pharmacovigilance

noun
phar·ma·co·vig·i·lance | \ ˌfär-mə-kō-ˈvi-jə-lən(t)s \

Medical Definition of pharmacovigilance 

: the monitoring, evaluation, and prevention of adverse effects associated with the administration of medicines With generic drugs now accounting for more than 75% of U.S. prescriptions, imposing even a minimal fee on each prescription would provide the revenue for an important investment in pharmacovigilance for late-arising safety issues. —Aaron S. Kesselheim et al., The New England Journal of Medicine, 1 Nov. 2012

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occurring twice a year or every two years

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