Liability shield products.

Defines a "liability shield product" as a certain type of product that has been designated as immune from liability under federal law. Requires a liability shield product to undergo a placebo controlled study before it is distributed, manufactured, marketed, or administered. Requires: (1) the Indiana department of health to monitor and publish certain information; and (2) certain entities to submit documentation and compliance reports; concerning liability shield products. Allows the attorney general or a private individual to bring an action if the requirements concerning liability shield products are not met.