Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Fraud complaints about supplements spike

This article was originally published in The Tan Sheet

Executive Summary

Consumers filed more than three times as many fraud complaints with the Federal Trade Commission about dietary supplements and herbal remedies in 2009 than in 2008, the commission says. FTC received 3,060 complaints about supplements in 2009 compared to 943 in 2008, according to FTC's Consumer Sentinel Network Data Book released in February. Food and drug attorney Marc Ullman speculates that increase "has something to do with the constant harping about 'unregulated,' 'loosely-regulated,' 'under-regulated,' 'steroid-ridden'" supplements in the media (1"The Tan Sheet" Dec. 7, 2009). Ullman, with the New York firm Ullman, Shapiro & Ullman, adds FTC will continue to scrutinize heavily supplements and herbals going forward "as evidenced by the commission's recent warning letters to omega-3 marketers" (2"The Tan Sheet" Feb. 22, 2009). Fraud complaints about OTC and Rx drugs also jumped 87 percent to 1,396 in 2009 compared to the previous year, according to FTC

You may also be interested in...



Omega-3 Probe Underscores FTC Standard For Claims Substantiation

FTC's widespread review of omega-3 fatty acid supplement claims reminds firms they must support claims with "competent and reliable scientific evidence," a standard stakeholders argue is unclear and at times impractical

USADA Builds Team To Change Supplement Law, Cites "Lax" Regulations

The U.S. Anti-Doping Agency leads an alliance seeking stronger enforcement against steroid-containing nutritional supplements, proposing legislative changes that could significantly burden FDA and supplement manufacturers, retailers and distributors

Sanofi Tries To Stop Lantus Biosimilar By Getting Supreme Court To Review PTAB, Again

Sanofi seeks to delay decision clearing path for Mylan's Lantus biosimilar; says it should be able to get rehearing based on Federal Circuit's ruling that PTAB judges were not constitutionally appointed.

Topics

UsernamePublicRestriction

Register

PS103842

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel