Biological activity of Spirulina platensis - (Jan/08/2013 )
Do Spirulina platensis have any hormone regulation and anti inflammatory effect?
Did you check out this wikipedia article ? http://en.wikipedia.org/wiki/Spirulina_%28dietary_supplement%29 It seems to be a quite informative overview. Otherwise I found some studies by searching on PubMed (http://www.ncbi.nlm.nih.gov/pubmed) that might be worth taking a look at.