How Small Biotechs Can Implement Pharmacovigilance Systems

By Steve Knowles

When it comes to implementing strong pharmacovigilance (PV) practices at your company, there is a variety of components and capabilities that will be necessary. Having worked in this space for most of my pharma industry career, I know it can be incredibly difficult to understand the intricacies of integrating these processes.

Pharmacovigilance is a catchall word used to describe anything that falls under the drug safety umbrella — detection, assessment, understanding, and prevention of adverse effects that may be associated with a medicine. It ensures that patients experience as little harm as possible when taking medications (clinically validated ones or otherwise).