FDA Regulated Businesses - Will you be compliant with the new FTC rule?

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If you're in the FDA regulated industries, you might want to pay attention to the FTC's new rule according to this Casetext post, August 1, 2009 - FTC’s New Identity Theft Rule Probably Requires You To Comply. In a nutshell, Koustas & Fleder say:

Given the apparent reluctance of the FTC to create exemptions from this regulation, most companies regulated by FDA must determine if the Rule applies to them. If the answer is yes, there is an August 1, 2009 deadline fast approaching to develop and implement a compliance plan. Failure to comply may subject the entity to administrative enforcement action by FTC as well as civil liability to consumers.

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Hidden Health and Financial Liabilities of Nanotechnology

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Updated October 15, 2022:

The original link broke.

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GUIDANCE DOCUMENT - Drug Products, Including Biological Products, that Contain Nanomaterials - Guidance for Industry - APRIL 2022 - FDA.gov

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I found this article somewhat thought provoking, Mesothelioma and the Potential Costs of Nanotechnology. Whatever you believe to be science or risk, about mesothelioma, nanotechnology, or nanotubes, the article raises the possibility of repeating the history of asbestos mesothelioma. More specifically, the highlights for me are:

• Billions of dollars in potential litigation costs, much like that of asbestos litigation, are hidden from nanotechnology investors due to weak regulations governing disclosures and liabilities
• Many feel the litigation and health risks surrounding asbestos exposure and malignant mesothelioma cases may be repeated with the widespread use of nanotechnology in consumer products
• Many companies producing nanotechnology have failed to disclose to investors whether the nanotubes they are making are in the dangerous form (carbon nanotubes) and if there is a potential liability for future side effects of exposure to nanomaterials

I want to be an informed investor and consumer. I need to be able to make my own decisions about my health, and need to know if the products I choose are potentially putting my personal health at risk. 'nuff said.

Related Posts: University Researcher Compares Carbon Nanotubes to Asbestos (video) CDC Says Mesothelioma Deaths Increasing Asbestos.com - HONcode Certified Reputable Mesothelioma Resources Are Nanoparticles Dangerous Like Asbestos?

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