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We have learned that Time-Cap Labs, producer of a generic version of the brand name drug Armour, a natural and bioidentical thyroid replacement, has been ordered by the FDA to stop production. The FDA has decided to classify the company’s product, available for over a century, as an unapproved new drug. Since the new drug approval process is prohibitively expensive for a non-patentable substance, the FDA is in effect banning the natural product. The purpose? Presumably to protect the profits of other, inferior drugs that have been FDA approved.
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Awesome! Good job, system. I love how the government institutions which presumably regulate an industry are actually agents
of that industry.
Now, is this one of those situations where we just sit back and let the system do its job and everything will just sort of work itself out somehow?