RESEARCH TRIANGLE PARK, NC--(Marketwire - July 24, 2008) - The level of leadership that
manages compliance efforts for pharmaceutical organizations varies from the
manager level up to Chief Compliance Officer, a new study by Cutting Edge
Information finds. The study, "Monitoring and Ensuring Pharmaceutical
Compliance," reveals that managers, directors, vice presidents, and chief
compliance officers may all be in charge of regulation adherence depending
on the organization.
Often times, companies will use a manager or director to head up the
compliance departments if there is no senior-level leadership that has the
capacity to take charge. 50% of companies have either a manager or
director sitting atop of compliance department structures.
"As compliance has become more important, the level of leadership
overseeing the compliance groups has risen," says David Richardson, senior
analyst for Cutting Edge Information and lead author of the study.
"Choosing the right individual to head up the practice is frequently more
important to organizations than job titles depending on the internal
structure of the company."
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.
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
-- Benefits of documentation
-- Impact of regulations on companies' practices
To download a free, online brochure of this report, visit
http://www.cuttingedgeinfo.com/pharmacompliancemanagement/PH113_Download.asp#body.
Contact Information: CONTACT INFORMATION:
David Richardson
919-433-0216