Stay informed with expert insights, trends, and best practices in life sciences compliance.
The life science industry is dynamically changing even as we speak. With the inception of new technologies such as artificial intelligence, nanotech, wearables, robotics, and more, new opportunities are being discovered that are making HCPs and HCOs rethink conventional healthcare practices and processes. Although, it was always evident that technology would catch up to the […]
Data is the driving force behind strategic decision-making and various other aspects of the business world. Therefore, recording, maintaining, and evaluating data has become imperative for HCOs as it strengthens internal processes and operations, ensures smooth workflows, and achieves viability. Measuring all sorts of medical facilities being provided to patients and HCPs, tracking spending, and […]
Transparency reporting stands at the forefront of innovation in the life science sector. The evolving compliance requirements demand advanced technology in the form of software or a platform to help compliance teams to meet compliance requirements. What is generally being derived in transparency reporting is considered data or information, and the only objective of countless […]
Data is impacting the modern business landscape from every direction today, and life-science companies are not an exception to the impact. This perspective-changing drift in various industry verticals is paving the way for businesses by revolutionizing how they perform their day-to-day operations. By leveraging data today, businesses achieve a strategic edge over their competitors, especially […]
Annual transparency reports or aggregate spending reporting have become an integral part of life science organizations. But where the submission of such reports is imperative, it can be challenging to sort tangled data, let alone validate it or structure it. Still, countless life science companies have managed to make their aggregate spend data publicly available. […]
The biggest change to the PhRMA Code is a change that has now been added to Section 2, which is the section on informational programs with meals that reps have in the regular course of their day-to-day activities. The revised Code adds the following language to Section 2: “Incidental meals can be provided only where […]