Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

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Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

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Regulation and compliance: life sciences

Can your current compliance governance and culture support the new surge of life sciences regulation and enforcement?

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Pharmaceutical, biotech, clinical laboratory, and medical device organizations must prepare for and manage a new surge of regulatory review and enforcement actions. Failing to comply with changing regulation can have serious consequences, including fines, criminal prosecution and debarments.  

At KPMG, we can help you assess business practices and monitor programs to avoid problems proactively and, when necessary, we investigate and testify to help you manage the potential consequences of alleged compliance failures. We can help you in all phases of the regulatory compliance life cycle, from the development of a robust compliance program through benchmarking, investigation, remediation, and recovery in instances of misconduct or noncompliance.

We assist your organization in fundamentally reassessing and retooling your compliance governance, compliance culture, and business and risk operations. This includes aligning your compliance programs to the specific requirements of your industry, anticipating regulatory changes, and helping achieve industry leading results.

KPMG has extensive experience with the legal/regulatory environment and a distinct operating model that drives government, commercial, and medical affairs’ risk mitigation controls and compliance needs. We understand the False Claims Act, Anti-Kickback Statute, Foreign Corrupt Practices Act, Corporate Integrity Agreements, and the relevant regulated areas, such as government pricing, spend transparency reporting, PhRMA/Advamed codes, third-party risk management, fair market value, data protection and privacy, PAMA, and good clinical/ manufacturing practices.

Learn more about KPMG healthcare and life sciences practice.

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KPMG recognized as a leader is risk consulting

KPMG is proud to again rank No. 1 across multiple risk advisory categories in the Source study: Perceptions of Risk Firms 2023. These categories include First Choice in Financial Risk; 1st for First Choice in Third Party Assurance; and 1st for Client Advocacy in Risk.

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Dive into our thinking:

The real risk in life sciences

Neglecting to evolve compliance programs

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Managing the risk of fraud and misconduct

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Jennifer Shimek
Office Managing Partner, Advisory, KPMG US

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