Pharmacovigilance Risk Management Services

Pharma Wizard, your trusted Pharmacovigilance partner, helps its customers navigate the challenging hurdle of developing an RMP or a REMS to identify, monitor, and minimize risks from pharmaceuticals throughout drug development. Pharma Wizard has a highly experienced team that provides end-to-end support for the development of these highly specialized documents, as well as the implementation of associated additional risk minimization measures.

Pharmacovigilance Risk Management Services - Overview

Risk Evaluation and Mitigation Strategies (REMS) and Risk Management Plans in Pharmacovigilance (RMP PV) guide identifying, monitoring, and minimizing patient risks. They differ in elements such as the implementation of risk management pharmacovigilance plans and the reporting-time requirements.

The EU RMPs

The EU risk management plan in pharmacovigilance is a more comprehensive and extensive safety package that the sponsor is obligated to follow throughout the lifecycle of all new drugs or biologics. The main components of this plan include developing the ideal risk mitigation strategies, (which are mainly associated with the Summary of Product Characteristics (SmPC) and PL).

A risk management plan is required for a new marketing application in the EU. It is provided to RAs as one of the documents to be completed before the Marketing Authorization Application (MAA) is submitted because it can only be finalized when the SmPC is final. The risk management plan in pharmacovigilance aims to describe the safety profile of the drug, i.e., the potential risks and missing information.

Risk management is an ongoing activity that involves updating the RMP and implementing or responding to comments from Regulatory assessors. Pharma Wizard, a leading provider of comprehensive pharmacovigilance services, extends several of its offerings to global pharma companies.

Risk Evaluation and Mitigation Strategies (REMS)

The US REMS deals with risk communication, which consists of components such as a medication guide, a communication plan, elements to ensure safe use, an implementation system, and a timetable for the submission of assessments. The US REMS is compulsory for some medicines only.

REMS programs can be designed for a single drug safety risk evaluation and mitigation plan or a class of drugs. Each REMS has specific safety measures unique to the risks associated with a particular drug or class of drugs.

Pharmacovigilance Risk Management Services

Pharmacovigilance Risk
Pharmacovigilance Risk manage

Mitigate risks and ensure patient safety with our risk management services