This white paper focuses on strategic meetings management programs (SMMPs) — it highlights the rationale for next generation SMM to ensure compliance as meetings expand globally and compliance requirements become universal. It also provides important insights from key stakeholders in SMMP.
To someone outside of the Life Science industry, the term meal cap probably sounds innocuous and perhaps a little puzzling. Meal caps are related to verb use – to “cap,” meaning to put a restriction (usually on cost or price) on “something.” In the Life Sciences industry, that most often has to do with payments subject to a range of compliance limitations, especially the wide-ranging Open Payments “Sunshine” Act law in the U.S. or similar laws elsewhere.
The purpose of this paper is to provide perspectives relative to all stakeholders involved with the specific impact of meal caps or hospitality restrictions associated with the Life Sciences manufacturers and health care professionals (HCPs).