This is what I found on it:
Lipostabil, otherwise known as Flab jab, Lipodissolve or Fat away, is a controversial new treatment for reducing fat. Using a tiny needle it's injected directly into the skin and if you believe the claims, the fat simply melts away.
So, what is this miracle jab? Lipostabil is a soya-based product, developed over 50 years ago for intravenous use to treat fat embolisms or fat blockages in the blood.
But now it's being used cosmetically – something the UK medical authorities find worrying. It was not designed to be injected into double chins or wobbly knees and until it's been proved safe, doctors using it could be putting their patients at risk. Even the manufacturers themselves warn against injecting Lipostabil under the skin.
Earlier this year the MHRA (Medicines and Healthcare products Regulatory Agency) issued strong warnings about the safety and effectiveness of Lipostabil.
Also found a letter from the FDA to a company advertising this stuff threatening lawsuit because there are no studies on this stuff for what they are advertising it for.
Who is gonna test it first??