Life Sciences

Life Sciences Third-Party Risk Management Consulting Services | Pharmaceutical, Medical device and Biotechnology

The pharmaceutical, medical device and biotechnology (i.e., life sciences) industry relies on a highly complex, global network of suppliers, vendors, and other related third-parties for ensuring secure and timely delivery to market for any number of products and services. From building comprehensive third-party risk management platforms for life sciences organizations to helping your downstream vendors comply with growing third-party best practices, Centris is a recognized leader in all things related to third-party risk management.

With Centris our Design & Deploy TPRM solutions help organizations build comprehensive third party risk management programs for the financial, life sciences, healthcare, energy, critical infrastructure, manufacturing, retail, technology, and legal sectors.

Industry Leading Life Sciences Third-Party Risk Management Services for Global Businesses

In nearly every phase of business - from sourcing raw materials to online marketing for finished products and goods - the likes of big pharma, medical devices companies and other organizations in the broader life sciences industry are relying heavily on literally thousands of external third-parties all around the globe. With Centris, we offer a wide-range of third-party risk management solutions to both the organizations that rely on third-parties for critical supply chain services, and to the actual third-parties themselves who need to adhere to growing vendor compliance mandates.

How Centris Can Help with Life Sciences Third-Party Risk Management

Design & Deploy: Due to the need – and overall sensitivity of products being developed and the types of data sets being used – third-party risk management in an incredibly important measure in the broader life sciences industry. Depending on your needs – a life sciences company that needs to build a third-party risk management program, or a supplier that needs to comply with such requirements – Centris’ “Design & Deploy” services will get you up to speed in no time.

CENTRIS

Leaders in Security & Regulatory Compliance

Risk Strategies & Methodologies

Risk management planning reduces exposure to a wide-range of issues that could have detrimental effects on a business. Not knowing, planning, or responding to risks and related issues can leave an organization with few options in combating risks when they actually surface.

CENTRIS Advisory Methods

Strategic Planning & Integration

Every organization is moving towards a digitized business model, so isn’t it time to strategize on some of the most critically important elements for your business?

Explore CENTRIS Strategies

Regulatory Compliance Experts

Build scalable, adaptable, and efficient compliance solutions for increased organizational efficiency, while also improving core InfoSec, cybersecurity, operational and data privacy controls and best practices.

Regulatory Compliance For All Industries

Risk Management for Life Sciences

We have years of experience building comprehensive, transparent, and highly scalable third-party vendor management programs for the broader life sciences industry all throughout the globe. Additionally, we can help suppliers, partners, vendors – essentially, any entity – in complying with many of today’s leading third-party vendor reporting mandates from the likes of big pharma.

“Design & Deploy” – Industry Leading Third-Party Risk Management Process

Core concepts included within Centris’ Design & Deploy methodology for third-party risk management include the following phases:

Framework Considerations
Scoping Considerations
Identification & Classification
Risk Assignment
Due-Diligence & On-Boarding
Continuous Monitoring
Follow-Up/Reporting and Corrective-Action
Off-Boarding
Training

How Centris Can Help with Life Sciences Third-Party Risk Management

We can design & deploy a rock-solid TPRM program for your organization.
We’re experts at developing all required TPRM documentation (i.e., policies, etc.).
We can integrate our services with any number of TPRM software solutions.
We can help monitor your security controls.

"...the third-party network continues to expand to include a number of fourth and fifth or “nth” parties...organizations anticipate an increase in the number of fourth and fifth parties in their third-party networks…"
- Gartner