Health Fraud Scams Pose Serious Health Risk
There are at least 11 companies selling products to help people addicted to opioids that have no proof to support claims that their pills and treatments aid in overcoming an opioid addiction, 2 US government agencies said Wednesday.
The Federal Trade Commission (FTC) and Food and Drug Administration (FDA) said they had posted warning letters to 11 companies that market or distribute the treatments.
“Health fraud scams like these can pose serious health risks. These products have not been demonstrated to be safe or effective and may keep some patients from seeking appropriate, FDA-approved therapies,” the FTC said in its press release.
Opioids, including prescription painkillers and heroin, played a role in 42,249 US deaths in Y 2016, up 28% from Y 2015 and 47% from Y 2014, according to the US Centers for Disease Control and Prevention(CDC) .
The opioid crisis has lowered overall life expectancy in Americans.
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Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.