Pharmaceutical product recall costs 2012, by cost type

This statistic shows the costs of product recalls for pharmaceutical companies as to a study from 2012, by the type of cost. It was found that the interruption to business of recalls account for almost half of all costs associated with a product recall in the pharmaceutical industry.

Costs of product recalls for pharmaceutical companies as of 2012, by type of cost

Share of total costs of product recalls
Business interruption costs49%
Recall costs35%
Product rehabilitation costs10%
Extra expenses, pre-recall, etc.6%
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Source

Release date

March 2014

Region

Worldwide

Survey time period

2012

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Statistics on "Pharmaceutical and medical device recalls in the U.S."

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