This diluted liquid, mostly water or alcohol is poured over small glucose balls that are to be consumed several times a day. A practice of validation through repetition of 4-5 doses a day, that may induce a placebo like effect- something that may be holding the value of homeopathy till this date. Several highly reputable scientific journals such as the list below have published studies that confirm time and again that the homeopathy method of treatment may work as placebo and there may not be any scientific basis for it.
Shang, Aijing, et al. “Are the clinical effects of homeopathy placebo effects? Comparative study of placebo-controlled trials of homeopathy and allopathy.” The Lancet 366.9487 (2005): 726-732.
Conclusion: Biases are present in placebo-controlled trials of both homeopathy and conventional medicine. When account was taken for these biases in the analysis, there was weak evidence for a specific effect of homoeopathic remedies, but strong evidence for specific effects of conventional interventions. This finding is compatible with the notion that the clinical effects of homeopathy are placebo effects.
Nuhn, Tobias, Rainer Lüdtke, and Max Geraedts. “Placebo effect sizes in homeopathic compared to conventional drugs–a systematic review of randomised controlled trials.” Homeopathy 99.1 (2010): 76-82.
Conclusion: Placebo effects in RCTs on classical homeopathy did not appear to be larger than placebo effects in conventional medicine.
Also, the Australian NHMRC, Australian National Health and Medical Research Council, after analysing over 1800 scientific papers has concluded that homeopathy “relies on super-diluted substances” and has given the final verdict on the ineffectiveness of homeopathy as a treatment based on evidence based practice in a variety of clinical conditions. In essence, it concluded that there is no scientific basis for homeopathy and no quality evidence of its efficacy.