Indian multinationals in the pharmaceutical sector need to operate a tighter compliance ship than before

The Indian pharmaceutical industry is currently undergoing many unprecedented changes. These range from emerging areas of science, new and improved drug variants and specialized services to evolving regulations and business models, making it one of the world’s most developed industries. Today, the sector ranks third in terms of volume and 13th in terms of value. … More Indian multinationals in the pharmaceutical sector need to operate a tighter compliance ship than before

Profitability or integrity? Why not both?

Growth and profitability have been at the crux of the corporate agenda and defined the way businesses function. Companies have nevertheless encountered challenges while trying to achieve these goals, which have inevitably required them to sometimes ‘work around the way of the land’. For instance, it is a common concern that in certain regions or … More Profitability or integrity? Why not both?

India catching up on international trends on compliance

India has seen a spurt of corporate scams and cases of corporate espionage. This has resulted in an urgent need for a strong corporate compliance function. Bribery and corruption continue to pose significant challenges in India. The 2014 Transparency International Corruption Perceptions and Bribe Payers Indices (2011) rank India 85th (out of 174) and 19th (out … More India catching up on international trends on compliance

Weathering the trials of quality and data integrity compliance in the Indian pharmaceutical sector

The Indian pharmaceutical sector has seen immense flux in recent times in the form of stricter regulations, price control, contract manufacturing, mergers and acquisitions and foreign investments among others. Regulators around the globe, such as United States Food and Drug Administration (US FDA), the United Kingdom Medicines and Healthcare Products Regulatory Agency (UK MHRA), World … More Weathering the trials of quality and data integrity compliance in the Indian pharmaceutical sector