Pharmaceutical and Biopharmaceutical Outsourcing Asso

“Member entities may be domestic or foreign, corporations, firms or associations involved in Pharma and Biopharma contract manufacturing or development services. Members have no vote on any matters and there are no profits to be shared by the members.”

“Members may be domestic or foreign, corporations, firms or associations involved in contract manufacturing or development services in the pharma or biopharma industry. Members have no vote on any matter and there are no profits to be shared by members.”

“The organization's Form 990 is prepared by its outside accounting firm and reviewed internally by its president and treasurer. The Board of Trustees is advised that the Form 990 has been filed and that it is available upon request.”

“The organiztions's conflict of interest policy is intended to protect the association's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or trustee or members of their family or might result in a possible excess benefit transaction. It requires members to disclose any financial interest in entities with which the PBOA does business or is considering doing business, and establishes a mechanism by which the Board of Trustees can determine whether a conflict exists. Trustees are required to disclose the existence or possible existence of any conflict of interest to the Board, and the remaining Directors determine if a conflict is found to exist. If a conflict exists, the interested Director is barred from participating in a meeting or any related deliberations discussing or with respect to the matter giving rise to the conflict of interests, receiving any communications regarding such matter, and participating in or being present for a vote on such matter.Each board member must sign an annual acknowledgement with respect to compliance with this policy.”

“Compensation for the PBOA's sole employee was determined by a Compensation Committee formed by members of the Board of Trustees. The committee's proposal was discussed and voted on by the full Board, and presented to the employee. A review will be conducted annually of employee performance.”

“No other officers or key employees receive compensation.”

“The organiztion does not make its governing documents, conflict of interest policy or financial information available to the public.”