SOURCE: Cutting Edge Information

March 25, 2008 09:27 ET

New Study Analyzes Pharma Companies' Compliance Management Structures, Resources and Strategies

RESEARCH TRIANGLE PARK, NC--(Marketwire - March 25, 2008) - Pharmaceutical business intelligence leader Cutting Edge Information announces the launch of its new benchmarking report, "Monitoring and Ensuring Pharmaceutical Compliance," available for immediate download at: http://www.cuttingedgeinfo.com/pharmacompliancemanagement/PH113_Download.asp#body

The report explores the current state of the compliance environment. It examines pharmaceutical companies' compliance groups' structures, investments and strategies. Compiled from surveys and interviews with compliance executives at leading companies, the report enables companies to improve their compliance strategies and practices.

The 104-page report makes its case with 300+ metrics and numerous insights and industry best practices for managing these three aspects of the regulatory 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.
    

"Compliance groups' responsibilities are increasing as a consequence of the new pharmaceutical environment," says David Richardson, senior research analyst for Cutting Edge Information. "These teams must be able to balance a range of priorities and respond to challenges proactively."

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
--  Training time allotted to each function
--  Benefits of documentation
--  Impact of regulations on companies' practices
    

To download a free, online summary of this report, visit http://www.cuttingedgeinfo.com/pharmacompliancemanagement/PH113_Download.asp#body.

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