PV05

Risk Management Planning for Medicinal Products

Proactive risk management is a major component of good pharmacovigilance practice. This module sets out the principles of risk management planning and outlines regulatory requirements for risk management plans in regions that are major markets for medicinal products.

Approved by the Royal Society of Chemistry for purposes of continuing professional development.

Approximate Course Time: 1.25 hours

Level: Introductory/Intermediate

CPD Points: 1.25

Audience: Drug Safety, Regulatory, Compliance, Manager

Category: Drug Safety

Region: Europe, USA, Other

Who will benefit from this module?

All staff working in medical, drug safety, or pharmacovigilance departments of pharmaceutical or biotechnology companies or contract research organisations should have access to this module. It will also be of value to healthcare professionals and regulatory authority personnel.

Learning objectives

  • Explain important principles of risk management planning
  • Give examples of risk minimisation activities
  • Describe the selection of risk minimisation activities that are proportional to a product’s benefit/risk balance and do not impose undue burden on stakeholders
  • Outline regulatory requirements for risk management plans in regions that are major markets for medicinal products

Module outline

Module overview – An outline of the module’s scope and objectives, and notes on terminology. 

Principles of risk management planning – In this session we set out principles of risk management planning as a major component of good pharmacovigilance practice. We discuss the modern emphasis on proactive risk management in addition to routine pharmacovigilance measures. We describe risk assessment factors important in safety specification, pharmacovigilance planning, and risk minimisation for a drug. We then focus on the selection, implementation, and evaluation of non-routine risk minimisation activities.

Regulatory requirements for risk management plans – In this session we outline regulatory requirements for risk management plans in regions that are major markets for medicinal products: Europe, the USA, and (in a brief sketch) Japan. We describe the structure, main components, and submission requirements for EU Risk Management Plans and US Risk Evaluation and Mitigation Strategies, and we sketch notable aspects of risk management requirements in Japan. 

Assessment – Multiple-choice mastery assessment.

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