GlaxoSmithKline Tops 2007 Most Ethical Pharmas List

by H.S. Ayoub, DMD
BioHealth Investor




Geneva-based Covalence is publishing today its third annual ethical reputation ranking, giving the best ranked companies as well as those companies which have made the most progress in 2007.

Below are those companies with the best ethical scores in the Pharmaceutical and Biotechnology sector.

Best EthicalQuote Score and Best EthicalQuote Progress are given by confronting positive and negative news. Best Reported Performance is calculated by quantifying positive news only – it shows how companies report on their ethical performance without considering criticisms and demands. Some companies being highly targeted by activists have a low EthicalQuote Score while at the same time ranking high in terms of Reported Performance. We can assume that “ethical demands” (negative news i.e. stakeholder issues, campaigns, expectations) stimulate “ethical offers” (positive news i.e. initiatives, reporting, communication by companies).

You can view and download the full report here (includes all sectors).


Best EthicalQuote Score
1.GlaxoSmithKline
2.Johnson & Johnson
3.Bristol Myers Squibb
4.Abbott
5.Novartis
6.Roche
7.Boehringer Ingelheim
8.Astra Zeneca
9.Pfizer
10.Sanofi aventis



Best EthicalQuote Progress
1.GlaxoSmithKline
2.Abbott
3.Johnson & Johnson
4.Sanofi aventis
5.Boehringer Ingelheim
6.Schering Plough
7.Takeda
8.Astra Zeneca
9.Bristol Myers Squibb
10.Amgen



Best Reported Performance
1.GlaxoSmithKline
2.Abbott
3.Novartis
4.Wyeth
5.Merck & Co Inc
6.Pfizer
7.Johnson & Johnson
8.Eli Lilly
9.Sanofi aventis
10.Astra Zeneca





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