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Generics dent market share of brand-name drugs

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The growth of the generic drug market worldwide may turn out to be a long-term trend, experts say, as a number of studies show a stable decline in prescriptions of brand-name drugs last year.
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Federal government shutdown leaves hundreds of food facilities uninspected

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A vast majority of inspections at food manufacturing and processing facilities have been suspended as a consequence of the federal government shutdown.
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Golden State Foods acquires KanPak U.S.

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Irvine, Calif.-based food processor and distributor Golden State Foods has acquired controlling interests in KanPak U.S., a supplier of beverages and desserts using aseptic processing technology.
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Transparent packaging good for small foods, opaque better for bigger foods

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Consumers show a preference for transparent packaging of food products over opaque packaging options for certain food categories, but when it comes to healthy foods they tend to shift away if those are offered in clear packages, results from new research suggest.
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Global processed meat market to reach $799 billion by 2018

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Fueled by rising demand for high-quality and ready-to-eat meat products, the global processed meat market is predicted to expand by a compound annual growth rate of 14.3 percent over the next five years, reaching $799 billion.
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Two in three Americans support Keystone Pipeline

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According to a recent poll by the Pew Research Center, almost two in three Americans support the construction of the Keystone XL pipeline that would transport crude from Canada to Texas.
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Total Petrochemicals to pay $8.75 million fine for emissions limits violations

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The U.S. Environmental Protection Agency has reached an agreement with Total Petrochemicals over the 2007 violations at the Port Arthur refinery. Under the terms of the agreement Total will have to pay a fine of $8.75 million.
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Shell names Louisiana as potential location for $12.5 billion plant

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Oil giant Royal Dutch Shell is considering building a brand new plant in Louisiana that will convert natural gas into diesel and jet fuel.
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Global petrochemical market estimated to reach $791 billion by 2018

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According to a new report by Transparency Market Research, the global petrochemical market is estimated to reach a total value of just over $791 billion by 2018, up from $472.06 billion in 2011.
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FDA publishes finalized guidance on medical apps

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The FDA will not be regulating the majority of medical apps because they pose very little health risk to patients, but will instead adopt a "risk-based approach."
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