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Black Friday
Last Friday, many of us honored the official start of the holiday shopping season by flocking to stores for the promise of finding great gifts at door-busting prices.
What you may not know is that there's more than one "Black Friday." Originally the moniker referred to a Sept. 24, 1869, stock market catastrophe. On that day, after a period of rampant speculation, the price of gold plummeted, and the markets crashed. (It is definitely the less fun of the two same-named events.)
Knowing this, I worry about the potential for a third Black Friday, one where our compounding world crashes like the market did in 1869.
I worry for the day when we lose our ability to compound desiccated thyroid extract for our patients. I also worry for when the FDA determines that cBHT is “demonstrably difficult” to compound, and our patients' health and well-being are threatened. Most of all, I worry for the day when compounding ceases to exist because our voices were dimmed by the louder ones that opposed us.
The potential for a compounding-specific Black Friday lurks in the background and I don't want us to stand by idly with our hands in our pockets.
Modern-day Black Friday encourages us to spend money on things for ourselves and our loved ones, which we enjoy doing. But we need to use our money to ensure future Black Fridays continue to be the good kind.
Here is my ask and challenge: Would you invest 10% of what you spent during this year's Black Friday or Cyber Monday to help ensure that we don’t endure the tragic and unfathomable world where your profession does not exist? Here are three opportunities for you to invest in compounding's future success. You are welcome to contribute to one...or all:
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Save cBHT, our campaign to protect patient access to compounded hormones
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CompPAC, APC's political action committee
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OneFund, which helps pay for APC’s critical advocacy apparatus
– Dave
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