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False

In Prospera, experimentation is carried out without control or safety: False

By Próspera Team2 min read

Fact-Checking: False

Several publications on social networks and in traditional media point out that in the territory of Prospera ZEDE experiments are carried out without control. Thus, Report without fear states: “ZEDE Prospera experiments with humans without regulations”.

First, Honduras Próspera Inc. does not operate experimental medical facilities, although several companies located in the ZEDE territory develop clinical trials. Clinical trials are part of the healthcare industry, which is considered in the ZEDE.a traditionally regulated industry. This means that there is a whole set of regulatory requirements that apply to participants in the healthcare industry. While the applicable regulatory system is designed to promote innovation and entrepreneurship, and avoid onerous compliance requirements, it is still a strong safety protection. Anyone who threatens harm or violates the law may be required to do so by Prospera ZEDE agencies or (e)Residents. Anyone who causes harm by violating their legal duties through a clinical trial exposes themselves to three times the damages and an investigation, unless they are operating in good faith compliance with the regulatory framework of one of the thirty-six recognized Best Practice countries (including the U.S. FDA) or an approved best practice regulation (such as Prospera's Health Services Regulation A, which is heavily influenced by FDA standards). Compliance with these prescriptive regulations is overseen by the Prospera Health Industry Committee, composed of international medical experts.

Regulatory insurance is required and compliance must be periodically certified by experts in the field and must be verified by insurance auditors; otherwise, the supplier faces suspension or closure. Companies can choose a regulatory framework from an established OECD country that best suits their innovation. These frameworks have proven records of balancing innovation and safety.

More information in this link of the Honduras Próspera website, with the regulatory system that operates in Próspera.

In this blog, you will find more information in this link.

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