Here's an update from Orac at Respectful Insolence which includes part of what appears to be an email from CTI Science president Boyd Haley. According to that email:
...CTI Science has voluntarily agreed to remove OSR#1® from the market effective Thursday, 29 July 2010.If you were wondering why they're going to wait until July 29, Orac offers up an answer:
My question is this: Why don't Haley and CTI Science simply shut down production and sales now? Why sell OSR#1 for another week? My guess is that the answer is that Haley wants to milk his cash cow for one more week. All the quacks who "prescribe" or recommend OSR#1 to their clients will rush out to buy a boatload of the stuff before Haley cuts off the supply. It's pure profit, because the stuff costs only $0.25 per gram to synthesize. I don't know what Haley sells OSR#1 for wholesale, but Kathleen Seidel points out that certain retailers sell it for $60 to $105 for 30-100 mg capsules of OSR#1. That's right: $20 to $35 a gram--seriously righteous bucks, a markup of up to 14,000%. Given that the Univesity of Kentucky bore the costs of development, and the packaging and filler can't cost all that much...
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