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Immediate GMP Compliance for Dietary Supplements - What is the cost of Compliance?
The FDA calculated the price tag of Good Manufacturing Practices (GMP) when they first drafted the Dietary Supplement Health and Education Act (DSHEA). Dietary supplement GMP regulations, located in the Federal Register, cover all estimated costs, concerning compliance, that an organization will incur based on business size. The FDA estimated that altogether dietary supplement makers would spend 56,000 hours as a one-time burden of creation of written methods. Additionally, 930,000 hours was estimated as the sum total for phenq best appetite suppressant overall; view website, all business enterprises to conduct proper record keeping. The FDA then used the data to estimate the economic impact for various sized companies.
Cost per Establishment by Size
Little Establishments (Less than 20 employees with annual revenue below $1M)
Small Establishments
Set up Costs = $26,000
Yearly Costs = $46,000
Moderate Establishments (twenty - 500 employees with annual revenue of $5M - $10M)
Moderate Establishments
Set up Costs = $20,000
Yearly Costs = $184,000
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