|TLC Earns Highest Ranks in Corporate Governance Evaluation for 5th Consecutive Year|
Evaluation indicators include the following categories: protecting shareholder rights and interests, treating shareholders equitably, enhancing board composition and operation, increasing information transparency, and putting corporate social responsibility into practice. These benchmarks were used to assess 868 TWSE- and 686 TPEx-listed companies; the two groups are then separately ranked and categorized into seven brackets of Top 5%, 6% to 20%, 21% to 35%, 36% to 50%, 51% to 65%, 66% to 80%, and 81% to 100%. To enhance corporate governance developments as to that of international trends, the
To promote outstanding performance, TWSE and TPEx will jointly hold a grand award ceremony to honor the companies ranked in the Top 5% of the corporate governance evaluation. The practice of recognizing outstanding companies encourages healthy competition and serves as a benchmark for other listed companies, thereby raising corporate governance standards. Results of this year’s Corporate Governance Evaluation can be found on the TPEx website or the TWSE website.
TLC (Nasdaq: TLC, TWO: 4152) is a clinical-stage specialty pharmaceutical company dedicated to the research and development of novel nanomedicines that maximize the potential of its proprietary lipid-assembled drug delivery platform (LipAD™). TLC believes that its deep experience with liposome science allows TLC to combine onset speed and benefit duration, and improve active drug concentrations while decreasing unwanted systemic exposures. TLC’s BioSeizer® technology is designed to enable local sustained release of therapeutic agents at the site of disease or injury; its NanoX™ active drug loading technology is designed to alter the systemic exposure of the drug, potentially reducing dosing frequency and enhancing distribution of liposome-encapsulated active agents to the desired site. These technologies are versatile in the choice of active pharmaceutical ingredients and scalable with respect to manufacturing. TLC has a diverse, wholly owned portfolio of therapeutics that target areas of unmet medical need in pain management, ophthalmology, and oncology. TLC is consistently ranked in the top 5% among all listed companies in Taiwan’s Corporate Governance Evaluation.