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Thursday, September 15, 2011

Creating Value through the Food Safety Modernization Act

The Food Safety Modernization Act (FSMA) was signed into law by President Obama in January, 2011. FSMA establishes requirements for pro-actively preventing food contamination along the entire food value chain. Given the effort and burden required for its proper implementation, SAIC has developed a risk-based process for leveraging the requirement of FSMA to create value through lowering the cost of risk, creating branding opportunities and maintaining shareholder value.

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