PharmSource Releases White Paper on Role of U.S. Foreign Corrupt Practices Act (FCPA) in the Bio/Pharm...(lications of current FCPA regulations. ...)

Date:7/8/2009

lications of current FCPA regulations.

Essential elements of a strong FCPA compliance program for those in the bio/pharma industry.

Comprehensive steps to implement a solid FCPA compliance program.

Enforcement of anti-corruption business practices in emerging markets.

Mechanisms to avoid compliance pitfalls despite global and economic challenges.

"This report provides priceless strategic insights on FCPA compliance programs, which could save bio/pharma companies millions of dollars in fines and losses due to an unintended corruption scandal," advises PharmSource founder and president, Jim Miller.

The U.S. is increasing the number of investigations of FCPA and financial fraud violations, particularly within the pharmaceutical sector. This has been reflected by an increase in enforcement budgets and the employment of additional personnel to improve the frequency with which investigations are conducted. Readers will find this timely publication to be a critical first step in understanding FCPA practices and ensuring the protection afforded by a robust compliance program, especially while conducting business in emerging markets.

"[After all, it is far easier to start a compliance program before commencing work overseas than it is to implement one retroactively, but it is also far more cost-effective to implement and run a compliance program than it is to be involved in any kind of FCPA investigation, which not only is costly but can have devastating effects on a company's reputation and business," comments Leslie McCarthy, director of corporate development at The STEELE Foundation, in the white paper.

If you would like to obtain a copy of "The U.S. Foreign Corrupt Practices Act (FCPA): How to Minimize Your Risk," please contact PharmSource via e-mail at info@pharmsource.com or call 1-703-383-4903 (USA ET).

About PharmSource '/>"/>

Source: PRWeb Copyright©2009 Vocus, Inc. All rights reserved

0 GOOD

Page: 1 2 3
Related biology technology :

1. PharmSource Adds New Capabilities to the PharmSource ADVANTAGE Online Service
2. PharmSource and BioProcess Technology Consultants Announce Publication of New Market Report: Cell Culture Manufacturing Capacity: Trends and Outlook through 2013
3. PharmSource President Moderates Videocast on Outsourcing to Asia at AAPS
4. PharmSource Introduces Proprietary Resource for Identifying New Business Opportunities in Bio/Pharma
5. CEL-SCI Corporation Releases Letter to Shareholders
6. Elsevier Releases Results of Alternative Energy Research Leadership Study Identifying Top 25 Institutions Worldwide
7. A-WIT Technologies Releases World's First Low Cost C Stamp(TM) Based Biotechnology Laboratory in a Box
8. Clontech Laboratories, Inc. Releases the Xfect(TM) and Xfect(TM) Stem Transfection Reagents
9. Nucletron Releases Comprehensive Film-and Volume-Based Planning System for Wide Variety of Brachy Solutions
10. ZyGEM Releases Application Note Showing its DNA Extraction Kits Rapidly Produce High Yields of Quality DNA
11. Techne Corporation Releases Unaudited Third Quarter Results for Fiscal Year 2009