ValiRx ValiRx ValiTherma ValiMedix
ValiRx Plc is a biopharmaceutical company developing novel technologies and products in oncology therapeutics and diagnostics. The product focus is in the epigenomic analysis and treatment of cancer, but the technologies can be applied to other fields as well, such as neurology and inflammatory diseases.
Corporate Governance
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The Board recognises the importance of sound corporate governance whilst taking into account the size and nature of the Company. As the Company grows, the intention of the Board is that the Company should develop policies and procedures which reflect the Principles of Good Governance and Code of Best Practice, as published by the Committee on Corporate Governance (commonly known as the "Combined Code") and which are appropriate for a company of its size. The Board will take such measures, as far as is practicable, to comply with the Combined Code. The Directors have established an audit committee and a remuneration committee, each comprised of non-executive directors.

Audit Committee It is intended that the audit committee will meet at least twice per annum and will be responsible for ensuring the integrity of the financial information reported to the shareholders and the systems of internal controls and will determine the terms of engagement of the Company's auditors. This committee provides an opportunity for reporting by the Company's auditors. Gerry Desler and George Morris are members of the Audit Committee.

Remuneration Committee The committee is made up of Nicholas Thorniley and Satu Vainikka. It is intended that the remuneration committee will meet at least twice per annum to determine and agree with the Board the framework or broad policy for the remuneration of any executive directors of the Company and such other members of any future executive management as it is designed to consider. The objective of this committee is to attract, retain and motivate executives capable of delivering the Company's objectives.

Information Technology Committee The committee’s function is to ensure that the Company maintains proper standards and compliance with best practice and the law with respect to Data protection and the integrity of the Company’s data and information. George Morris is a member of the IT Committee.

Environmental Committee Members of this committee are Gerry Desler and Kevin Alexander. Its function is to maintain the company’s compliance with environmental law, regulations and codes. In addition, it monitors the company’s operations so as to alert the Board and the Company to matters which may help reduce and minimize the company’s impact on the environment.