Barriers of entry for natural medicines

[davide405]

Continuing the discussion from UK “psychic” threatens legal action against sceptic:

@robulus

I think there is an interesting discussion to be had about the barriers for entry that exist for plausible natural medicines, that make regulatory approval for them almost impossible because there is nothing to patent and little money to be made. However I don’t think that negates the value of regulatory approval.

I’m not sure this is the thread for that discussion though!

[davide405]

Okay, I’ll bite.

If someone has a goodly collection of annecdotal evidence that a poultice of Kingsfoil actually is good for aggravated puncture wounds, how would they go about gaining regulatory approval to market ready made poultices?

IANAL, so why is it NOT profitable to do so?

Middle-earth plants

[anon73629133]

Prime example:

Colchicine | History

[davide405]

and gave URL Pharma a three-year marketing exclusivity agreement[20] in exchange for URL Pharma doing 17 new studies and investing $100 million into the product, of which $45 million went to the FDA for the application fee.

Ah, good old regulatory capture…