Cur is Crowdfunding a Medical Device That Isn't Cleared by the FDA, And That's a Problem

A company called Cur is developing a promising new pain-relieving product, according to Mashable, Fast Company, and PC World. Problem is, the company is doing it by launching a $50,000 crowdfunding campaign on its own website prior to filing for the necessary FDA clearance. The move could doom the product before it ever hits the market — or it could point to a glaring loophole in FDA regulations. If funding a product in anticipation of receiving said product doesn't count as a purchase, then the field of medical device regulation is about to get really messy.

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