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Outsourcing Biopharma R to India by P Chowdhury

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9

The need for due diligence of service providers

Abstract:

In any transaction entered into between two parties, each party should be fully aware of the facts of the transaction, and any liability which they may face in the future. In this chapter, we discuss the importance of undertaking a thorough due diligence of the service provider. A due diligence will assess the capabilities of the service provider/CMO giving the foreign entity an adequate understanding of the strengths and weaknesses of the said service provider/CMO. This information will determine the functioning of the partnership between the foreign entity and the service provider/CMO.

Keywords

notice

buyer beware

precaution

liability

data

approvals

litigation

financials

legal ...

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