Kuala lumpur: Regulatory pressure is rising at a pace many companies can't keep up with 83% of regulatory professionals reported an increase in regulatory volume, a 34% surge from last year. This upswing is overwhelming legacy systems, with serious consequences. More than one-third (37%) of regulatory teams surveyed said their organization missed a regulatory requirement in the past year, and among those, 50% of senior leaders estimated the financial loss to be between US$500,000 and US$1 million, and 14% reported losses exceeding US$1 million.

According to BERNAMA News Agency, insights from 162 regulatory professionals and senior leaders worldwide across the life sciences and consumer product industries highlight a clear industry mandate. Regulatory agility is no longer optional but a key driver of business growth and resilience. Teams recognize that AI will play a defining role in achieving this agility.