Protecting consumer health and ensuring profitability

Today’s pharmaceutical companies are challenged to provide the best medical innovations while reducing consumer class action suits, boosting consumer confidence, and protecting brand reputation.

In this most highly regulated industry, compliance risks complicate the entire product life cycle- from concept to clinical trials, manufacturing, and marketing- increasing the time and cost to market.  Pharmaceutical companies strive to proactively manage compliance pressures to protect themselves against significant financial penalties, product withdrawals, operational shutdowns, and damaged reputations. 

Additionally, pharmaceuticals tackle counterfeiters, gray markets, and patent trolls to protect corporate profit margins and R&D investments. 

In order to strengthen brand assets and consumer confidence, pharmaceutical companies are seeking to proactively manage all these risks across the enterprise.  Legal, compliance, and security concerns require a systematic risk management approach to protect consumer health and ensure profitability.

How TeamConnect Helps

Mitratech’s TeamConnect solutions allow pharmaceutical companies to strategically manage legal, compliance, and security concerns across the entire organization. Mitratech clients gain visibility into incidents of counterfeiting, manage informants securely, and collaborate with enforcement agencies on seizures, raids, and arrests.

TeamConnect allows internal departments to collaborate on a comprehensive risk management strategy with full visibility into:

Legal

• Product liability
• Mass Tort
• Intellectual property
  • Trademark, Patent, Licensing
• Environmental
• Regulatory
• Mergers & Acquisitions
• Contracts
• Tax
• Employment
• Advice & counsel

Compliance

• Food & Drug Administration (FDA) Regulations
• Corrective And Preventive Action (CAPA)
• Prescription Drug Marketing Act (PDMA)
• CFR Title 21
• Physician’s Labeling Rule (PLR)
• Occupational Safety & Health Administration (OSHA)
• Environmental Health & Safety (EH&S)
• Restriction of Hazardous Substances (RoHS)
• Environmental Protection Agency (EPA) regulations

Security

• IP Piracy & Theft
• Product Integrity & Counterfeiting
• Product Diversion
• Supply Chain Security
• Labor & Union Unrest
• Securing Overseas Facilities