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The FTC and FDA jointly issued warning letters to seven companies who were advertising a number of products that they claimed were able to treat coronavirus.
The FTC and FDA jointly issued warning letters to seven
companies who were advertising a number of products that they
claimed were able to treat coronavirus. According to the FTC, the
companies have no evidence to support the claims, and the FDA
stated that there are currently no approved vaccines, drugs or
investigational products available to treat the virus. The letters
required the companies to notify the FTC within 48 hours of the
specific actions taken to address the regulator’s concerns.
Furthermore, both regulators said they would follow up with any
company that failed to make sufficient corrections. So far, all
seven companies have made changes to remove the unsupported claims
from their advertising. However, both the FTC and FDA will
continue to monitor social media, online marketplaces and incoming
complaints to ensure that the fraudulent products are not marketed
with the same claims under a different name or on another website.
The companies that received warning letters include: Vital Silver;
Aromatherapy Ltd.; N-ergetics; GuruNanda, LLC; Vivify Holistic
Clinic; Herbal Army LLC; and The Jim Bakker Show.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
