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  Corporate responsibility

Since its foundation nearly 50 years ago, Hovione has maintained a sound ethical conduct in pursuit of its business and success and is committed to acting responsibly with respect to social, safety and environmental concerns. Our activity in the field of fine chemicals and the fact that our products save or improve the lives of millions of people around the world makes it that much more important that we operate to the highest standards.

Hovione believes that the respect for ethical values is the basic principle for the healthy growth of the Company, permeating and guiding our business conduct and human relations. The Hovione Code of Ethics, written and approved in 2004, describes the values and principles that have governed the Company's activity and have been transmitted down for almost five decades.

Corporate responsibility defines the way we do business. Transparency is a key factor in the development of our activity, from the way we openly communicate with Customers, to making public our environmental performance as well as all matters relating to the community, safety, health and the environment. Our 2004/05 Corporate Responsibility Report, demonstrates our concern with social, safety and environmental issues as well as our commitment to making our performance data more widely accessible.

Hovione is, since 1995, a voluntary signatory of the Responsible Care® program and a member of the "International Chamber of Commerce Charter for Sustainable Development and of Responsible Care", committing ourselves to a responsible conduct and to the continuous improvement of all aspect of health, safety and environment. A new safety program was implemented at Hovione in 2004 and ISO14001 certification is planned for March 2006.

With regards to social programs, Hovione has well defined criteria which guide our donations and social projects. Based on a budget approved annually, we support primarily our local community, giving priority to education, youth and environmental needs. Furthermore, it is with pleasure and diligence that Hovione organizes and opens its facilities to the public on Open Days, to explain its activity and industrial procedures. Throughout the year, Hovione also receives numerous study visits from secondary schools and universities.

We invite you to visit our Corporate Responsibility section and welcome your comments and suggestions.
   
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