PRE-CONFERENCE WORKSHOP A TUESDAY, MAY 9, 2023

Clock 9:00 am–12:30 pm

Third-Party Distributor, Sub-Distributor, Subsidiary and Reseller Monitoring in Practice: A Deep Dive into Assessing Industry-Specific Anti-Corruption Risks Affecting Your Supply Chain and Compliance Status

The tools required for effective third-party management for life sciences companies continue to change. Added to this is the reality that certain jurisdictions present unique, heightened risks and obstacles to tailoring your program to each specific context. This workshop will allow candid discussion and life-science-specific benchmarking around third-party risks and evolving compliance and geopolitical realities.

• The latest triggers for life sciences investigations, prosecutions, and penalties for third party misconduct

• How life sciences companies are changing their best practices for a risk-based program tailored to a specific country/region

• Contractual agreements with distributors and sub-distributors: Tailoring and monitoring

• Due diligence around compliance training of distributors and sub-distributors

• Controls around inflated margins: How to design appropriate discounts for distributors and sub-distributors

• Strengthening your due diligence with tier one and tier two distributors and resellers and contractual risk: Flagging process and procedures

• How to vet distributor past-history around prior accusations, improper affiliations, and the strength of their own compliance programs

• Linking third-party risk management to enterprise risk management (ERP) tools and controls

• Data: How often do you need to refresh third-party analytics?

• Risk assessments: How much is too much?

• On the ground obstacles to monitoring third party conduct, including distribution and sub-distribution networks

• Knowing how far down the supply chain to go: How to know when to stop

• Designing a questionnaire for third parties: What type of information to include

• Concrete examples of addressing resistance to follow-up questions after an initial questionnaire

Corey Dunbar Partner, Data Forensics Practice Leader BDO

Kevin Espinoza Chief Integrity Officer Kaleo