Managing Risk in Dechra Pharmaceuticals

Managing Risk

Table of Contents
INTRODUCTION...........................................................................................................................3
Identification of the hazards present and those at risk from hazards ........................................3
Developing risk register and risk matrix.....................................................................................5
Analysis of the robustness of the risk assessment plan to reduce the errors and mitigate the
risk..............................................................................................................................................8
Analysis of technology role in using information to reduce the errors.......................................9
Evaluate the efficacy of the risk assessment plan.......................................................................9
CONCLUSION ............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Risk assessment is the method or framework which involve various task and process for
the identification of hazards and risk factors, which can harm the peoples at work place and
organisation. This method is divided into five steps which start from the analysis of risk and
hazard, identification of peoples who are at risk and development of the risk management
strategies, then its final step is evaluation of the risk management plan effects. This process is
continuously done in order to asses the risk of every new techniques, substance and harm related
to that and to understand positive impact of risk management strategies so that it can be improve
or update if not work effective. Royal Croatian–Slavonian Bacteriological Institute is now the
part of Dechra Pharmaceuticals PLC Group. This organisation is dealing with research and
development along with marketing and sealing of the medicines. This report is involving the risk
assessment of hazardous chemicals in Dechra Pharmaceuticals (Hillson and Simon,2020).
Identification of the hazards present and those at risk from hazards
Risk assessment is one of the most important tool for assurance of workers safety and
health in work place. In this project risk assessment is use for the pharmaceutical organisation
risk analyses and management. So there are the major risk related to the chemical and tools of
the product development. Risk assessment start from the analysis of hazards, this is the first step
of the risk assessment. Then second step is identification of person who is on the risk by
selective hazard. Although there are some other more important tools which use under this
process of risk analysis which will discuss in the next step. So there is the analysis of risk related
to the the selected organisation and identification of its impact on workers. In context to the case
study organisation have already did risk assessment in their workplace for preventing the
chemical practices related hazard, but it was not successful due to the inappropriate information
and knowledge of the workers related to the chemicals. There was the absence of toxicological
and health and safety information (Durst, 2018). Due to which data sheets for safety and health
measures, was not sufficient and quality through which workers can take optional decision.
Organisation major focus is on the risk of chemical hazard on their workers, and so that's way
they want to develop the risk management plan for the hazards of chemicals. One of the most
hazardous chemical in Pharmaceuticals is company is ethidium bromide, this is the most
common chemical use in the pharmaceutical and research company. This is fluorescent tag use
as the molecule marker in the process of electrophoresis for visualisation of DNA bands.

Another hazardous chemical is levothyroxine but it has very minimum harm in comparison to
ethidium bromide . Due to the higher exposer to levothyroxine can cause hyperthyroidism.
Workers and researchers who work in the production of pharmaceutical product and research is
at the high risk of these hazardous chemicals (Treasure, 2017).
Developing risk register and risk matrix
Risk register
Risk register is the information and risk management tool it helps to analyse and mange
the potential risk elements with the aid of proper safety measures . Nature of the risk, references
and owners is analyse and manage by the tool. So risk register is explain below in context to
organisation and its development for risk management. This risk register is the risk management
tool which help to conduct the risk management effectively. Its major role is that it provide the
formate to conduct the risk assessment and manage the information, of risk and action for
mitigation along with the information of responsible person for its management (Finger, 2018).
ID Risk Likelihoo Impact of severity owner Mitigating