admin @ # 2 Comments
Some pharmaceutical companies treat their drug safety surveillance activities as an exercise in compliance rather than as an integral part in ensuring the well-being of the patients taking their products. Pharmacovigilance can seem like a burden and a chore rather than a necessary part in running a pharmaceutical company. Yet the benefits of an effective [...]
admin @ # 6 Comments
1.) SAVING MONEY
It costs money to recruit staff and keep them permanently. It costs a LOT of money to set up a pharmacovigilance system. For example a full working drug safety database on its own can cost in excess of £200,000 before the staff to run it are even notified of vacancies.
2.) PROVIDING FLEXIBILITY
A lot [...]
admin @ # One Comment
When people mention outsourcing the implication is often that the work is being outsourced overseas where labour is cheaper, but that quality of work may be lower too. For many companies the cost factors are the prime driving force but in pharmacovigilance where the suspension of a drug can cost a pharmaceutical company billions, quality [...]