{"id":4718,"date":"2020-06-22T10:32:35","date_gmt":"2020-06-22T10:32:35","guid":{"rendered":"https:\/\/live-ubc-llc.pantheonsite.io\/?p=769"},"modified":"2025-05-15T19:22:18","modified_gmt":"2025-05-15T19:22:18","slug":"5-reasons-why-you-need-a-pharmacovigilance-partner","status":"publish","type":"insights","link":"https:\/\/ubc.com\/insights\/5-reasons-why-you-need-a-pharmacovigilance-partner\/","title":{"rendered":"5 Reasons Why You Need a Pharmacovigilance Partner"},"content":{"rendered":"
Pharmaceutical and biotech companies benefit from working with external partners to manage pharmacovigilance activities. The breadth and scope of required services can depend on the mix of investigational and marketed products, the size of the company, and their comfort with outsourcing safety. Organizations realize a variety of benefits when collaborating with an external partner for safety services.<\/span><\/div>\n
\n
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Expertise<\/strong>
\nOutsourcing partner experts offer services in a wide range of areas, for instance, medical, regulatory, and technology, that are necessary for top quality safety surveillance and pharmacovigilance<\/a>.\u00a0Outsourcing provides rapid access to expert professionals, eliminating the need to hire, train, and retain staff.<\/p>\n

Eliminate Burden of Implementing SOPs<\/strong>
\nDeveloping the right systems and SOPs to support long-term pharmacovigilance activities is very time-consuming and costly. Start-up or virtual pharma and biotech companies, in particular, look to external partners who have systems and procedures already in place, eliminating the time, risk, and expense of implementing company solutions. Outsourcing partner SOPs can be implemented quickly and are proven to pass regulatory inspections.<\/p>\n

Flexibility<\/strong>
\nThe right partner can conform to the needs of each unique company, and as the products progress through the development lifecycle, can follow the company\u2019s development plans to build a pragmatic and compliant system to meet requirements without incurring unnecessary expense.<\/p>\n

Leverage Existing Resources<\/strong>
\nService providers can \u201cplug and play\u201d into your systems or plug you into theirs.\u00a0External partners can rapidly provide staff who have system, therapeutic, and regional expertise.\u00a0\u00a0Leveraging this expertise allows programs to be initiated quickly and to your specifications with the pharmacovigilance partner acting as an extension of the company.\u00a0This allows the internal team to focus on their core competencies<\/p>\n

Scalability<\/strong>
\nAn external partner can be used to complete all of your needs or a subset of activities, such as safety writing, literature review, local pharmacovigilance, and QPPV services in the EU, processing excess case volume.<\/p>\n

In any model, the outsourcing of pharmacovigilance activities must be carefully planned to achieve success. With the right partner, collaboration takes place at every step in order to build strong processes and set clear expectations. This type of scalable, flexible, and efficient partnership will lead to a winning situation for all: the sponsor, the external partner, and the patients.<\/strong><\/p>\n

Are you PV ready? Evaluate your program using our complimentary <\/strong>safety readiness checklist here<\/strong><\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Dive into the list curated by UBC’s safety and risk management experts.<\/p>\n","protected":false},"featured_media":10611,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"insights_category":[33],"insights_tags":[113],"class_list":["post-4718","insights","type-insights","status-publish","format-standard","has-post-thumbnail","hentry","insights_category-blog","insights_tags-genetic-diseases"],"acf":[],"yoast_head":"\n5 Reasons Why You Need a Pharmacovigilance Partner - UBC<\/title>\n<meta name=\"description\" content=\"Read details on why organizations realize a variety of benefits when collaborating with an external pharmacovigilance partner.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ubc.com\/insights\/5-reasons-why-you-need-a-pharmacovigilance-partner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Reasons Why You Need a Pharmacovigilance Partner\" \/>\n<meta property=\"og:description\" content=\"Read details on why organizations realize a variety of benefits when collaborating with an external pharmacovigilance partner.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ubc.com\/insights\/5-reasons-why-you-need-a-pharmacovigilance-partner\/\" \/>\n<meta property=\"og:site_name\" content=\"UBC\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-15T19:22:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ubc.com\/wp-content\/uploads\/2020\/06\/5-Reaons-for-a-PV-Partner-1275x1080-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1275\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ubc.com\/insights\/5-reasons-why-you-need-a-pharmacovigilance-partner\/\",\"url\":\"https:\/\/ubc.com\/insights\/5-reasons-why-you-need-a-pharmacovigilance-partner\/\",\"name\":\"5 Reasons Why You Need a Pharmacovigilance Partner - 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