Pharmaceutical & Life Sciences – Risk Management & Compliance Solutions

35% of the Global Pharmaceutical Market 
Runs on Aravo

Supplier, vendor, and third-party risk management (TPRM) solutions that enable you to focus on delivering quality of life, not on a broken supply chain.

Third-Party Risk Management for Pharma & Life Sciences Compliance

According to KPMG’s 2026 Global TPRM survey, the top challenges for senior leaders include monitoring third-party performance, developing contingency plans for critical suppliers, and ensuring sufficient internal resources.

These pressures reflect an environment where third-party risk directly affects patient safety, product quality, regulatory compliance, and treatment availability—where even a single disruption or compliance failure can delay trials, trigger regulatory action, or restrict access to therapies.

Organizations must manage complex global supplier ecosystems while meeting requirements, including:

  • FDA and EMA regulations
  • GMP / GxP standards
  • HIPAA / HITECH compliance
  • Anti-Bribery / FCPA requirements
  • ESG / Scope 3 reporting

KPMG’s 2026 Global TPRM Survey

Over 800 senior leaders across 16 countries in life sciences, reported the following challenges:

19%

Monitoring third-party performance

18%

Designing contingency plans for critical suppliers

18%

Ensuring sufficient internal resources

Aravo’s Intelligence First™ Platform for TPRM, with native, embedded AI, delivers clarity, control, and speed across the full third-party lifecycle—from intake and onboarding to due diligence, performance management, and offboarding.

 

A Unified Platform
for Every Critical
Risk Domain

Aravo helps pharma and life sciences organizations manage risk across foundational and highly specialized domains through a centralized platform.

Whether assessing operational, financial, reputational, cybersecurity, privacy, or compliance risk—or addressing unique industry requirements such as pharmacovigilance—Aravo enables a consistent, scalable approach across the entire third-party ecosystem.

 

 

Support specialized processes such as:

Adverse event reporting

Safety signal detection

Post-market monitoring

Regulatory documentation oversight

Third-party quality controls

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Native AI that Understands Your Third-Party Ecosystem

Aravo AI is natively embedded within the Intelligence First™ Platform to enhance every stage of third-party risk management. Whether managing suppliers, manufacturers, distributors, CROs, sales intermediaries, or service providers, Aravo AI employs:

Icon Ai Canvas

AI Canvas with Interactive Agents

Gain real-time insight and interaction on supplier risk, GxP requirements, pharmacovigilance obligations, and third-party decisions

Icon Workflow Agents

Workflow Agents

Automate time-consuming tasks such as reviewing onboarding documents, extracting regulatory data, and pre-filling due diligence questionnaires

And with Aravo’s no-code AI Studio for customization and control, teams can create and configure their own AI Catalog for life sciences use cases unique to their organization—such as monitoring changing pharmacovigilance regulations or guiding consistent third-party decisions across business units.

Built for Pharma Complexity. Designed for Risk Team Confidence.

TPRM teams need to evaluate multiple risk domains at once. Aravo simplifies that complexity with pre-built applications for key risk areas, including:

    • Cybersecurity
    • Data Privacy
    • Anti-Bribery & Corruption (ABAC)
    • ESG
    • Financial Risk

For specialized needs such as pharmacovigilance or quality oversight, Aravo also provides Customer-Defined Assessments (CDAs) that allow organizations to tailor due diligence processes to specific requirements.

Today, Aravo supports 50+ risk domains across its customer community, including many leading highly regulated enterprises.

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See Risk Clearly. Score It Confidently. Act Faster.

Third-party risk goes beyond a single score. Suppliers, CROs, distributors, and service providers can create exposure across engagements, performance, compliance, privacy, cybersecurity, and product quality.

Aravo’s Evaluate Engine, a core component of the Intelligence First™ Platform, delivers configurable risk scoring across every level that matters:

    • Third parties
    • Engagements
    • Individual risk domains
    • Aggregate enterprise exposure
    • Ongoing performance trends

Using flexible scoring models aligned with your policies and risk appetite, teams can prioritize more quickly, improve consistency, and make regulator-ready decisions with confidence.

Aravo turns risk scoring into a dynamic decision engine for modern pharma and life sciences organizations.

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Case Study

From Regulatory Pressure to Measurable ROI

A global pharmaceutical company needed to quickly implement an enterprise-wide ABAC program to meet evolving regulatory demands.

Problem

$45M

FCPA-related fine was received due to lack of compliance.

Challenge

~65,000

suppliers across 100+ countries and 33 languages are managed with manual onboarding processes.

Solution

>20 Days

for onboarding versus six months. With Aravo, the team accelerated due diligence, improved compliance agility, and significantly reduced operational risk while scaling global third-party oversight.

Designed for an Industry Where
There’s No Margin
for Error

Aravo delivers the visibility, intelligence, and control Pharma & Life Sciences organizations need to manage third-party risk, maintain compliance, and support resilient global operations.

 

Pharma and Life Sciences Risk & Compliance Performance Benchmarks

Icon Third Parties

Third Parties

20,365

Icon Internal Users

Internal Users

12,081

Icon Processes

Monthly Processes Initiated

2,763

Icon Third Party Reg

Third Party
Registration

Icon Engagement Mgmt

Engagement
Management

Icon Abac

ABAC

Icon Info Sec

Information
Security

Icon Data Privacy

Data
Privacy

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