By Donna Mitchell-Magaldi, Nerac Analyst,
Originally published April, 2014
There are many resources available when gathering competitive intelligence. These sources of information include business news, SEC filings, patents, company quarterly report and market reports. However, there is a very important resource that many companies tend to overlook. The Food and Drug Administration (FDA) is a valuable free resource for competitor and competitive product information. The FDA website contains information regarding products that are in the process of seeking approval, products that have been granted market approval, products experiencing adverse event and companies that have been audited by the FDA and have been found noncompliant to regulations. FDA also provides information on warnings and product recalls.
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