WHITEHOUSE STATION, N.J., Aug. 5, 2020 /PRNewswire/ — Chubb and the National Center for the Middle Market (NCMM), housed at The Ohio State University Fisher College of Business, have published a report detailing the challenges and opportunities confronting companies within the life sciences industry. The new research provides life sciences executives with insights to help balance risk and navigate regulations in order to drive success.
The report entitled, “Life Sciences in the Middle Market—From management to mastery: balancing innovation with risk and regulation to drive sustained performance,” highlights five key themes:
- managing innovation and knowledge which is critical for success
- protecting complex supply chains which are prone to disruption
- creating and managing commercialization and distribution partnerships
- identifying complicated risks and exposures, including cyber threats, and
- navigating a rigorous and complex regulatory landscape.
The report also contains a section focusing on the unique challenges the industry has had in dealing with COVID-19.
“The life sciences industry is concentrated in the middle market—the segment that drives the U.S. economy,”…
