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Instant GMP Compliance for Dietary Supplements - What's the price of Compliance?

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The FDA calculated the cost of Good Manufacturing Practices (GMP) whenever they first drafted the Dietary Supplement - http://www.reddit.com/r/howto/search?q=Dietary%20Supplement Health and Education Act (DSHEA). Dietary supplement GMP regulations, located in the Federal Register, encompass all estimated costs, relating to compliance, that an organization will incur depending on business size. The FDA believed that altogether dietary supplement makers would invest 56,000 hours as a one-time burden of creation of written methods. Additionally, phenq effectiveness - https://www.homernews.com/national-marketplace/phenq-reviews-only-buy-af... 930,000 hours was estimated as the sum total for those businesses to carry out adequate record - http://venturebeat.com/?s=adequate%20record keeping. The FDA then used the data to estimate the economic impact for different sized companies.





Cost per Establishment by Size





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





Small Establishments





Set up Costs = $26,000





Annual Costs = $46,000





Moderate Establishments (twenty - 500 personnel with annual revenue of $5M - $10M)





Moderate Establishments





Set up Costs = $20,000





Yearly Costs = $184,000