Immediate GMP Compliance for Dietary Supplements - What is the cost of Compliance?

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Immediate GMP Compliance for Dietary Supplements - What is the cost of Compliance?

The FDA calculated the price of Good Manufacturing Practices (GMP) whenever they first drafted the Dietary Supplement Health and Education Act (DSHEA). Dietary product GMP regulations, located in the Federal Register, cover everything estimated costs, associated with compliance, that a company will incur depending on internet business size. The FDA believed that altogether dietary supplement makers will spend 56,000 hours as an one time burden in development of written methods. Furthermore, 930,000 hours was estimated as the sum total for all business enterprises to carry out sufficient record keeping. The FDA then used the data to compute - http://Www.Gameinformer.com/search/searchresults.aspx?q=compute the economic impact exipure for weight loss - https://www.federalwaymirror.com/national-marketplace/exipure-bad-warnin... different sized companies.

Cost per Establishment by Size

Little Establishments (Less than 20 employees with annual revenue under $1M)

Little Establishments

Set up Costs = $26,000

Annual Costs = $46,000

Moderate Establishments (20 - 500 staff with annual earnings of $5M - $10M)

Medium Establishments

Set up Costs = $20,000

Annual Costs = $184,000