We are the nation’s most fluid independent risk management consulting firm. Let us be your objective guide to navigating risk. Whether your organization’s risk management function is focused on traditional patient or business risks or broader enterprise-wide risk management, let us carve out a path of least resistance. If a separate risk management department does not exist, we can develop an effective Risk Management program.
However, achieving a shared understanding of the application of risk management among diverse stakeholders can be difficult because each stakeholder might perceive different potential harms, place a different probability on each harm occurring and attribute different severities to each harm. In relation to pharmaceuticals, although there are a variety of stakeholders, including patients and medical practitioners as well as government and industry, the protection of the patient by managing the risk to quality should be considered of prime importance.
Although there are some examples of the use of quality risk management in the pharmaceutical industry today, they are limited and do not represent the full contributions that risk management has to offer. In addition, the importance of quality systems has been recognized in the pharmaceutical industry, and it is becoming evident that quality risk management is a valuable component of an effective quality system.
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