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Compliance & Ethics for Life Science Companies

Baker Tilly's life sciences practices provides comprehensive solutions to solve your organization's most pressing global compliance and ethics needs.

Compliance & Ethics for Life Science Companies

Baker Tilly provides a comprehensive set of compliance and ethics solutions that informs and addresses the inherent risks across the life sciences industry and is experienced across multiple functional areas within your organization. Our team of life sciences industry Value Architects™ provide high quality solutions that address your organization’s existing needs while also guiding you through areas of uncertainty, doubt and risk so that you can make more informed decisions that will help your company maximize its value today, while enhancing and growing your business for tomorrow.

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    Feb. 16, 2022

    Life sciences industry forecast for 2022 and beyond

    To help leaders in the life sciences industry prepare for 2022 and beyond, Baker Tilly is hosting our inaugural industry forecast event to look at what lies ahead as companies consider their strategic plans.

    Pharmaceutical, biotech, medical device, diagnostics and other life sciences organizations operate under intense public scrutiny in their pursuit of developing lifesaving healthcare products. Continual increases in regulatory and legal requirements that vary by jurisdiction can also significantly disrupt almost every corner of your business while executing critical research and development (R&D) and other clinical tasks. The price of non-compliance can be extreme from a financial perspective, and can cause a loss in reputational costs as well. With continual disruption and uncertainty in the marketplace, even the best leaders can struggle to make informed decisions and provide direction to their organization.

    At Baker Tilly, our team of compliance and ethics professionals take a proactive approach that allows companies to gain knowledge about their current state of compliance and how they stack up against what is coming in the future. This is essential for an industry that tends to be reactive, often struggles with proactive mitigation strategies and, every so often, plays catch up to address non-compliant actions that occurred many years prior. We also understand that the most effective way to adopt a “culture of compliance” is to have compliance and ethics ingrained in the daily tasks of the business. For this reason, we provide guidance on how compliance can proactively work with your business and be viewed as a partner, rather than an overseer.