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Food & Beverage

Teva Sued Over HIV Medicine Patent

According to Bloomberg, Teva Pharmaceutical Industries Ltd., the world’s largest generic-drug maker, was sued by a joint venture of GlaxoSmithKline Plc and Pfizer Inc. for infringing a U.S. patent
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Cargill Earnings Slip on Food Ingredients

According to MarketWatch, Cargill Inc. said Tuesday that fourth-quarter earnings slipped 7 percent on weakness in its food ingredients segment and energy trading. The company reported earnings for the quarter
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Metal Pumps for Food and Beverage

The Saniflo™ Series VC Metal Pump is designed to handle the most demanding solids-handling applications in the food and beverage industry. Saniflo VC pumps are air-operated, electrically controlled pumps that
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Cargill Recalling 36 Million Pounds of Ground Turkey

According to the Associated Press, Cargill is recalling 36 million pounds of ground turkey linked to a nationwide salmonella outbreak that has killed one person in California and sickened at
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Pfizer May Try to Market Over-the-Counter Lipitor

The Associated Press reports that Pfizer declined to comment on reports it hopes to start marketing an over-the-counter version of its cholesterol drug Lipitor, the world''s biggest-selling prescription drug, after
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Pilgrim''s Pride to Close Dallas Processing Facility by Late September

PRNewswire reports that Pilgrim''s Pride Corporation plans to close its chicken-processing plant in Dallas, Texas, within 60 days as part of its continuing effort to reduce costs and operate more
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Dairy Company Sells Farms to Chinese Firm

Feihe International Inc., formerly known as American Dairy, plans to sell its two dairy farms in China to a Chinese investment company, according to the Associated Press. The investment firm,
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Pilgrim''s Expands Voluntary Recall Due to Potential Listeria Contamination

According to PRNewswire, Pilgrim''s Pride Corporation is expanding last week''s voluntary recall of ready-to-eat chicken products due to potential contamination from Listeria Monocytogenes. The expanded recall involves approximately 7,072 pounds
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Cocoa Prices Fall as Ivory Coast Output Nears Record

Cocoa fell in New York on speculation supplies from top producer Ivory Coast will be larger than initially estimated, Bloomberg reported. Coffee and sugar slid. Output in Ivory Coast may
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Food and Beverage Companies Propose New Regulations for Advertising Toward Children

According to the Los Angeles Times, some of the nation’s largest food and beverage companies have proposed new self-imposed regulations to drastically restrict the kinds of products they advertise and
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