Introduction
A large medical device manufacturer faced challenges in accessing regulatory affairs specialists across Europe, the Middle East, Russia, and Africa due to legislative changes in the marketplace. Legislative changes in the medical device market necessitated urgent support from regulatory affairs experts across multiple regions. The client sought assistance from Vita Global Sciences to connect with global regulatory talent at a competitive price.
Client Background
VGS delivered a dedicated Functional Service Provider (FSP) solution designed to address the client’s need for regulatory affairs talent quickly and compliantly. The solution included the following components:
- Comprehensive FSP Solution: VGS provided a dedicated FSP solution, handling all aspects of talent management, including recruitment, training, and mentoring, to ensure compliance and retention of regulatory affairs specialists.
- Access to Niche Talent: Leveraging exceptional access to niche candidate markets, VGS swiftly delivered 25 highly skilled regulatory affairs professionals within three months, meeting the client’s urgent staffing needs across diverse regions. Today, this team has grown to over 60 which are spread across 19 countries.
- Improved Retention Rates: The FSP team’s comprehensive support and mentoring initiatives contributed to improved client retention rates, ensuring the longevity of the recruited talent within the organization.
- Cost Savings: VGS achieved cost savings for the client through reduced turnover and improved budget control, demonstrating the financial benefits of the FSP model in managing regulatory affairs talent effectively.
The Challenge
By partnering with VGS and leveraging its FSP model, the client achieved significant outcomes:
- Timely Access to Talent: Despite evolving legislative changes in the life science landscape, VGS provided timely access to regulatory affairs specialists, enabling the client to address regulatory challenges efficiently.
- Enhanced Budget Control: The FSP model facilitated improved budget control for the client, with a 14% cost savings achieved through reduced turnover and streamlined talent management processes.
- Improved Compliance and Retention: Through comprehensive training and mentoring, the FSP solution ensured compliance with regulatory standards and enhanced employee retention rates, fostering a stable and skilled workforce.
Key Outcomes
To address these challenges, the client partnered with Vita Global Science (VGS) as an FSP, leveraging its deep expertise in medical writing, regulatory support, and workforce management. The solution included:
- Delivered 25+ regulatory experts in 3 months, now 60+ across 19 countries
- Achieved 14% cost savings through reduced turnover
- Improved compliance and retention with training and mentoring
- Enabled fast, global access to niche regulatory talent
