2014 Elections and Effect on Homeopathic Industry
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Recall Trends 2Qtr 2014
Each quarter, Stericycle produces a summary report of recalls affecting several industries, including the overall Pharma category. With snapshot graphics, the report notes that Pharma recalls are inching steadily upwards. However, the accompanying text provides some insights into the background of why this may be happening. For instance, “a mislabeling issue could arise from working…
AAHP Semi-Annual Meeting
The AAHP’s Semi-Annual Meeting will be held Friday, September 19 in Baltimore, MD at 9am. We will meet in the Holiday Inn, Inner Harbor at 301 West Lombard Street, just a 5-10 minute walk to the inside of the Convention Center where Natural Products ExpoEast will be happening. Arrive a few minutes early for a…
Social Media and Products Subject to FDA Regulation
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FDA & Proprietary Names
FDA has published a draft document on “Best Practices in Developing Proprietary Names for Drugs”. This document is intended to help companies develop product names that do not cause or contribute to medication errorsor otherwise contribute to the misbranding of the drug. With safety in mind, it describes design practices to help avoid such errors…
Homeopathic Quality by Design
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When is a Homeopathic Product OTC or Rx ?
Homeopathic drug products must meet stringent criteria for labeling and marketing. The specific criteria for Over-the-Counter (OTC) and Prescription drugs are enumerated in the FDA Compliance Policy Guide.
Reading Between the Lines
A negative bias of unfavorable reports on homeopathic medicine is an unfortunate and continuing trend. Although numerous studies show measurable benefits of homeopathy, there are other reports that appear to be simply intended to discredit this 200 year old system of therapeutics.
Adding Value with Intellectual Property
An important aspect of any business is increasing product, brand and company value by developing, executing and maintaining a strong intellectual property (IP) program. This can be especially important in a crowded and competitive market place.
Third Party Auditors
As in any business, knowing current regulatory standards and your company’s status when compared to those standards is a key to remaining in compliance with both regulatory expectations and client expectations. One way to accomplish this comparison is to hire a third party auditor with the appropriate experience and knowledge to provide an independent perspective on the challenges homeopathic companies encounter under FDA regulations and client requirements.
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