Robert J Hayes of Seer Pharma provides an analysis of the cost of maintaining a state of compliance. Since the 1930s, famous quality gurus have promoted the use of quality tools and techniques to improve product quality and reduce operating costs, such as Cost of Quality (CoQ). Although used widely in many industries, the take-up in the pharmaceutical industry is low; symptomatic of an industry that is generally slow to adopt tools, techniques and methodologies from other industry sectors.
https://international-pharma.com/wp-content/uploads/2014/03/Cost-of-quality…pdf.pdf