September 08, 2014 | Palo Alto, California: MetricStream, the market leader in Governance, Risk, and Compliance (GRC) Management solutions, will participate at the 2014 Joint Regulatory Conference organized by the Parental Drug Association (PDA) and FDA in Washington D.C from September 8-10, 2014. MetricStream will present its regulatory compliance, risk management and quality solutions at the conference.

Drug companies and healthcare companies are walking a fine line between continuously evolving and increasingly stringent regulatory requirements, and their instinct to follow traditional business practices. Mounting scrutiny from a variety of stakeholders, and pressure from customers and regulators have forced companies to adopt new business practices and strategies altogether. 

Drug manufacturers are also being inspected to ensure the safety and soundness of their business practices by both local and global regulatory bodies including the FDA, PDA, WHO, EMA, USP, ANVISA, amongst others.. To ensure the production and delivery of safe products, organizations need to have a well-defined framework that can facilitate effective compliance and quality management. Further, it is also necessary to properly integrate various changes made to existing business processes without compromising on quality, which can be done with the help of a robust change management framework. Incorporating the process-specific programs allows drug manufacturers to more quickly identify quality issues at the source, stay updated with audits, inspections, compliance mandates, and maintain a vast ecosystem of 3rd party suppliers and vendors. 

The three-day event will feature over 60 regulatory and industry experts who will share their views on today’s regulatory affairs and policies, best practices to improve product safety, how to build a culture of quality, and how to balance regulatory challenges and opportunities. MetricStream will demonstrate its Regulatory Compliance Risk Management and Quality Management Solution to participants at this conference. Attendees will also have an exclusive opportunity to meet their industry peers and share valuable knowledge and ideas around good business practices.

MetricStream’s Regulatory Compliance, Risk Management, Change Management and Quality Management solutions provide an integrated approach to manage a variety of industry-specific compliance and regulatory mandates. MetricStream solutions, which won accolades as ‘Top Ranked GRC Offering - 2014,’ offers a complete view of all quality related audits, and facilitates quality risk assessments to enable a better perspective of an organization’s risk profile. With advanced features and capabilities, MetricStream solutions enable better visibility and improved decision-making abilities. 

To know more about the event, please click here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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Molly Palm : pr@metricstream.com | (925) 451-1468

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