Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) today released its
2023 Corporate Responsibility Report, which showcases the company’s
efforts to transform the lives of individuals and families impacted
by rare and ultrarare diseases, empower its employees, and make a
meaningful impact on the communities it partners with.
“In rare disease, corporate responsibility means pushing for
progress and change to support drug development and access for the
people and families waiting for proper care,” said Emil Kakkis,
M.D., Ph.D., president and chief executive officer of Ultragenyx.
“Our 2023 Corporate Responsibility Report highlights the commitment
and drive of our team to do the right thing for people living with
rare disease while advancing our efforts to contribute meaningfully
to the communities where we work and live.”
The company’s Corporate Responsibility program is structured
around six key pillars – Innovation, Patients, People,
Communities, Planet and Governance – aligned with its
vision to lead the future of rare disease medicine and its mission
to transform the lives of people with rare disease. The 2023
Ultragenyx Corporate Responsibility Report features updates for all
six pillars, as well as Sustainability Accounting Standards Board
(SASB) and Global Reporting Initiative (GRI) indices. For the full
report and more on Ultragenyx’s Corporate Responsibility efforts,
visit
https://www.ultragenyx.com/ultra-committed/corporate-responsibility/.
Highlights from Ultragenyx’s 2023 report include:
Innovation:
We are committed to delivering novel, disease-modifying
treatments with speed and urgency to rare disease communities with
limited or no treatment options.
- Opened a state-of-the-art Gene Therapy Manufacturing Facility
(GTMF) in Bedford, Massachusetts
- Advanced six key clinical programs to treat rare and ultrarare
diseases, including osteogenesis imperfecta (OI), Angelman
syndrome, Wilson disease, Sanfilippo syndrome type A (MPS IIIA),
glycogen storage disease type Ia (GSDIa) and ornithine
transcarbamylase (OTC) deficiency
Patients:
Ultragenyx is committed to supporting the rare disease community
through our efforts to develop novel therapies, share our science
and expertise, achieve broad access to screening and treatment, and
partner with policymakers for meaningful change.
- More than 4,700 patients have received Ultragenyx treatments
through commercial or expanded access in more than 50 countries as
of December 2023
- Successfully advocated for the inclusion of more rare diseases
in newborn screening (NBS) programs across several U.S. states
People:
Ultragenyx is committed to working to maintain a diverse,
inclusive, safe and healthy environment. The company is also
committed to fair and equitable compensation practices that are
transparent and free from bias.
- More than half of our new U.S. hires self-reported as members
of diverse populations
- Successfully implemented an enhanced and bespoke framework for
evaluating and rewarding performance
Communities:
Ultragenyx is committed to supporting initiatives that provide
meaningful impact for the rare disease community; public health and
access to care; Science, Technology, Engineering, Arts and
Mathematics (STEAM) education; and local, at-risk communities.
- Approved more than $2.5 million in charitable donations,
independent medical education and health-related grants across 21
countries
- Launched inaugural Ultragenyx Days of Service in the U.S.,
Canada, EMEA (Europe, Middle East and Africa) and Latin America
regions, with employees completing more than 30 service projects
around the world
Planet:
Ultragenyx is committed to developing an environmental strategy
that minimizes its environmental footprint across its business.
- Purchased 100% renewable electricity for our corporate
headquarters campus in Novato, California
- Launched My Green Lab certification pilot program at our
Translational Sciences lab in Novato, California
Governance:
The foundation of Ultragenyx's purpose to lead the future of
rare disease medicine is built upon its commitments to strong
corporate governance, ethics and integrity, compliance, data
protection and security, and responsible procurement.
- ~90% of survey responders to the annual compliance culture
survey stated that the annual compliance training is adequate for
them to confidently execute their responsibilities
- Published a formal Global Human Rights policy
Ultragenyx Recognized with Several Awards in 2023 and
2024
Ultragenyx’s initiatives in corporate responsibility were
recognized in 2023 with S&P Global Ratings ranking the company
fifth in North America and eighth globally across the biotech
industry, and Sustainalytics assigning an improved Environmental,
Social and Governance (ESG) “Low Risk” rating.
Additionally, in 2023 Ultragenyx was named one of the Top Places
to Work by the Boston Globe for the second consecutive year and
received Cultural Excellence Awards from Top Workplaces for
Diversity, Equity & Inclusion Practices, Appreciation, Employee
Well-being and Professional Development. The company was also named
one of the Best Places for Working Families® and was listed among
the fast-growing companies in the Life Sciences industry on the
2023 Deloitte Technology Fast 500™, showcasing 250%
revenue growth over the last 3 years. For 2024, U.S. News &
World Report named Ultragenyx as one of the Healthcare’s Best
Companies to Work.
About Ultragenyx Pharmaceutical Inc.
Ultragenyx is a biopharmaceutical company committed to bringing
novel products to patients for the treatment of serious rare and
ultrarare genetic diseases. The company has built a diverse
portfolio of approved therapies and product candidates aimed at
addressing diseases with high unmet medical need and clear biology
for treatment, for which there are typically no approved therapies
treating the underlying disease.
The company is led by a management team experienced in the
development and commercialization of rare disease therapeutics.
Ultragenyx’s strategy is predicated upon time- and cost-efficient
drug development, with the goal of delivering safe and effective
therapies to patients with the utmost urgency.
For more information on Ultragenyx, please visit the company's
website at: www.ultragenyx.com.
Forward-Looking Statements and Use of Digital
Media
This press release and the 2023 Corporate Responsibility Report
and other materials cross-referenced in this press release contain
statements that are aspirational or reflective of our views about
the company’s future performance that constitute “forward looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are generally
identified through the inclusion of words such as “aim,”
“anticipate,” “aspire,” “believe,” commit,” “endeavor,” “estimate,”
“expect,” “goal,” “intend,” “may,” “plan,” “seek,” “strive,”
“target,” “will,” vision,” “mission,” “strategy,” “commitment” and
“work,” or similar statements or variations of such terms and other
similar expressions. The forward-looking statements in this
document and the materials cross-referenced concern Ultragenyx’s
goals, progress or expectations with respect to corporate
responsibility, sustainability, patients, products, product
candidates, employees, environmental matters, policy and business
risks and opportunities. Forward-looking statements inherently
involve risks and uncertainties that could cause actual results to
differ materially from those predicted in such statements. These
statements are based on numerous assumptions that the company
believes are reasonable but are open to a wide range of
uncertainties and business risks. In addition, these statements may
be based on standards for measuring progress that are still
developing, controls and processes that continue to evolve, and
assumptions that are subject to change in the future. Consequently,
actual results may vary materially from what is contained in a
forward-looking statement.
For a further description of the risks and uncertainties that
could cause actual results to differ from those expressed in these
forward-looking statements, as well as risks relating to the
business of Ultragenyx in general, see Ultragenyx’s Annual Report
on Form 10-K filed with the Securities and Exchange Commission
(SEC) on February 21, 2024, and its subsequent periodic reports
filed with the SEC. Forward-looking statements are aspirational and
are not guarantees or promises that goals or targets will be met.
Ultragenyx undertakes no obligation to update any forward-looking
or other statements, whether as a result of new information, future
events, or otherwise, and notwithstanding any historical practice
of doing so. Ultragenyx may determine to adjust any goals and
targets or establish new ones to reflect changes in its business.
The information included in, and any issues identified as material
for purposes of, the 2023 Corporate Responsibility Report may not
be considered material for SEC reporting purposes. In the context
of this report, the term “material” is distinct from, and should
not be confused with, such term as defined for SEC reporting
purposes.
In addition to its SEC filings, press releases and public
conference calls, Ultragenyx uses its investor relations website
and social media outlets to publish important information about the
company, including information that may be deemed material to
investors, and to comply with its disclosure obligations under
Regulation FD. Financial and other information about Ultragenyx is
routinely posted and is accessible on Ultragenyx’s Investor
Relations website (https://ir.ultragenyx.com/) and LinkedIn website
(https://www.linkedin.com/company/ultragenyx-pharmaceutical-inc-/).
ContactsUltragenyx Pharmaceutical Inc.
InvestorsJoshua
Higa+1-415-475-6370ir@ultragenyx.com
MediaCarolyn
Wang+1-415-225-5050media@ultragenyx.com
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