news

Two previous attempts to regulate the natural health products industry with similar type legislation were withdrawn from parliament due to public pressure. These bills would have resulted in all small and medium sized health product manufacturers (the innovative sector) going out of business, because of excessive red tape and costs to comply, as well as capricious daily upper limits set on nutrients and not being able to truthfully convey the health benefits of products to consumers without undertaking multibillion dollar clinical trials.

Importers and suppliers of natural health products in New Zealand will be forced out of business if the Therapeutic Products Bill currently before Parliament is passed into law as it stands. The proposed legislation will make it too expensive for importers of natural health products to comply with regulations, forcing them out of business and directing consumer spending away from local providers in favour of the large, overseas online sellers.  The Natural Health Alliance chairman Paddy Fahy has been fielding comments from his membership (natural health products retailers, distributors and health practitioners) and who have voiced their concerns about the […]