Business management oversight
The rapidly evolving pharmacy compounding sector has lead to a surge in non pharmacy ownership participation. Though these businesses may be very attractive, they are highly regulated and require close supervision to prevent untoward outcomes and loss of value. How does a non-industry related business owner be sure that their compounding pharmacy / pharma manufacturing subsidiary is operating efficiently and in compliance with all regulations and laws? 503QM can act as your knowledgeable expert partner to provide operational oversight and assessment independent of business unit management. We can identify areas of non-compliance, concerning risk, mismanagement, and inefficiency and provide solution options and oversee corrective plan implementation. We act as your experienced eyes and ears and report directly to the owner or board of directors.