Due Diligence and Audit in South Korea - Biologics Consulting Group

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Due Diligence and Gap Analysis

The process of selecting business partners and concluding contracts is one of the crucial decisions that can determine the success or failure of a company. BCG recognizes this importance and provides due diligence services to identify the strengths, weaknesses, or risks of partners in advance, and supports the entire partner selection process, including contract review.

Moreover, BCG provides gap analysis services to thoroughly understand customer requirements and assist in achieving the best results in collaboration with partners. This ensures efficient cooperation with clients, minimizing resources and time invested in projects, and more reliably supporting the achievement of project goals.

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Business Partner Due Diligence

Business Partner Due Diligence Services are a key tool in supporting crucial decisions that greatly impact the success or failure of a business. BCG rigorously assesses a partner's regulatory compliance based on various international standards like ISO 9001/13485 and US CFR, identifying strengths, weaknesses, and potential risks. This enables clients to verify if the partner complies with international standards and has adequate quality management.

Furthermore, BCG also assesses the feasibility of product authorization in advance. By reviewing regulatory compliance and licensing requirements, we ensure smooth progress from the product development stage to the authorization review. This allows clients to know beforehand whether the product meets regulatory standards and can be authorized before market entry, minimizing uncertainties related to market entry.

Gap Analysis

BCG provides gap analysis services to thoroughly understand customer requirements and effectively carry out projects. We always perform gap analysis at the start of a project to identify the elements needed to achieve the goals desired by the client.

Through gap analysis, we accurately understand the difference between the current state and desired goals, and develop optimal strategies and plans to overcome this. Additionally, we support minimizing and efficiently utilizing the resources and time needed for the project.

BCG's gap analysis service is a key element in helping clients more assuredly achieve their project goals, contributing to the optimization of business performance. It provides essential support in considering customer requirements and reducing inefficiencies to successfully complete projects.

Contract Review

Contract review services play a crucial role in regulating agreements between businesses and individuals and minimizing potential problems. BCG offers thorough and effective contract review services to clients, utilizing its experience and expertise in reviewing contracts across various industries and scales, including medical devices, pharmaceuticals, and quasi-drugs.

BCG systematically analyzes clients' contracts and reviews all clauses and conditions. It protects clients' interests by identifying potential risks and ensuring regulatory compliance. BCG ensures that the contract aligns with the client's objectives, guaranteeing smooth negotiations and execution.

Additionally, BCG stays abreast of the latest regulatory and legal changes, applying them to contracts to minimize legal risks for clients. Our contract review services support smooth business transactions and stakeholder relationships, and are used as an essential tool for clients to ensure safe and efficient contract conclusion.

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