Life Sciences risks can come in many forms, ranging from skincare products to implantable medical devices, and all the way through to sophisticated robots used in surgery. In an increasingly litigious world, the liability exposure can be significant and we, at SRIM, offer this product designed by experts that understand this unique risk landscape.

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RISK TYPES

• Medical device companies; products ranging from dental products through to implantable devices
• Pharmaceutical companies
• Laboratories (including testing laboratories)
• Contract research organisations
• Biotechnology companies
• Research and development companies
• Clinical trials – all phases
• Skincare companies including beauty/cosmetics
• Nutraceuticals including food/beverage/supplement manufacturers/distributors
• Veterinary product manufacturers
• Medical technology manufacturers
• FemHealth companies
• Medical cannabis companies including distributors/testing laboratories
• Research and development in psilocybin
• Active pharmaceutical ingredient manufacturers

COVERAGES AVAILABLE

• Products liability
• Professional indemnity
• Medical malpractice
• Public liability
• Clinical trials – no fault compensation and legal liability
• Intellectual property
• Cyber

EXTENSIONS AVAILABLE FOR

• Product recall costs
• Research and development reinstatement costs
• Barcode restoration costs
• Reputational damage costs
• Advertising liability
• Employers’ liability