I would not put something inside my body that an individual pharmacist compounded. There is essentially no regulation of their labs for safety, purity, etc.
That said, there actually are a lot of complementary and alternative therapies that do work. Unfortunately there has not been adequate research in part because there is no incentive for the people who market these therapies to do the research and as a result one can not always tell the difference between snake oil and something that can help a condition.