March 17, 2015-SP
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Overview of template
COST OF FOOD SAFETY INCIDENTS
• Cost of economic adulteration and counterfeiting of global food and consumer products is $10 - $15 billions/year • Cost of once incident of product adulteration runs between 2%-15% of annual revenue. Translates to $400 million impact for a $10 billion company
Source: GMA, 2010 study
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March17,2015
“Ensuring theSafetyandQuality of IngredientsUsing Standardized, HarmonizedAnalytical Methods "
Overview of template
HOW DO WE MANAGE THE PROBLEM?
• Definition of appropriate testing, • Standardization of analytical methods and
• Global harmonization of methods
Proprietaryand confidential — do not distribute © 2015 Abbott Laboratories
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March17,2015
“Ensuring theSafetyandQuality of IngredientsUsing Standardized, HarmonizedAnalytical Methods "
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