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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 1st drafted the Dietary Supplement Health and Education Act (DSHEA). Dietary product GMP regulations, located in the Federal Register, exipure reviews bbb encompass everything estimated expenses, associated with compliance, that a business will incur based on business size. The FDA believed that altogether dietary supplement manufacturers would spend 56,000 hours as a one-time burden in creation of written methods. Furthermore, 930,000 hours was estimated as the sum total for all companies to conduct proper record keeping. The FDA then used the data to compute the economic impact for different sized companies.
Cost per Establishment by Size
Little Establishments (Less than 20 employees with annual revenue under $1M)
Small Establishments
Set up Costs = $26,000
Yearly Costs = $46,000
Medium Establishments (twenty - 500 workers with annual revenue of $5M - $10M)
Moderate Establishments
Set up Costs = $20,000
Annual Costs = $184,000
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