Regulating Herbal Supplements Essay

This report is Part 1 of assignment for Marketing MBA 565-MBOL1 to Dr. Stephen Baglione

Now the United States has a shorter history of medical herbal use. Native American’s, and early European’s used herbs as medicines.

The Food and Drug Administration, also known as the FDA or USFDA, is responsible for protecting and advocating public health. They are the official government agency that ensures our drug supply is safe and effective. This is achieved through the regulation and supervision of food safety, dietary supplements, veterinary products, cosmetics, vaccines, biopharmaceuticals, medical devices, prescription and pharmaceutical drugs that can be purchased over- the- counter.

In our experience with Pharmasim we learned that Marketing decision making must be very sensitive and responsive to everything going on in the industry which is very complex. Consumer responses to marketing tactics can be volatile and unpredictable and no idea is guaranteed to work well. Marketing is a matter of meticulous research, assumptions, planning, and volatility at times. Overall we took away two major points: 1) that it is important to consider the product lifecycle in evaluating how to promote businesses and, 2) that the “Sweet Spot” as a competitive advantage should be the greatest point of consideration when evaluating how to best gain leverage to beat the competition in the minds of

Because many of the treatments of alternative medicine do not adhere to the principles of conventional medicine, whether or not to allow practice of these techniques in the United States is a major concern of the medical community today. The Food and Drug Administration is the decision making body of issues such as this and more often than not, does not approve many of these practices. Due to the fact that holistic medicine sometimes contradicts the fundamentals of biomedicine, health care regulation boards such as the FDA find it difficult to accept many of these treatments. Because the Western world is so unfamiliar with these techniques it is only natural for medical community to often disprove these methods. However, as more and more doctors discover the limitations of

Specify the types of country risks that pharmaceutical firms face in international business. How do the political and legal systems of countries affect the global pharmaceutical industry?

The twenty-first century has seen pharmaceutical companies grow in unprecedented size and strength. Due to the unprecedented growth the larger pharmaceutical companies have gained leverage and power in the prescription drug industry, but they lack innovation to market and they seek ways to help the business continue to increase its profits. The pharmaceutical industry was once ethically sound and was a valuable player in the development of human health. However, overtime with the lack of innovation pharmaceutical companies are becoming an unethical market that exploits patients, doctors and anyone else it can to increase its profitability. With eyes only on profitability this can create a hazard for patients because there

Throughout the years we have been prescribed with regular medications for whatever illness we have and also in using supplements for our weight loss program. We at times neglect or willfully forget the side effects and risks we are faced off with regular medications. This is the reason why a lot of herbal supplement companies are increasing in popularity because of the supplements they are recommending in exchange of the regular medications. There are more and more people being aware of these supplements performance. They prevent the onset of a possible health problem and also increase performance with considering very little complications or side effects.

Everyone in America, is at risk for being diagnosed with a condition that they don't have, and being prescribed medications they do not need. Its, everyday advertisments on TV for clients who may have had a missed diagnosis, and experienced a side effect from a medication they where prescribed, physicians try to follow national standards of care to protect themselves from lawsuit or even losing their licenses.

To understand when, how and who began the Food and Drug Administration, one must trace it back to 1848 and to a man named Lewis Caleb Beck. In 1848, Beck was appointed to the Patent Office, to perform chemical analyses of agricultural products; later this function was passed on to the Department of Agriculture in 1862, which was the beginning of the Bureau of Chemistry, the predecessor of the Food and Drug Administration. In 1930, the Bureau of Chemistry changed its name to FDA, and today it serves under the Department of Health and Human Services. In 1883, Dr. Harvey W. Wiley became the chief chemist at the Bureau and he immediately increased the food adulteration studies; which was the beginning of an uphill battle for law changes in the

Magnesium in normal does of ~350mg per day (MAGNESIUM.n.d.) is considered safe with only minor reported side effects such as:

The U.S. Food and Drug Administration (FDA) is the governmental division that protects the public’s health by guaranteeing food, drugs, and medical devices are safe and effective. It assures that dietary supplements and cosmetics are well labeled, regulates tobacco, protects the users from electronic product radiation, among others.

The Rockefellers had changed the laws, and the educational standards, while modifying the licensing regulations to exclude natural medicine. The herbalist charter almost bans the use of natural means of healing, the booming drug industry grew out of the patients sickness and disease, the FDA was sold to the U.S. public, stating they were to regulate the people's food and drug safety. A media campaign to associate the incorrect “natural” medicine was dubbed “quackery” hence the word quack when referring to a

Herbal supplements cause destruction to many parts of the body. Aristolochic acid, a herbal supplement, is associated with morbidity but is not the only one. Yohimbine, which is a sexual stimulant, has been known to cause diseases of the heart and lungs. Androstenedione, which is a muscle inducing steroid, not only creates a higher risk for cancer but also decreases high density lipoprotein cholesterol. Also Kava, which is used to prevent short term insomnia, apprehension, and stress causes liver damage.

Most patients now prefer herbal medicine as compared to medicinal drugs. They are becoming popular to treat everything from minor to major to diseases. The reason why people are so into herbal medicine is because of their natural qualities that promote a healthy method of healing various products.