A Prescription for Clinical, Regulatory and Commercial Success of Your Rx Brand

Risk Management

Pharmaceutical Risk Management

RiskMAPs

The ParagonRx® Difference

A Culture of Confidentiality

More on Risk Management

RM in the News — find out what's going on with Risk Management in the industry and governement

FDA — Guidance for Industry: Development and Use of Risk Minimization Action Plans

FDA Concept Papers

The ParagonRx® Difference in Risk Management

ParagonRx® has established itself as a recognized leader in pharmaceutical risk management. We have assembled industry-leading medical, pharmacy, regulatory, process design, and education experts, benchmarked multi-industry best practices, and published a framework that brings a new level of scientific rigor to the discipline of pharmaceutical risk management. Our services include:

  • Risk Assessment — identifying potential product hazards and need for action with an evidence-based approach, RxFMEA®, that targets specific weaknesses in the medication use process
  • Program Development — engineering a system of intervention tools, designed in collaboration with end users, incorporating state-of-the-art adult learning techniques and built-in redundancies to maximize effectiveness and minimize risks
  • Pretesting — using market research and predictive modeling to estimate the probability of success
  • Documentation for Regulatory Submission — incorporating program description and contingency options into regulatory submissions
  • Scale-Up and Tool Production — working with pharmaceutical customers to prepare their organizations for risk management program operations, or alternatively assembling the capabilities to operate the program on an outsourced basis
  • Implementation with Stakeholders — using innovative approaches like scenario-based learning, experiential simulations, and practice modeling to implement effective education programs that support program adoption
  • Measurement and Reporting — assuring that interventions and effectiveness of the program are quantified in a way that is consistent with regulatory reporting and ongoing quality improvement
  • Improvement — using continuous quality improvement principles to enhance the performance of the risk management program to achieve goals

In order to help companies prepare for changing regulatory requirements, ParagonRx® also offers consulting services to support organizational preparedness, organizational structure, and the establishment of new processes and procedures.

A Culture of Confidentiality

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