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February 20, 2014
Managing risks is front and center for life sciences companies (2 of 6)
By: Anne O'Riordan

According to our recent Global Risk Management Study, life sciences companies see legal and market risks as the most likely to rise over the next two years. So, what are they doing to manage these emerging risks?

Increasingly, life sciences companies are integrating risk management into decision-making processes, including in:

  • Strategic planning
  • Budgeting and forecasting
  • Financing
  • Performance management
  • New product development.

Are causing firms to integrate risk management into decision making

But, are their efforts paying off? Next week, I’ll look at just how effective life sciences companies have been in managing risk.

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