Bonafide companies are having a business purpose that implies the acquisition, maintenance, function, or advancement of new or existing assets consistent with the borrower’s and its subsidiaries’ area of business on the date hereof.
Under the new rules, an association plan can only be offered by a legitimate organization. So, the companies that DO NOT display;
- Any FDA or USDA trademarks that are not authorized.
- Any fictitious GMP icons
- Don’t fool someone by displaying the NSF icon without permission.
If a contract manufacturer uses the FDA logo or the above USDA trademarked logos without permission, they are violating a number of regulations and laws, including the trademark act.
The requirement for bonafide associations stems from regulators’ desire to protect associations from fraud, misconduct, and insolvency. When association plans were first launched in the market decades ago, there were issues with financial disputes of interest for those in charge of them.
Those businesses are intentionally deceitful and misleading. Such actions can persuade foolish people to do business with such entities, resulting in the receipt of risky products that could harm someone. This type of behavior needs to be reported as a safety hazard.
Don’t fall for fake GMP icons
There is no certainty that made-up GMP icons will comply with GMP protocols. You can have one developed for $5, or you can find them for free on the web and put them on your official site.
Practicing business with anyone else who uses one of those icons is especially unsafe. The production of supplements is a major concern. You might not realize it at first because you believe the industry is unregulated.
Hence, choose a manufacturer who does not exhibit any fictitious GMP certification logos. Icelandirect has been a leading supplements manufacturer in the USA. You can pick us for your next contract manufacturing project.
The only businesses you should contact are those that have been certified as GMP compliant. If you see an NSF certification for GMP, for example, you can go to the website search for NSF Certified GMP Facilities.
Other requirements for bona fide status, such as a formal organizational structure, corporate ethics, and the regular nomination and election of association officers, all contribute to anti-fraud efforts.
The End-note
Icelandirect is a private label supplement company that provides high-quality premium fish oils, fish powders, algal powders, and fish oil emulsions in a variety of TG and EE concentration levels for humans and pets. In the United States, we are a leading Omega distributor.
Our GMP-compliant products come in a variety of forms, including emulsions, powders, softgels, liquid-packed, and capsules. Not only that, but we can find the ideal formulation for your product, design the packaging, create the label, and store it for you at our warehouse.
You can get everything here; so we are a one-stop shop that offers full private labeling supplement services. Our fish oil supplements are famous globally. Contact us for more information!
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