Here comes the big push. I got served today by the FDA with a warning letter. The letter outlines their stance that Piracetam is a Drug and not a nutritional supplement. I have 15 days to respond to this letter before they take action of seizure. I was informed this is a wide ranging inquiry and they're going after everyone that sells piracetam. I'm not sure I'm prepared for a fight with the FDA to be honest with you. While I think I have some ground to stand on, just not sure I want that battle. Gotta love the government.

FDA says no more piracetam
#1
Posted 30 August 2010 - 04:42 PM
Here comes the big push. I got served today by the FDA with a warning letter. The letter outlines their stance that Piracetam is a Drug and not a nutritional supplement. I have 15 days to respond to this letter before they take action of seizure. I was informed this is a wide ranging inquiry and they're going after everyone that sells piracetam. I'm not sure I'm prepared for a fight with the FDA to be honest with you. While I think I have some ground to stand on, just not sure I want that battle. Gotta love the government.
#2
Posted 30 August 2010 - 04:51 PM
This makes me a sad panda. What kind of shelf life does Piracetam have? What is the best before date on your current inventory?
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#3
Posted 30 August 2010 - 04:53 PM
#4
Posted 30 August 2010 - 05:02 PM
Someone correct me when wrong, i'm not familiar with the US system, but i highly doubt they will do more then just destroying it when its just about a simple nootropic, thats how it works in belguim when the customs seize meds.
Edited by medievil, 30 August 2010 - 05:03 PM.
#5
Posted 30 August 2010 - 05:12 PM
#6
Posted 30 August 2010 - 05:26 PM
#7
Posted 30 August 2010 - 05:27 PM
#8
Posted 30 August 2010 - 05:33 PM
#9
Posted 30 August 2010 - 05:40 PM
Piracetam is not a vitamin, mineral, amino, herb or other botanical, or dietary substance for use by man to supplement the die by increasing the total dietary intake. Further, piracetam is not a concentrate, metabolite, constituent, extract or combo of any such dietary ingredient. These products do not qualify as a dietary supplement under section 201(ff) of the act
The act they are citing is: 201(ff)(1) of the act, 21 U.S.C. 321(ff)1.
#10
Posted 30 August 2010 - 05:47 PM
#11
Posted 30 August 2010 - 05:52 PM
#12
Posted 30 August 2010 - 06:37 PM
#13
Posted 30 August 2010 - 06:55 PM
#14
Posted 30 August 2010 - 06:59 PM
#15
Posted 30 August 2010 - 07:06 PM
This isn't some ploy, because if I were lying, it'd be way to obvious to prove and it'd ruin my long term reputation, which I'd never take a chance with.
#16
Posted 30 August 2010 - 07:07 PM
#17
Posted 30 August 2010 - 07:13 PM
#18
Posted 30 August 2010 - 07:22 PM
#19
Posted 30 August 2010 - 07:26 PM
Can you please post a scan of the letter?
#20
Posted 30 August 2010 - 07:28 PM
#21
Posted 30 August 2010 - 07:35 PM
I'm going to make a fight for that, but you're dealing with a gray area. Not many want to fight with FDA, mainly due to costs. It's not worth 40k for me to prove it's legal, possibly, then never come close to making that amount of cash. I'm going to make a simple argument and see how they respond. If they push back, I'm done. BTW, no coupon needed, will have it a flat 20% off for everyone on piracetam.
Incidentally, it may well be worth the 40k to put up a fight. I will fight it if the FDA questions us on it.
#22
Posted 30 August 2010 - 07:37 PM
You are a supplier and stand to benefit from making up or exaggerating your story. You (and others) have often alluded to the risk of an imminent ban on piracetam, etc (IIRC) What is really going on? Why no official FDA statement?
Benefit how? I benefit by cutting my profit margin? I've told nothing but the truth about my visits with the FDA, which will be proven when I post a scan of this letter from them. You'll see where they visited me in Feb and being served today. It would be business suicide to make a big deal of this now, get a temporary increase in business and then lose the trust of your customers. I've been doing this for over 10 years, I'm not dumb.
If you don't believe me, that's fine. Don't purchase it, see where things stand in 4 months and then you can decide if I'm full of it. I'd press you to go through my entire post history and see where I've lied about anything. I told people when I got the first visit that it would be months before something happened.
#23
Posted 30 August 2010 - 07:39 PM
I'm going to make a fight for that, but you're dealing with a gray area. Not many want to fight with FDA, mainly due to costs. It's not worth 40k for me to prove it's legal, possibly, then never come close to making that amount of cash. I'm going to make a simple argument and see how they respond. If they push back, I'm done. BTW, no coupon needed, will have it a flat 20% off for everyone on piracetam.
Incidentally, it may well be worth the 40k to put up a fight. I will fight it if the FDA questions us on it.
Not for me. While long term it would be, I have other projects. Yes, I sell a lot of piracetam, but by no means would I go out of business if it stopped tomorrow. Would it suck, yes. I've been involved in tons of litigation over the past 10 years. Sometimes it's just not worth it to deal with it. I have a PHD throwing a letter together now for defense. We'll see what they say and go from there.
#24
Posted 30 August 2010 - 07:46 PM
Edited by synapse, 30 August 2010 - 08:30 PM.
#25
Posted 30 August 2010 - 07:55 PM
#26
Posted 30 August 2010 - 08:11 PM
You are a supplier and stand to benefit from making up or exaggerating your story. You (and others) have often alluded to the risk of an imminent ban on piracetam, etc (IIRC) What is really going on? Why no official FDA statement?
Can you please post a scan of the letter?
Especially if his intention is to discontinue selling Piracetam anyway, it would be a great way to clear stock.
#27
Posted 30 August 2010 - 08:13 PM
#28
Posted 30 August 2010 - 08:51 PM
You guys are too paranoid. There is no way I'll sell my stock of inventory if not successful in defending this. I have over 10k/kg in stock with more on the way that I can't defer. I will have to destroy product no matter what. I will have to sell inventory at near costs just to help recoup SOME funds. TRUST ME, this is not what I want on any level. Why would I want to discontinue something I'm selling so much of? Makes no sense.
I hope that you not crying wolf here Mike. You have posted similar "piracetam ban" messages in the past and I can see why some of the members may be a little suspicious. If you strongly felt that piracetam was going to be banned in the past, it's difficult to reason why you would buy 10,000 kgs.
#29
Posted 30 August 2010 - 09:26 PM
If I thought the FDA was planning on banning but had not yet made the step, I'd continue production. We have been suspecting the hormone ban in the bodybuilding community for over a year and even know which were to be banned. But as referenced it took a year to actually occur.
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#30
Posted 30 August 2010 - 09:39 PM
The US market is only one game in town and getting smaller seemingly everyday. The FDA can overegulate the supplement industry to death to help appease their big pharma lobbyists, but naturally based medicine will live far longer that the US FDA.
Edited by synapse, 30 August 2010 - 09:43 PM.
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