Quick Fix Weight Loss Products Making Your Wallet Slimmer

Filed August 8th, 2012 tmccoy



by: Jonathan Macri, Esq.

Weight Loss Products Slimming Your WalletsOverweight individuals looking for a quick fix to their weight loss needs should take note…a new report reveals that many of the weight loss products on the market are increasing by leaps and bounds in sales, but not necessarily in productivity.

The report gives some very startling figures having to do with the income generated by the weight-loss product industry as a whole. Overall, the industry is currently generating more than $62 billion in sales on a year to year bases, compared with $38 billion per year about a decade ago. However, this incredible increase has not meant that products are any better – or safer – than they were ten years ago.

The reason for that is due to the Food and Drug Administration’s lax approach to the weight loss industry as a whole. Specifically, the FDA does not need to grant its approval for a diet drug before it hits the market, but rather only takes a retroactive approach, taking dangerous products off of the market when enough evidence of their harmful effects comes to light.

This approach has allowed a number of dangerous drugs to stay on the market for a sustained period of time, and is yet another reason why consumers should exercise extreme caution when taking any of these products.

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