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Immediate GMP Compliance for Dietary Supplements - What's the price of Compliance?
The FDA calculated the cost of Good Manufacturing Practices (GMP) if they first drafted the Dietary Supplement Health and keto burn dx trustpilot reviews Education Act (DSHEA). Dietary supplement GMP regulations, located in the Federal Register, cover all estimated costs, concerning compliance, that a business will incur depending on small business size. The FDA believed that altogether nutritional supplement companies will invest 56,000 hours as a one-time burden of development of written methods. Furthermore, 930,000 hours was estimated as the sum total for all companies to do adequate record keeping. The FDA then used the data to estimate the economic impact for a variety of sized companies.
Cost per Establishment by Size
Small Establishments (Less than 20 employees with annual revenue under $1M)
Little Establishments
Set up Costs = $26,000
Annual Costs = $46,000
Medium Establishments (20 - 500 workers with annual revenue of $5M - $10M)
Set up Costs = $20,000
Annual Costs = $184,000
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