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

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The FDA calculated the cost of Good Manufacturing Practices (GMP) when they first drafted the Dietary Supplement Health and Education Act (DSHEA). Dietary product GMP regulations, located in the Federal Register, cover all estimated expenses, relating to compliance, that an organization would incur depending on internet business size. The FDA estimated that altogether nutritional supplement manufacturers will invest 56,000 hours as an one time burden in creation of written methods. Additionally, 930,000 hours was estimated as the sum total for phenq customer service [ weblink - https://www.saobserver.net/national-marketplace/phenq-reviews-2022-best-... ] those business enterprises to conduct proper record keeping. The FDA then used this data to calculate the economic impact for various sized companies.

Cost per Establishment by Size

Small Establishments (Less than 20 employees with annual revenue below $1M)

Little Establishments - http://Www.Ourmidland.com/search/?q=Establishments

Set up Costs = $26,000

Annual Costs = $46,000

Medium Establishments (twenty - 500 employees with annual revenue of $5M - $10M)

Moderate Establishments

Set up Costs = $20,000

Annual Costs = $184,000