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Roche warns of counterfeit cancer drug in US Updated: 1 hr ago | Comment on this article Leave a comment WASHINGTON (AP) — The maker of the widely prescribed cancer drug Avastin is warning doctors and patients about counterfeit vials of the product that have been distributed in the U.S. Roche's Genentech unit said Tuesday that the fake products do not contain the key ingredient in Avastin, which is used to treat... Read More
End to children's cancer drug shortage is unclear Updated: 2 hr ago | Comment on this article Leave a comment TRENTON, N.J. (AP) — A severe shortage of a childhood cancer drug should ease before hospitals run out of it in a couple weeks, a top federal regulator said Tuesday. But the companies that make the drug are giving few details about how they will find a long-term solution to end the problem. Valerie Jensen,... Read More
Judge sets 1st hearing for diabetes drug lawsuits Published: Tue, Feb 14, 2012 | Comment on this article Leave a comment NEW ORLEANS (AP) — A federal judge in Louisiana has scheduled an initial court hearing for a batch of lawsuits that claim a top-selling diabetes drug, Actos, carries an increased risk of bladder cancer. In an order issued Monday, U.S. District Judge Rebecca Doherty said she plans to appoint lead attorneys for... Read More
Biogen Idec to pay up to $562.5M for Stromedix Published: Tue, Feb 14, 2012 | Comment on this article Leave a comment NEW YORK (AP) — Biogen Idec Inc. said Tuesday it will pay as much as $562.5 million to acquire Stromedix Inc., a biotechnology firm that is developing treatments for conditions like idiopathic pulmonary fibrosis. Biogen said it will pay $75 million upfront, and it could pay as much as $487.5 million more based... Read More
Mass. hospitals sound warning on drug shortages Published: Mon, Feb 13, 2012 | Comment on this article Leave a comment BOSTON (AP) — Chronic shortages of prescription drugs are compromising the quality and safety of patient care and driving up health care costs by forcing doctors and hospitals to purchase scarce medications at exorbitant markups, medical experts told a legislative panel Monday. "The amount of time and effort... Read More
FDA shuts down New Jersey dental products company Published: Mon, Feb 13, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — Federal health officials say a New Jersey company has been legally barred from making and selling a variety of dental products due to violations at its manufacturing facility. The Food and Drug Administration says a court order against Accurate Set requires the company to discontinue operations... Read More
Obama budget seeks to boost trade enforcement Published: Sat, Feb 11, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — President Barack Obama's new budget proposal will ask Congress to devote millions for a new trade enforcement center and more U.S. inspectors in China as the administration takes aim at unfair trade practices. That's according to a senior administration official speaking anonymously ahead of... Read More
Bill to ban use of human fetuses in food criticized Published: Sat, Feb 11, 2012 | Comment on this article Leave a comment Regarding “Bill would outlaw fetal stem cells in food testing” (News, Feb. 25): Sen. Ralph Shortey, R-Oklahoma City, filed a bill to ban “the use of aborted human fetuses in food.” Allegedly, he came up with this idea from exposure to the Internet. The problem is a lot of those snobs on the coasts are... Read More
FDA outlines path for lower-priced biotech drugs Updated: Thu, Feb 9, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — The Food and Drug Administration is preparing to review the first lower-cost versions of biotech drugs, expensive medications which have never before faced generic competition. The guidelines issued by the FDA on Thursday are the final step in a decades-long effort to lower the price of biotech... Read More
Death row inmates sue to stop drug importation Published: Thu, Feb 9, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — Death row inmates are suing to stop the importation of a drug used in executions. Attorneys for the prisoners in Tennessee, Arizona and California argued before U.S. District Judge Richard Leon on Thursday that the Food and Drug Administration is breaking the law by allowing sodium thiopental... Read More
FDA panel votes against Xgeva for prostate cancer Updated: Wed, Feb 8, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — A panel of cancer experts voted against a new use for Amgen's Xgeva in prostate cancer on Wednesday, saying the drug's ability to slow the spread of the disease did not translate into meaningful benefits for patients. The Food and Drug Administration's cancer drug panel voted 12-1 that the... Read More
Getting caffeine fix as easy as taking deep breath Updated: Wed, Feb 8, 2012 | Comment on this article Leave a comment CAMBRIDGE, Mass. (AP) — Move over, coffee and Red Bull. A Harvard professor thinks the next big thing will be people inhaling their caffeine from a lipstick-sized tube. Critics say the novel product is not without its risks. The product, called AeroShot, went on the market late last month in Massachusetts and... Read More
Pa. vending machine dispenses 'morning-after' pill Updated: Tue, Feb 7, 2012 | Comment on this article Leave a comment Students at Shippensburg University in Pennsylvania can get the "morning-after" pill by sliding $25 into a vending machine, an idea that has drawn the attention of federal regulators and raised questions about how accessible emergency contraception should be. The student health center at Shippensburg, a secluded... Read More
Wal-Mart debuts 'Great for You' seal Updated: Tue, Feb 7, 2012 | Comment on this article Leave a comment NEW YORK (AP) — You may like the food you buy, but is it "Great for You"? Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand foods. The green and white seal, which shows the stylized outline of a human... Read More
FDA grants priority review to Salix treatment Published: Tue, Feb 7, 2012 | Comment on this article Leave a comment RALEIGH, N.C. (AP) — Salix Pharmaceuticals Ltd. said Tuesday that the Food and Drug Administration granted a priority review to its potential treatment for HIV-associated diarrhea. The Raleigh, N.C., company had submitted the oral treatment, crofelemer, to regulators for review in December. A priority review is... Read More
Business Highlights Updated: Mon, Feb 6, 2012 | Comment on this article Leave a comment ___ Corporate profits aren't what they seem NEW YORK (AP) — Is the great profit engine of corporate America running out of steam? While other parts of the economy struggled the past two years, large companies managed to rack up higher profits quarter after quarter. Now reality is catching up with big business.... Read More
FDA questions Amgen drug for prostate cancer Updated: Mon, Feb 6, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — Scientists for the Food and Drug Administration say that an Amgen drug slowed the spread of cancer to the bone in men with hard-to-treat prostate cancer, though the drug did not extend life and carried significant side effects. The Food and Drug Administration will ask a panel of outside... Read More
Latest illnesses point to raw milk's popularity Updated: Fri, Feb 3, 2012 | Comment on this article Leave a comment WASHINGTON (AP) — An outbreak of bacterial infections on the East Coast illustrates the popularity of raw, unpasteurized milk despite strong warnings from public health officials about the potential danger. Even presidential candidate Ron Paul has joined the cause of consumers looking to buy unprocessed "real... Read More
Minnesota food company recalls eggs in 34 states Published: Fri, Feb 3, 2012 | Comment on this article Leave a comment MINNETONKA, Minn. (AP) — A Minnesota food company said Friday it is recalling more than a million hard-cooked eggs distributed to 34 states after testing revealed some may be contaminated with listeria. Some 15,000 pails of eggs in brine, sold for institutional use, are being recalled, Michael Foods spokeswoman... Read More
Minnesota food company recalls eggs in 34 states Updated: Fri, Feb 3, 2012 | Comment on this article Leave a comment MINNETONKA, Minn. (AP) — A Minnesota food company said Friday it is recalling more than a million hard-cooked eggs distributed to 34 states after testing revealed some may be contaminated with listeria. Some 15,000 pails of eggs in brine, sold for institutional use, are being recalled, Michael Foods spokeswoman... Read More
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