Proactive risk management

Proactive risk management

Risk is a fact of doing business. It’s how you prepare that makes the difference.


Proactive risk management is about putting your life sciences organization in a strong position to move quickly in the face of any risk event – and any opportunity.

Crowe knows the life sciences risk context you’re working in. We can help you anticipate and manage the risks that can prevent you from achieving objectives.

Our goal is getting your program to a point where you aren’t simply scrambling to react – you’re ready for what is coming, and able to think strategically about the future.

In a world where anything can happen, flexibility is your biggest advantage

The stakes are high in life sciences, where lives are on the line – and if something goes wrong, you risk millions in costs and penalties and lasting damage to your brand and reputation.

The best preparation for any risk event is structured, validated processes and systems that can flex and adjust without major disruption.

That’s our specialty. We draw on our deep risk experience in the life sciences industry to evolve your risk management program toward greater flexibility and maturity – and we do it in a cost-effective and collaborative way.

How many of these fundamentals are you doing well?


What does a risk management program that’s doing everything right have? An enterprisewide understanding of risk. Defined processes. Technology that enables function. Everyone with a role and a purpose and the right skills to carry them out.

Crowe has the experience to help you build this critical foundation for handling risk – not just in silos but across all your different areas of focus.

Internal audit outsource/co-source

Internal audit can be about more than checking boxes – it can create new value. We provide a different, more human-centered internal audit experience that goes beyond preserving value to create strategic value with timely, actionable insights to improve your operations.

Explore outsourcing and co-sourcing

Operational risk

We can help you manage operational risks related to structure, systems, people, products, or processes, including third-party risk, supply chain issues, business continuity management, compliance, and more.

Technology risk

As your organization grows, your technology risk does too. We can help you gain confidence that you’re staying ahead of this risk with co-sourced and outsourced internal IT audit, IT risk assessments, cloud computing governance, pre- and post-implementation system audits, and more.

View technology risk service

Technology enablement

GRC. Cybersecurity. Supply chain. Wherever you need it, we work with industry-leading platform providers to help you with the digital transition of key enterprise processes and functions. We also design, develop, and deploy solutions with low-code and no-code development platforms that enable speed to value.

Explore technology enablement services

IPO and SPAC readiness

Are you thinking about going public? Our team can help your company go public, whether through a traditional IPO or a SPAC. We can help you map out a customized plan and timeline that takes all the details into account.

Third-party risk

Life sciences companies often rely on an increasing number of third parties, adding to potential risks and complexities. We can help you create a resourceful strategy to streamline your risk management processes without sacrificing flexibility or maturity.

Explore third-party risk management services

Every program is on a journey – and we always start with where you are


You won’t have to explain your business to us. We’ve worked in the life sciences sectors, so we’re not going to make assumptions or make you retrace your steps. We can jump right to where you are and move forward with you.

No matter where you are, we start by listening carefully to understand your current situation. Then we can talk about where you want to be – and move into defining and executing a plan for getting you there.

We work with companies during pre-commercialization and post-commercialization

With FDA approval imminent for our pharmaceutical client’s treatments, we helped this company get ready for transactions by documenting how revenue processes, including gross to net, would be designed.

We support clients around new system implementations

We helped an international medical device company properly account for controls prior to and during a large-scale ERP implementation and assisted with redesign and implementation of financial and IT controls post-implementation.

We add value to internal audit

As part of our independent validation of a quality assurance self-assessment for an international pharmaceutical company, we provided recommendations for improvement and best practices to be considered in addition to our opinion on compliance.

Technology isn’t a separate lane – it’s part of the larger journey


Technology isn’t a replacement for great processes and trained people. But when those pieces are in place, enabling technology really helps you move the ball on managing, monitoring, and mitigating risk.

Cloud computing

Cloud computing has become an essential element for competing in the marketplace. Crowe can help you manage risk and create a cloud governance structure, design and implement cloud systems and technologies, and make your cloud more secure.

Explore cloud consulting services

GRC technology

By providing access to real-time data and making your integrated risk management processes more efficient and thorough, we can help you use GRC technology to get ahead of risks.

Explore GRC technology and integrated risk management

Work with us


With the right support, risk doesn’t have to be a four-letter word.

We have a blueprint based on our deep experience in life sciences risk – but our goal is to tailor your plan to your unique situation. Then we draw on our extensive toolbox to build the program that’s right for your organization.

Whether you’re looking for a large team or simply want to co-source a data privacy officer, we can give you support where you need it. Give us a call.

Mike Varney - social
Mike Varney
Partner, Risk Consulting

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Reach out to our team so we can chat about your goals and challenges and identify the best path forward for your organization.
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