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Compliance for LifeSciences Edition Dec 2023 SOLUTIONPROVIDERS 2023 TOP COMPLIANCE FOR LIFESCIENCES Craig Hauben CEO NAVIGATING COMPLIANCE COMPLEXITIES: HOW MEDISPEND REVOLUTIONIZES COMPLIANCE SOLUTIONS FOR THE LIFE SCIENCES INDUSTRYGet a single view of risk across all blockchains and cryptoassets concurrently and at scale - even when funds swap between different assets or chains. Instantly improve the efficiency and effectiveness of your AML operations with automated real-time screening that detects more risks and demonstrates the highest levels of compliance. elliptic.co/holistic Next generation blockchain analytics. 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"Youcannotconnectallthedotsifyoucan'tseeallthedots" [SANS ICS Summit - June 2022] MakingInformed Decisions Doweunderstand context& dependencies?Nicholas Wilson Monica PhilipLeona George Sandy Philip Christopher MarkusAlex George James WilliamsAndrew Sebastian editor@grcoutlook.com Michael Robert Edward JohnDave Walker Sujay Kodoor Scott Morson Vishnu Santhosh Natasha Jacob At GRC Outlook Magazine, a team of industry veterans, editors, and cybersecurity specialists are on a constant quest to portray the best and the most innovative security solutions available in the industry so that you don’t’ have to take the trouble of finding the finest technology partner. In addition, our print and digital magazine provide CIO's and CISO's viewpoints on the latest security and compliance trends that are existing in the industry. Letters and Insights At GRC Outlook, we always look forward for your valuable feedbacks, comments and insights that could help us build better stories and enhance our reader’s experience. Please send your insights and comments to the editor to our office address or email. Advertising As a publisher, ads are the fuel that drive our customer’s growth. Let the world know your brand better with our customized advertising plans. Take advantage of our huge readership that includes CEOs, CTOs, and top-level business executives. For more information, drop an email to sales@grcoutlook.com. Publishing and Reprints We provide customized reprints and copies of articles as per your requirements. Get in touch with our team for a copy of the magazine or your article separately. Copyrights and Purchase All rights reserved. No portion of this magazine may be reproduced in any form, physically or electronically, without prior permission from the publisher, except as permitted by U.S. copyright law. For permissions contact: ICON Media Inc. 30 N Gould St Ste R Sheridan, WY 82801 (646) 396 6545 Richard Taylor Jennifer LetaLowrence Tse Benny DavisSam Morris benny@grcoutlook.com sales@grcoutlook.com Copyright © ICON Media Inc. 2023 Subscribe @ Visualizers Printing and Circulation Graphic Designers Editorial staffs Creative Team Managing Editor Editor-in-Chief SalesThe life sciences sector operates at the convergence of groundbreaking discoveries and stringent regulatory requirements. As such, the demand for compliance solutions isn't just a necessity; it is a fundamental commitment to maintaining the highest standards of quality, safety, and ethical practices. The challenges faced by the life sciences sector are dynamic and ever- evolving. Yet, within these challenges lies the opportunity for innovation and transformation. In exploring the profiles of these ten companies, you will discover narratives of resilience, strategic thinking, and a profound commitment to advancing regulatory excellence. From interpreting complex regulatory frameworks to implementing cutting-edge technologies, these solution providers are not just keeping pace with compliance needs; they are actively shaping the future of regulatory adherence for the life sciences industry. Here's to the visionaries, the innovators, and the champions of compliance excellence in life sciences. As we celebrate these trailblazing companies, we invite you to delve into the narratives of progress and dedication, where compliance isn't just a requirement – it is a commitment to the well-being of patients, the integrity of research, and the future of the life sciences industry. In this special edition, we proudly present the "Top 10 Compliance for Life Science Solution Providers of 2023." These companies stand as the vanguards of regulatory excellence, steering the life sciences industry through the intricate landscape of compliance with unwavering dedication and innovation. Voice of the Editor Natasha Jacob Editor-in-Chief HOW BUSINESSES ARE NAVIGATING EXCELLENCE IN LIFE SCIENCE’S COMPLIANCE Elevating Healthcare through Innovative Information Solutions Revolutionizing Quality and Regulatory Intelligence Catalyzing Value through Smart Quality in the World of Science DATAPHARM REDICA SYSTEMS SCILIFE Rich Cooper, CEO Michael de la Torre, Founder & CEO Filip Heitbrink, CEO 18 30 42 SOLUTIONPROVIDERS 2023 TOP COMPLIANCE FOR LIFESCIENCES NAVIGATING COMPLIANCE COMPLEXITIES: HOW MEDISPEND REVOLUTIONIZES COMPLIANCE SOLUTIONS FOR THE LIFE SCIENCES INDUSTRY Craig Hauben CEOCONTENTS THE UNCONTROLLED RISE OF THIRD- PARTY RISK THE SILENT KILLER IMPACTING THE MISSION READINESS OF THE HEALTH & LIFE SCIENCE SECTOR IS ARTIFICIAL INTELLIGENCE THE NEW COMPLIANCE VIOLATIONS IN THE WORKPLACE? WHAT IF YOUR ORGANIZATION’S MOST SIGNIFICANT CYBER THREAT COMES FROM WITHIN? ENLISTING THE HELP OF WHISTLEBLOWERS TO ALERT ORGANIZATIONS TO THE POTENTIAL FOR CYBER FRAUD EU AI LEADERSHIP: NAVIGATING OPPORTUNITIES AND OBSTACLES RISK INTELLIGENCE (RI): A CRUCIAL ELEMENT IN CRISIS LEADERSHIP & COMMUNICATIONS REVISITING DUE DILIGENCE ON THIRD PARTIES IN THE LIFE SCIENCES SECTOR NAVIGATING THE NEXT FRONTIER : EMERGING THREATS OR OPPORTUNITIES COMPLIANCE TRAINING IN LIFE SCIENCES: BUILDING A KNOWLEDGEABLE AND COMPLIANT WORKFORCE SEVERAL RECENT TRENDS MAKE IT IMPERATIVE FOR COMPANIES OF ALL SIZES TO ALIGN NON-FINANCIAL BUSINESS OBJECTIVES WITH IT IN A GOVERNANCE, RISK AND COMPLIANCE FRAMEWORK SUSTAINABILITY AND ESG FOR BUSINESS RESILIENCE IN THE LIFE SCIENCES ENSURING EXCELLENCE IN LIFE SCIENCES: THE CRUCIAL ROLE OF TESTING IN DATA GOVERNANCE AND COMPLIANCE Anil Markose, Chief Strategy Officer, Abacode Margie Faulk, PHR, HR Compliance Solutions Mary A. Inman, Partner, CONSTANTINE CANNON Kiersten Farmer, Data Scientist, City of Henderson Rob Weinhold, CEO, Fallston Group Martina Rozumberkova, Principal & Emily Morgan, Director, Control Risks Ramesh Iyanswamy, Global managing partner, Tata Consultancy Services Ronda Robinson, Co-Founder, Robinson Alliance Group Bets Lillo, Board Member, River Logic Jeffrey G. Entin, Principal, SLR International Rupesh Garg, Founder, Frugal Testing 26 24 20 40 48 34 46 545650 32COVER STORYA s one of the most regulated industries in the world, life sciences organizations need a well-developed technology and compliance plan to stay ahead of the game. Developing or enhancing a compliance program can be overwhelming and selecting the right partner is crucial. Making the wrong choice can lead to confusion and wasted time during the implementation of new policies, procedures and technology. With more regulations on the horizon and a watchful eye on data, compliance frameworks will only become more complex. This is where MediSpend is creating a difference within the life sciences industry. MediSpend is a pioneer in offering flexible solutions that easily pivot with these evolving demands to ensure continued adherence to regulatory requirements. As a trusted compliance NAVIGATING COMPLIANCE COMPLEXITIES: HOW MEDISPEND REVOLUTIONIZES COMPLIANCE SOLUTIONS FOR THE LIFE SCIENCES INDUSTRY SOLUTIONPROVIDERS 2023 TOP COMPLIANCE FOR LIFESCIENCES Craig Hauben, CEONext >