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Due Diligence in the
Life Science Industry
By Alma Mich or, PhD, RAC38July 2009Due diligence is the act of reviewing
information to ascertain the value of data
presented by checking for compliance
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What is life science industry?
The life science industry is comprised of companies that are involved in researching, developing, manufacturing, and commercializing products and services related to healthcare, pharmaceuticals, biotechnology, and medical devices.
Who is required to file life science industry?
Companies within the life science industry are required to file reports to regulatory authorities such as the FDA or EMA.
How to fill out life science industry?
To fill out reports for the life science industry, companies must compile and submit data on their products, research findings, clinical trials, and any adverse events.
What is the purpose of life science industry?
The purpose of the life science industry is to advance the field of healthcare by developing new treatments, medications, and technologies to improve patient outcomes and quality of life.
What information must be reported on life science industry?
Information that must be reported on the life science industry includes product efficacy, safety data, manufacturing practices, clinical trial results, and adverse event reports.
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