Regulatory compliance and information security has become critical in every facet of the pharmaceutical industry. The widespread use information technology and network applications make pharmaceutical companies susceptible to cyber crime. This entails losing critical business information such as proprietary research and development data.
The rising costs associated with pharmaceutical research and development, combined with pricing constraints, generic competition, regulatory mandates, and the growing technological sophistication of hackers present tremendous challenges going forward.
Some of the challenges facing the pharmaceutical industry include:
Wilson Consulting Group (WCG) is positioned to assist organizations within this industry by:
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