • Equipment
  • Research, clinical and pharmacological data
  • Regulatory filings and approval dates
  • Marketing and sales information
  • Personnel data
  • Customer lists
  • Financial, pricing and accounting data
  • Supplier data (names of suppliers, pricing, sources of supply, anticipated requirements)
  • Results of regulatory inspections/ audits
  • Business plans, and updates to business plans
  • Potential acquisitions, licenses or other business deals
  • Potential divestitures
  • Potential equity interests
  • All other know–how and trade secrets

Principle 12: Employee Health and Safety

We will protect the health and safety of Abbott employees.

Abbott is committed to protecting the health and safety of its employees. We will act promptly to address any unhealthy or unsafe condition. This includes taking steps to protect the physical safety and security of Abbott employees.

To meet this goal, each employee has responsibilities. We need to follow health and safety requirements. But beyond that, each of us must observe established safe work practices to ensure our own safety and that of our co–workers. This includes reporting to work free from the influence of drugs or alcohol that could impair one’s ability to work safely and conscientiously.

If you are involved in, or know of, an accident or dangerous situation, it is your duty to report it to management promptly and, when appropriate, take corrective action.

Principle 13: Electronic Media Usage

We will use Abbott's electronic media for legitimate business purposes.

Abbott provides access to and use of electronic mail, voicemail, the intranet, the Internet, and other electronic media for business purposes. We do this to make it easier for Abbott employees to communicate with each other and with appropriate outside parties – including contractors, suppliers, customers, government agencies and academic institutions.

We must not use Abbott’s electronic media for any purposes that violate applicable laws, rules and regulations or Abbott standards, policies or procedures. This includes transmission of threatening, obscene or harassing materials.

Incidental personal use of electronic media that does not interfere with Abbott’s business or an employee’s performance of his or her responsibilities is acceptable, as long as such use does not include illegal, unethical or otherwise offensive subject matter.

Except as otherwise provided by applicable law, no officer or employee has any right to privacy regarding use of or access to any electronic media provided by or through Abbott. Abbott may monitor or access officer or employee use of its electronic media at any time in accordance with applicable law.