The supplement, herbal remedy and homeopathy industry has become extremely popular in recent years. While some supplements may be helpful to people, others range from ineffective to dangerous. In this video, attorney Patrick Montoya explains the two main problems with the homeopathy and supplement industry.
Pharmaceutical litigation doesn’t only include those prescription drugs. Often times, we think of bad pharmaceuticals, we think of famous products that have gone wrong, like Fen-Phen for example, or Vioxx. But within the last 10 years, homeopathic medicines or natural herbs and remedies have become a fad, a fashion, a rage, and frankly they help a lot of people. But they are not regulated by the FDA. It’s kind of like the wild west out there in terms of supplements. So what you’re seeing is a lack of studies on things which can cause too many problems. One is fraud cases. We, you know, for many years you always heard the term “snake oil salesman.” Well, they’re selling me snake oil. There’s really nothing in that product that is going to make me better. So there’s many products out there where there’s no studies about their effectiveness and people are taking them. And while it may not be hurting them, they’re certainly not helping them, and they were certainly never studied to cure the ills of the people are trying to take them for. The bottom line is the people are being defrauded. They’re buying something that they don’t need, that’s been pumped up to them as a cure for many different things. So there’s a fraud aspect of it. The second and frankly scarier area with homeopathic remedies and herbs and things like that, is the lack of regulation. And then putting chemicals into those products that are not studied and have a lot of interactions. And the third area, in this nutritional supplements area, is frankly in the body building or athletics area. A lot of times, fat burning pills and exercise pills have very dangerous stimulants such as Ephedra. And Ephedra is known to cause heart problems. Or there’s things like bitterroot orange is a chemical that contains Ephedra, anything that is going to accelerate your heart. And these same companies often target populations that may be heavier or may be obese, trying to get people to lose weight, and those are often times the people who have the worst heart problems. So, it is a bad combination between getting something that is going to accelerate your heart when the person may have underlying heart conditions. For more information, you can contact Colson Hicks Eidson at our website, Colson.com.