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The pharmaceutical and life sciences industries face unprecedented compliance challenges, and the close regulatory scrutiny of the industry is likely to only increase. Globalisation, information protection requirements, business partnerships, heightened transparency expectations, external reporting obligations, and other drivers are forcing companies to re-examine their enterprise approach to information technology (IT) governance, risk, and compliance (GRC).
This report highlights companies that embrace a proactive and risk-based technology governance, risk and compliance approach. And demonstrates how this approach helps those companies to gain a competitive advantage. Results are based on a survey conducted in 2008 with 17 participating pharmaceutical and life sciences companies.