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Showing posts with the label pharmacovigilance services

Customer Due Diligence: Meeting Regulatory Expectations

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In today's business landscape, regulatory compliance is a cornerstone of trust and integrity. Nowhere is this more evident than in the realm of customer due diligence (CDD). Financial institutions, businesses dealing with high-value transactions, and even online platforms must adhere to stringent CDD requirements to mitigate risks associated with money laundering, terrorism financing, and other illicit activities. Meeting regulatory expectations in CDD is not just about ticking boxes; it's about safeguarding against financial crime while fostering trust with customers. Let's delve into how businesses can navigate this complex landscape effectively. Understanding Customer Due Diligence Customer due diligence refers to the process of verifying the identity of customers, assessing the risks they pose, and understanding the nature of their transactions. It involves collecting relevant information about customers, such as their identity, address, and source of funds, to ensure c...

Utilizing Social Media and Mobile Health Data for Pharmacovigilance Service

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New and innovative technologies, such as social media and mHealth (mobile health) technologies, have brought significant advancements to the field of pharmacovigilance. These technologies can be incorporated into pharmacovigilance services to enhance signal management and streamline Individual Case Safety Reports (ICSRs) processing and submission. However, certain challenges and considerations must be addressed to effectively harness the value of these technologies in supporting medicines regulation. Social media platforms offer unique advantages in pharmacovigilance and public health monitoring. They provide a vast volume of internet-based, patient-generated, unsolicited, continuously updated data. This abundance of data allows researchers to access a wide range of information for pharmacovigilance purposes. By analyzing social media content, including user's personal experiences with medications, potential adverse events related to specific drugs can be identified and monitored ...