b'Industry Focus: Healthcare MattersGlobal Healthcare Company Process Review and RemediationThe StoneTurn team was engaged to perform process reviews and remediation relating to internal audit readiness for the South African operations of one of the worlds largest global providers ofmedicinesanddiagnostictests.Ourprofessionalsperformedinteraliariskassessments, walkthroughs,controlandtransactiontesting,identificationofexecutiongaps,reportingand tracking of remedial areas and data analytics. StoneTurn experts also outlined a remediation plan to ensure compliance with the companys global standards, as well as positive future internal audits.Publicly-Traded Pharmaceutical Company Contract Review and Arbitration SupportStoneTurn was retained by a publicly-traded pharmaceutical company to consult on whether its contractual obligation for commercially reasonable efforts had been met in relation to marketing a drug launch. The client was in arbitration with a licensor regarding whether sufficient resources had been devoted to a drug launch, which was at that point unsuccessful, so that it could cease marketingefforts.Weanalyzedthemarketinwhichthedrugwasindicated,researchedthe historical probability of success for drug launches, and compared the clients marketing efforts to similarly situated pharmaceutical firms. Shortly after providing the client our analysis, it issued a press release to announce a restructuring and exit from marketing the drug product.30 At Every Turn 2020 At Every Turn 2020 31'