Bioelectronics Corp (BIEL)

[dr_lowenstein]

yes, even snake oil "worked" in some cases. This is the power of persuasion and sometimes referred to as the placebo effect.

Summary:
A new study is the first to demonstrate beneficial placebo effect for lower back pain sufferers who knew they were taking 'fake pills.' Patients who knowingly took placebos reported 30 percent less pain and 29 percent reduction in disability compared to control group. 'Open-labeling' addresses longtime ethical dilemma, allowing patients to choose placebo treatments with informed consent.