CORPORATE RESPONSIBILITY

WE BELIEVE OUR STRATEGY NOT ONLY ALIGNS WITH THE BEST INTERESTS OF OUR STAKEHOLDERS, BUT BENEFITS SOCIETY AND THE BIOPHARMA INNOVATION ECOSYSTEM AT LARGE.

HealthCare Royalty (“HCRx”) pursues a responsible, transparent investment strategy that has driven long-term value and strong returns for our investors. This investment strategy consists of purchasing royalties and providing debt capital to biopharmaceutical companies through out the world. HCRx’s investments typically help these companies develop and/or bring to market, important pharmaceutical products that treat unmet medical needs.

Environmental, Social, and Governance (ESG) factors are identified and considered as part of our formal decision-making processes. While we generally do not take control positions in companies, we seek to understand the ESG principles of our counterparties and product marketers, including their overall impact on society. We are proud of our role in advancing healthcare innovation and acknowledge the broader responsibility we have as corporate citizens.

ENVIRONMENTAL

HCRx primarily operates from its headquarters in Stamford, CT. The firm upholds many sustainability practices in the office to ensure that we are minimizing our environmental impact. These include:

  • Encouraging employees to recycle and to minimize waste
  • Providing incentives for the utilization of public transportation to commute to the office
  • Regulating electricity and heating use
  • Utilizing Zoom and Microsoft Teams to engage counterparties where possible, minimizing transport
  • Reviewing the sustainability practices of marketers

SOCIAL

At HealthCare Royalty, our commitment to fostering a thriving and socially conscious workforce is exemplified by a multifaceted approach to talent development. Highlights of HealthCare Royalty’s workforce policies include:

  • Mentorship and training programs for talent development
  • Education stipend for all employees to enhance knowledge
  • Robust performance appraisal system to evaluate and recognize employee growth
  • Active promotion of diversity and inclusivity, providing opportunities for individuals from varied backgrounds
  • Contributions to charities whose goals align with our own
  • Emphasis on work-life balance for a harmonious professional and personal life
  • Annual company retreat fostering collaboration, idea exchange, and team building

GOVERNANCE

HealthCare Royalty is the trusted partner of emerging biopharmaceutical companies and investors around the world. Ensuring responsibility and integrity in this domain is not only crucial for the ongoing success of our business but also plays a pivotal role in cultivating enduring trust with investors, royalty partners, and regulators. Features of our governance policies include:

  • Internal committees that set the strategic direction of the firm and ensure robust investment and monitoring processes
  • A Board of Directors, which includes independent as well as investor and management members, for our primary investment vehicle, HCRx Holdings, L.P.
  • Robust compliance and training programs
  • Documented policies and procedures, all of which require quarterly attestations by employees
  • Comprehensive and advanced cybersecurity infrastructure and protocols