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 OZschwitz: Vitamin company calls for self-regulation of complementary medicine advertising

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PostSubject: OZschwitz: Vitamin company calls for self-regulation of complementary medicine advertising    Sun Mar 19, 2017 11:51 pm

Vitamin and supplement giant Swisse has asked the federal government to end its direct oversight of Australia's $4 billion complementary medicine market in favour of a system of self-regulation.



In a submission to the federal budget process, Swisse asked to end approvals by the Therapeutic Goods Administration, saying its controls for pharmaceuticals were not consistent with the public health risks associated with its range of supplements and vitamin products, and that pre-market assessments are burdensome and damage competition.

http://www.smh.com.au/federal-politics/political-news/vitamin-company-swisse-calls-for-selfregulation-of-complementary-medicine-advertising-20170315-guz8l5.html
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OZschwitz: Vitamin company calls for self-regulation of complementary medicine advertising

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