Lawsuits involving the adverse effects of pharmaceutical drugs and medical devices have unfortunately become commonplace today. The legal landscape for companies operating in the Life Sciences sector is precarious at best. Pharmaceutical companies and medical device manufacturing companies have become targets for creative plaintiff lawyers, as the rapid growth in the use of prescription drugs and medical devices continues.
Globalex has expertise inthe life sciences industry sector and can helpyou implement essential risk management practices and insurance solutions to protect your company from the threat of debilitating lawsuits. We can advise you on the dangers of overstating the benefits of your products or failing to adequately warn of potential adverse side effects. Globalex is familiar with the risks involved in operating clinical trials around the world and can put the necessary safety measures in place to protect your life sciences company from catastrophic loss.
Being part of such a highly regulated industry in which companies operate under a much higher degree of scrutiny, you cannot afford to gamble the future of your company by placing your risk in the hands of a general insurance broker. Call the life sciences risk management experts at Globalex.
The risks facing biotech companies are immense and have wide-reaching social implications. Whether your biotech company is involved in controversial research with lab animals, genetics or stem cell research, Globalex has the experience and know-how to navigate you through a world of unique exposures.
A physical event such as a small fire, while harmful to any business, could have a devastating impact on the research and development operations of a biotech company. Contamination of a sterile work environment or the destruction of valuable research documents has the potential to cripple a young company.
Exposures change as your biotech company evolves. From R&D, through clinical trials and commercialization, Globalex can design a comprehensive insurance and risk management program that suits your needs.
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