Medical device maker Cur adds disclaimers to crowdfunding site after questions about FDA rules

Post from http://www.danieluk.net

Earlier today, The Verge published a report about Cur, a company that launched a $ 50,000 crowdfunding campaign yesterday for a medical product — also called “Cur” — that has yet to gain FDA clearance. The story outlined the risks that Cur was running by going against FDA regulations that prohibit advertising and selling a product directly to consumers prior to obtaining FDA clearance. The story also outlined the difficulties that officials may face when trying to regulate campaigns that provide a “reward” in return for a “donation” from “investors” — instead of selling a product to consumers.

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Medical device maker Cur adds disclaimers to crowdfunding site after questions about FDA rules http://www.danieluk.net/news/medical-device-maker-cur-adds-disclaimers-to-crowdfunding-site-after-questions-about-fda-rules/