Food and Drug Administration FDA

{
  "id": "MLC-T-INS-001558",
  "term": "Food and Drug Administration FDA",
  "field": "Insurance and risk management",
  "definition": "A federal agency responsible for protecting public health by regulating and supervising food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs, vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices, cosmetics, and veterinary products. Its regulations directly impact product liability and recall insurance for manufacturers in these sectors. The FDA's authority is derived from the Federal Food, Drug, and Cosmetic Act.",
  "url": "https://mlchart.com/terminology/insurance/food-and-drug-administration-fda/"
}