Wizard risk management plans are customized for class of the drug (Cancer, Cardiac, CNS, etc.) and also medical devices using sophisticated clinical, medical and epidemiological support, patient data surveys, and medical interventions to reduce the risk of the drug. We are experts in developing the risk management plans on time to support the drug safety and efficacy.
The monitoring of product safety is a key concern throughout the development cycle, but never more so than after product approval. In today’s environment, more and more drug development teams are adding post-approval activities as part of their risk management and epidemiology planning. Risk management considerations include the number of potential users of the product, the seriousness of the disease being treated, the expected effectiveness of the product, the length of time patients will be treated, the seriousness of known or potential adverse events, and/or whether alternative agents exist.

Wizard’s specialists advise clients to be proactive, bringing progressive, scientifically-sound risk management plans to regulatory agencies rather than facing the imposition of a mandate that may be overly restrictive. Wizard’s Risk Management professionals develop programs to monitor and manage product utilization and safety, mitigate risk, establish a product’s risk-benefit profile, and ensure understanding of its market value.