Regulatory compliance is a
vital requirement in several industries. Its importance in the life sciences is
all the more pronounced, given the importance of human lives, with which the
life sciences deal. Regulatory compliance is the act of being in accordance
with set standards and specifications of the products or services that come
from an industry. Regulatory guidelines and requirements are set out by
regulatory bodies in respective industries. These regulations are arrived at
after painstaking research.
Guidelines in the life sciences industries
are given to ensure that products meant for human consumption meet quality and
process standards. Regulatory bodies such as the FDA and the European Medicines
Agency (EMA) frame rules and guidelines for adherence by every player and
stakeholder in the production and distribution chain. Being in compliance with
these regulatory compliance requirements is of core concern, because not being
in compliance has the potential to cause serious issues, sometimes leading all
the way to even human deaths.
Reasons
for ensuring compliance
Because of the importance of regulatory
compliance standards for the life sciences
industry and the stringency attached to the requirements; organizations in
the life sciences industry cannot take chances with their regulatory
requirements set out by the regulatory authorities. They need to ensure that
there is total regulatory compliance with all the requirements, small or big.
This is for these important reasons:
o
Meeting regulatory compliance rules and
guidelines ensures that the products and services are up to required and
prescribed standards and quality;
o
Being in compliance with regulatory
requirements helps the organization to gain credibility in the market;
o
When regulatory requirements are met; the
chances of causing inadvertent errors that could lead to serious repercussions
are drastically reduced. This is the primary aim of regulatory compliance
requirements;
o
When life sciences organizations are in a
state of complete regulatory compliance; the chances of their attracting
penalties and other negative actions from the regulatory authorities are
virtually zero;
o
When a noncompliant organization attracts
punitive actions from regulatory bodies such as the FDA; its reputation goes
for a toss. This has an extremely heavy bearing on its business, with the
expected Return on Investment (ROI) going haywire and resulting often in
irreparable loss to their revenue and their reputation.
Given the importance of being in regulatory
compliance; organizations cannot afford to attempt the whole process of being
in regulatory compliance by following a hit and miss or trial and error method.
These regulatory requirements are stringent only in terms of the end result of
the product; there are requirements that need to be followed at every step of
the way.
This process is thus extremely rigorous.
Since most organizations don’t like to get dragged into the legal tangle due to
lack of compliance; they prefer to remain safe rather than feel sorry and face
negative consequences. This is where the role of Regulatory and Compliance
Training comes in.
The
importance of Regulatory and Compliance Training
As we have just seen; ensuring complete
adherence to regulatory requirements is something of serious concern for
organizations in the life sciences industry. Organizations in industries such
as medical
devices, pharmaceuticals, biologicals, biotechnology and many other related
fields simply cannot afford to attract penal actions from the regulatory
authorities.
Being in regulatory compliance is not
something that organizations try many times before finally succeeding. They
have to get the regulatory compliance right the first time and ever after. It
is to ensure this absolutely critical, sine
qua non requirement right and ensure proper conduct of their business that Regulatory and Compliance
Training is necessary.
What
does Regulatory and Compliance Training do?
Simple –it makes sure that organizations in
the life sciences industry meet regulatory requirements. This, as we have seen,
is the quintessential requirement for everything relating to the business.
Taking Regulatory and Compliance Training from a reputable provider of
Regulatory and Compliance Trainings is a very practical step for organizations
in the life sciences industry.
The major issues that most organizations in
the life sciences industry that look for Regulatory and Compliance Training
need to take into consideration are:
o
The scope of the training
o
The reputation of the Regulatory and
Compliance Training provider
o
The extents to which it can help them achieve
their regulatory goals.
What
to look for in Regulatory and Compliance Training?
Given the criticality of meeting regulatory
compliance requirements; organizations have to look for Regulatory and
Compliance Training that helps them achieve these. A Regulatory and Compliance
Training provider must have had a good reputation for solving problems relating
to the regulatory aspects of its clients. And most importantly, it must have
the right experts that help them do this.
NetZealous LLC, a Fremont, CA-based Regulatory and Compliance
Training provider, is the ideal candidate for helping organizations meet
their regulatory requirement to stay clear of the hassles associated with
noncompliance. As a highly reputable name in the global Regulatory and
Compliance Training arena; NetZealous LLC has been in the vanguard of providing
Regulatory and Compliance Trainings on every aspect of regulation.
NetZealous LLC offers Regulatory and
Compliance Trainings through its flagship brand, GlobalCompliancePanel.
GlobalCompliancePanel is the portal through which NetZealous LLC has offered
professional Regulatory and Compliance Trainings to thousands of regulatory
professionals. GlobalCompliancePanel has established a name for itself for the
quality of trainings it offers, for the choice of the right expert to help do
this, and for the depth and range of topics on which it offers Regulatory and
Compliance Trainings.
Flexible
and easy modes
of trainings
NetZealous LLC offers Regulatory and
Compliance Training through GlobalCompliancePanel in a number of mediums. These
include:
Webinars:
Short term online seminars that seek to clarify on topics of interest or
concern to regulatory professional, such as regulatory updates among many
others
Seminars:
In person, live learning sessions at which the Expert offers Regulatory and
Compliance Training for organizations and individuals that are in need of these
trainings
In-house
trainings: With this mode of Regulatory and Compliance
Training; GlobalCompliancePanel’s experts offer advice and guidelines to
clients that are in need of trainings for a large number of its employees
In-house
consulting: Another of GlobalCompliancePanel’s modes
of trainings; in-house consulting is done when the organization has a
particularly focused pain area relating to regulatory compliance. The expert
gets a thorough understanding of the issues and addresses this to the client.
The
experts
Organizations that have benefited from
NetZealous LLC’s Regulatory and Compliance Trainings have received Regulatory
and Compliance Training from some of the giants of the life sciences industry. These
experts bring a combined experience of several decades, from which regulatory
professionals benefit immensely.
NetZealous LLC chooses its experts after
making a thorough and meticulous search of experts from around the world. These
experts are people who are known globally for the depth of understanding they
have of their respective areas of regulatory compliance.
NetZealous
LLC’s clients
With the kind of trainings NetZealous LLC
offers, and given the reputation of its experts, it is no surprise that NetZealous
LLC has as its clients some very well-known organizations in the life sciences
industry. A small sample of this list of clients is
illustrative of the reputation that NetZealous LLC has earned for the
Regulatory and Compliance Training if offers: Abbott, Alkem Laboratories Ltd, Alcatel-Lucent, American Express,
AstraZeneca, Bayer, Baxter ,
Boehringer Ingelheim, Bristol-Myers Squibb , Cipla,
Dr. Reddy's Laboratories Ltd, Ernst & Young, GlaxoSmithKline, Hospira, Johnson and Johnson, Medtronic,
Merck, Novartis, Panacea Biotec Ltd, Pfizer, Piramal, Roche , Sanofi,
Serum Institute, Sun Pharmaceutical Industries Ltd., USV, and many more.