Risk Minimization Activity

Risk minimization activities are strategies and interventions implemented to reduce or mitigate risks associated with a particular product, service, or activity. These activities aim to enhance safety, minimize potential harm, and improve overall risk-benefit balance. In the context of healthcare and pharmaceuticals, risk minimization activities are often employed to address known or potential risks associated with drugs or medical devices. These activities are typically implemented as part of risk management plans developed by regulatory authorities or manufacturers to ensure the safe and effective use of the product.