Enhanced due diligence
Healthcare due diligence
Get essential due diligence reports to help expedite the sourcing and on-boarding of new suppliers whilst safeguarding your reputation and meeting your regulatory obligations.
Conducting detailed and holistic assessments of all risks before engaging a new supplier or third-party is critical, particularly when expanding into less familiar and higher-risk territories.
Healthcare supply chains can be complex with tier-1, tier-2 and tier-3 suppliers, as well as third-party vendors and distributors located across the globe from the company’s headquarters. Where screening indicates heightened risk in these networks – or even potentially higher risk – companies and organizations should conduct enhanced due diligence (EDD).
What is healthcare due diligence?
Healthcare, pharmaceutical and life sciences companies operate in a highly competitive and tightly regulated industry. The often-long lead times and significant investment needed to bring products to market drives the need for high levels of security and discretion in the industry.
Due diligence is an invaluable tool for the healthcare industry to aid decision-making when assessing the on-boarding of new third-parties and suppliers or when reviewing or renewing existing contracts and agreements - to uncover hidden risk and flag potential links to financial crime and corruption, particularly in high-risk countries.
Protect your business from unseen risk
Our enhanced due diligence service provides comprehensive data on healthcare supply chains including company ownership, operating and litigation history, key management and decision-makers, prior business conduct, reputation history, hidden liabilities and more.
We are uniquely placed to help healthcare, pharmaceutical and life sciences companies to:
- Uncover background, reputation, ethics and political connections of even long-standing healthcare suppliers, agents and facilitators so you can protect your company’s reputation.
- Understand location-based risk when conducting business in unfamiliar jurisdictions and emerging markets, using our intelligence network, covering 217 countries combined with our extensive language capabilities to provide truly global coverage enriched with local knowledge.
- Reduce the risk of exposure to intellectual property (IP) theft and counterfeiting that arises from the healthcare industry’s international, complex supply chains.
- Mitigate your regulatory risk by leveraging our industry-trusted and reliable financial crime insight from our team of compliance specialists, underpinned with industry leading World-Check Risk Intelligence data.
Contact us to discuss your healthcare due diligence needs.
Why we are trusted worldwide
Our researchers only access risk information in the public domain, using non-invasive data collection methods.
Various human intelligence sources, leveraging structured World-Check Risk Intelligence data accredited with ISAE 3000 standard.
With local people in all major markets, we understand the local nuances and details, even where information may be less reliable.
Learn more with our healthcare due diligence resources
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