Conflicts of Interest
Conflicts of interest happen when personal interests conflict with or appear to conflict with what might be best for Insmed. Whether the conflict or potential conflict involves a financial interest, a personal relationship, or an outside activity, we must disclose it immediately.
Sometimes conflicts of interest are obvious, while others are less clear. We have policies, processes, trainings, and other resources available to help employees understand whether a relationship, interest, or activity is appropriate, and when to disclose a potential conflict.
How we do it
- We train employees to recognize a conflict of interest and disclose it in accordance with our policies as soon as it arises.
- We do not engage in interests, activities, or relationships that could compromise our ability to make the best and most objective decision for Insmed.
- We never take personal advantage of opportunities that we learn about through the course of our work for Insmed.
Did you know?
Employees are required to disclose actual or potential conflicts immediately through Workday and to update existing Workday disclosures if the details of the conflict change.
While it is impossible to list all the different types of conflicts of interest, here are some examples that may arise:
- Influencing the procurement of a product or service from a vendor in which you have a financial interest
- Acting as an employee, consultant, officer, or director of a supplier, competitor, or customer of Insmed
- Competing with Insmed in any way, whether it’s for the purchase of property or the development of a product
- Acting on behalf of Insmed if a family member or close friend is on the other side of the transaction
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