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Risk Management Strategies in Pharmaceutical Construction

WHAT'S THE STORY?

What's Happening?

Soorya Sasidharan, associate director of risk management at Linesight, discusses the importance of risk management in pharmaceutical construction. The sector is expanding rapidly, driven by demand for advanced facilities and government support. Effective risk management is crucial to avoid costly delays and ensure timely delivery of lifesaving medicines.

Why It's Important?

Pharmaceutical construction projects are complex and require stringent regulatory compliance. Delays can impact global supply chains and patient access to treatments. Implementing robust risk management strategies is essential for safeguarding financial investments and public health.
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What's Next?

Project teams may increasingly adopt structured risk management approaches to minimize design changes and streamline processes. Prefabrication and IT integration are expected to play key roles in enhancing efficiency and compliance.

Beyond the Headlines

The focus on risk management highlights the need for strategic planning and collaboration in pharmaceutical construction. Addressing challenges such as regulatory approvals and supply chain capacity will be crucial for successful project delivery.

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