Case Study: Biomedical Startup achieves scalable, automated vendor risk management and continuous monitoring with Prevalent

A biomedical startup increased the efficiency, consistency, and scalability of their TPRM program with Prevalent

Large Biomedical Company, a heavily outsourced biomedical startup, faced a manual, ad hoc third‑party risk program that couldn’t scale as the business grew. The information security director needed a lightweight alternative to legacy GRC tools, so the company selected Prevalent and its Third‑Party Risk Management (TPRM) Platform, including Vendor Threat Monitor, to standardize assessments and monitor critical suppliers.

Prevalent implemented an automated vendor risk assessment workflow, a centralized library of standardized questionnaires, and continuous monitoring of vendors for emerging threats. The result was greater efficiency, consistency, and scalability—replacing labor‑intensive manual surveys with unified risk scoring and continuous visibility that lets the security director prioritize remediation, counsel higher‑risk teams, and support expansion into new geographies and regulations.