Standard Owner Benchmark - FOOD AND DRUG ADMINISTRATION

By CommonShare

The Food and Drug Administration (FDA) is a regulatory agency of the United States federal government. It is responsible for protecting and promoting public health by ensuring the safety, efficacy, and security of food, drugs, medical devices, cosmetics, and other products.

The FDA was founded in its current form in 1930, although its roots can be traced back to earlier legislation. It operates under the authority of the Department of Health and Human Services (HHS) and is headed by a Commissioner appointed by the President of the United States.

The FDA's main responsibilities include:

Food Safety: The FDA regulates the safety and labeling of food products, including both domestic and imported foods. It sets standards for food production, processing, and storage, and conducts inspections of food facilities to ensure compliance.

Drug Regulation: The FDA regulates the safety, efficacy, and labeling of pharmaceutical drugs. It reviews and approves new drug applications, monitors drug safety and adverse events, and enforces regulations to ensure the quality and integrity of drugs in the market.

Medical Device Regulation: The FDA regulates medical devices, ranging from simple tools to complex machinery used in healthcare. It evaluates the safety and effectiveness of medical devices before they can be marketed, sets quality standards, and monitors post-market safety.

Cosmetics and Personal Care Products: The FDA regulates the safety and labeling of cosmetics, including skincare products, makeup, and perfumes. It ensures that these products are free from harmful substances and accurately labeled.

Tobacco Products: In 2009, the FDA gained authority to regulate tobacco products, including cigarettes, cigars, and smokeless tobacco. It enforces regulations to reduce tobacco-related harm and protect public health.

The FDA's work involves a combination of regulatory oversight, scientific research, inspections, enforcement actions, and public education. Its primary goal is to protect and promote public health by ensuring the safety and efficacy of products within its jurisdiction.

As a government agency, the FDA is funded through federal appropriations and user fees collected from regulated industries. Its mission is not profit-oriented but rather focused on public health and consumer protection.

Overall Rating

2.0
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.
FOOD AND DRUG ADMINISTRATION
United States
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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.