Industry Code: 37402
This industry consists of businesses who manufacture vitamins, medicine capsules and/or pills for various pharmaceutical companies. The manufacturing must be conducted in accordance with the exact specifications provided such as the kind and potency of the vitamin, pill or capsule, shape, colour, etc. Those businesses involved with producing cannabis in the form of capsules or oils and as a separate business activity would also be classified in this industry.
Operation Details:
Gelatin capsules are made from natural or man-made ingredients: water, glycerin and gelatin. The vitamin contents (vitamins A, C, D, iron, etc.) along with the medicine capsules are tested in a laboratory for potency and to ensure there is no harmful interaction among ingredients.
An automated process is employed consisting of a mixer, a gelatin vat and a capsule machine for the manufacture of vitamins, medicine capsules and pills. The products are packaged in bulk, labelled and are either stocked in a warehouse facility or immediately shipped in compliance with orders received from the pharmaceutical companies. Consumer packaging and labeling is conducted by the pharmaceutical companies.
The manufacture of medicine capsules or pills is very similar to that of vitamins; using the same equipment, packaging process and distribution of the products.
Cannabis may be sold in the form of capsules or oils. There may be some growers who produce capsules or oils, this is a process of extracting the cannabinoids as well as terpenes from the various strains using a CO2 extraction process. The concentrated extract is then diluted to the optional concentration in MCT (medium-chain triglyceride). If this process is conducted as a separate business activity from the growing process, then it would be classified in Industry 37402 - Medicine/Vitamins - Mfg. If the producing of capsules or oils is part of the overall growing process, then it would be incidental and would be classified in Industry 01800 - Greenhouses/Garden Markets.
Occupations within the industry include process control operators; quality control agents; as well as maintenance, marketing, and shipping and receiving staff.
Underwriting Considerations:
The blending, diluting and packaging of industrial chemical products should be classified in Industry 37902 - Chemical Products - Package/Distribute.
Premium Rate History:
Activities:
Capsules, Medicine - Mfg
Drugs - Mfg
Medicine Capsules - Mfg
Vitamins - Mfg
Pills - Mfg
Cannabis Capsules or Oils – Mfg
Rate Group History:
Industries with similar food processing type activities were combined in 1993 following the food processing industry review conducted in 1992.
This industry consists of businesses who manufacture vitamins, medicine capsules and/or pills for various pharmaceutical companies. The manufacturing must be conducted in accordance with the exact specifications provided such as the kind and potency of the vitamin, pill or capsule, shape, colour, etc. Those businesses involved with producing cannabis in the form of capsules or oils and as a separate business activity would also be classified in this industry.
Premium Rate History:
Activities:
Capsules, Medicine - Mfg
Drugs - Mfg
Medicine Capsules - Mfg
Vitamins - Mfg
Pills - Mfg
Cannabis Capsules or Oils – Mfg
Operation Details:
Gelatin capsules are made from natural or man-made ingredients: water, glycerin and gelatin. The vitamin contents (vitamins A, C, D, iron, etc.) along with the medicine capsules are tested in a laboratory for potency and to ensure there is no harmful interaction among ingredients.
An automated process is employed consisting of a mixer, a gelatin vat and a capsule machine for the manufacture of vitamins, medicine capsules and pills. The products are packaged in bulk, labelled and are either stocked in a warehouse facility or immediately shipped in compliance with orders received from the pharmaceutical companies. Consumer packaging and labeling is conducted by the pharmaceutical companies.
The manufacture of medicine capsules or pills is very similar to that of vitamins; using the same equipment, packaging process and distribution of the products.
Cannabis may be sold in the form of capsules or oils. There may be some growers who produce capsules or oils, this is a process of extracting the cannabinoids as well as terpenes from the various strains using a CO2 extraction process. The concentrated extract is then diluted to the optional concentration in MCT (medium-chain triglyceride). If this process is conducted as a separate business activity from the growing process, then it would be classified in Industry 37402 - Medicine/Vitamins - Mfg. If the producing of capsules or oils is part of the overall growing process, then it would be incidental and would be classified in Industry 01800 - Greenhouses/Garden Markets.
Occupations within the industry include process control operators; quality control agents; as well as maintenance, marketing, and shipping and receiving staff.
Underwriting Considerations:
The blending, diluting and packaging of industrial chemical products should be classified in Industry 37902 - Chemical Products - Package/Distribute.
Rate Group History:
Industries with similar food processing type activities were combined in 1993 following the food processing industry review conducted in 1992.