Navigating global pharmacovigilance (PV) trends and post marketing safety requirements present complex, multifaceted challenges due to diverse regulatory frameworks and varying levels of healthcare infrastructure across different regions. Several key challenges arise when trying to ensure compliance in pharmacovigilance on a global scale.
Various healthcare authorities in different countries may have differences in the requirements for PV activities, adverse event reporting systems & timelines, and data submission formats. Understanding and adhering to these unique regulations can be challenging for companies, particularly for those that operate in different markets or are looking to penetrate unfamiliar/new markets. Reporting of adverse events involves the submission of detailed and complex data to authorities who may have different requirements for content, format, and timelines that can hinder the standardization of reporting practices. Furthermore, different data protection laws and regulations exist across regions i.e., European Union’s General Data Protection Regulation (GDPR). Thus, it is important to balance the need for collecting and sharing sensitive patient information for PV and while respecting the intricate privacy laws. Another common challenge that companies face is ensuring that dedicated resources are available across all countries while meeting local requirements- as some countries may require local representation or support.
These are only some of the key challenges that pharmaceutical companies may face when navigating global PV regulations and post marketing safety requirements. Navigating these challenges requires a comprehensive understanding of global PV regulations and a robust compliance infrastructure. Therefore, partnering with the right consultants and experts who have experience with dynamic PV regulations is essential in order to establish standardized processes that maintain patient safety while meeting the unique requirements of each jurisdiction.
Our PV & drug safety team at DDReg has supported its customers in navigating complex PV regulations and post marketing safety requirements for regulated and emerging markets. Our network of local partners and physicians across the globe support post market safety surveillance that is in accordance with the most recent regulations. The team at DDReg provides regulatory consulting services to help understand and interpret diverse PV regulations, supports companies in conducting compliance audits to help identify gaps and discrepancies in their PV practices and systems, and real-time updates or insights into changing PV regulations. We combine our deep understanding of product portfolios and their requirements for post marketing safety to ensure compliance with healthcare authority regulations. Our experience of having worked in 120+ markets, including alongside stringent authorities, makes us the preferred partner for compliant solutions in global drug safety. Our product portfolio includes generics, biologics, biosimilars, medical devices, cosmetics, over-the-counters, dietary supplements and more.
Our team of experts has experience in handling product portfolio per country- wise regulations to support your organization with:
- Post marketing safety requirements
- Adverse event reporting systems
- In-depth comparative evaluation and analysis of country-wise PV requirements
