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Politicians Make New Attempt to Ban Supplements

Started by Epoch-Times-Bot, Jan 04, 2023, 08:15 AM

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Epoch-Times-Bot

Jan 04, 2023, 08:15 AM
Politicians Make New Attempt to Ban Supplements

If this proposed legislation passes, more than 41,000 nutritional supplements could vanish from store and internet shelves. Crafted and ramrodded by these two senators, this act would cripple small companies and turn nutritional supplements into near-worthless pharmaceutical products.



STORY AT-A-GLANCE


Proposed legislation is calling for a federal database for dietary supplements, which requires supplement makers to submit information to the FDA
Known as mandatory product listing (MPL) for dietary supplements, supporters claim it's a way for the FDA to know what products are on the market and what ingredients they include
Opponents suggest the move, which is redundant and burdensome for small supplement companies, could ultimately give the FDA more power to ban supplements from the market
MPL could pave the way for the FDA to gain premarket approval power — changing access to supplements as we know it
Multinational companies like Bayer, Nestle, Unilever, Proctor & Gamble and Clorox have also been buying up supplement companies at a frenzied pace. In 2018, there were 83 such transactions; this rose to 137 in 2021






The U.S. supplement market was valued at $48.4 billion in 2021, with an expected compounded annual growth rate of 8.9%.1 In the U.S., where 80% of Americans use dietary supplements, the industry is viewed as trustworthy by the majority of adults (79%).2 However, access to high-quality supplements is continually being threatened by legislation, along with corporate mergers and acquisitions....

Source: Politicians Make New Attempt to Ban Supplements

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