Pharmaxis goes live with MetricStream's solution

Bangalore, June 18: The city-based MetricStream, market leader in enterprise-wide governance, today announced that Australia-based global pharmaceutical company Pharmaxis Ltd has gone live with its GRC solution.

MetricStream Head of Sales and Marketing (Asia Pacific) Shankar Bhaskaran said in a release here, "With a multitude of regulations to comply with, companies today are seeking an integrated technology platform for multi-regulatory compliance to bring down the cost of compliance and reduce the risk of non-compliance.''

The MetricStream solution would serve as an enterprise-wide risk and internal controls platform for Pharmaxis, enabling financial compliance with SOX. It would allow Pharmaxis to document their financial processes, risks and controls in a single repository, and test the effectiveness of internal control.

UNI