RESEARCH TRIANGLE PARK, NC -- (MARKET WIRE) -- 04/08/08 -- Compliance departments atpharmaceutical companies are taking a proactive approach to trainingemployees company-wide to ensure that they meet industry regulations andguidelines, a new report by Cutting Edge Information finds. The study,"Monitoring and Ensuring Pharmaceutical Compliance," reveals that 81% ofpharmaceutical compliance groups conduct training for other departmentswithin the company.As compliance departments have become more integral to their organizations,their growing influence has translated into compliance training for variousdepartments. Departments to which compliance groups provide traininginclude medical affairs, marketing, business development, sales, legal andregulatory and many others.
"Compliance groups' responsibilities are increasing as a result of thedemanding pharmaceutical environment," says David Richardson, seniorresearch analyst for Cutting Edge Information. "When compliance empowersother departments with the ability to monitor themselves, they can reallyhelp facilitate the process of regulation adherence."
The report explores the current state of the compliance environment. Itexamines compliance groups' structures, investments and strategies.Compiled from surveys and interviews with compliance executives at leadingcompanies, the report enables companies to improve their compliancestrategies and practices.
The 104-page report makes its case with 300+ metrics and numerous insightsand industry best practices for managing these three aspects of theregulatory landscape:
-- Structure, Headcounts and Investment - Provides up-to-date structuring strategies, headcounts and investments of top compliance groups-- Monitoring and Ensuring Compliance - Details companies' strategies regarding monitoring, training, testing, documentation, firewalls, and much more-- Activities and Challenges - Examines the focus and reach of top compliance functions as well as the impact and reactions companies have made to recent regulations. Survey respondents also rate the challenges facing compliance efforts forward.
Key metrics and topic areas in the new pharmaceutical report include:
-- Compliance structures-- Compliance training and testing methods-- Firewalls-- Corporate Integrity Agreements-- Standard Operating Procedures-- Risk Assessment-- Audits-- Live monitoring-- Functions trained by compliance departments-- Benefits of documentation-- Impact of regulations on companies' practices
To download a free, online summary of this report, visithttp://www.cuttingedgeinfo.com/pharmacompliancemanagement/PH113_Download.asp#body.
CONTACT INFORMATION:
David Richardson
Email Contact
919-433-0216
