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Food & Beverage

FDA turns down application for combo allergy drug

April 28, 2008
According to the Associated Press, the Food and Drug Administration has turned down an application by two drugmakers to produce an allergy drug combining the active ingredients of their popular
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Poultry plant to open in NC, bring 1,500 jobs

April 28, 2008
The Associated Press is reporting that a Mississippi-based poultry company said it will build a new processing plant, feed mill and hatchery in Kinston, creating 1,500 new jobs.Sanderson Farms said
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Mars and Buffett team up to buy Wrigley

April 28, 2008
M&M''s candy maker Mars Inc has teamed up with billionaire Warren Buffett to buy Wm Wrigley Jr Co., the world''s largest chewing gum maker, for $23 billion, creating the world''s
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Tyson Foods to close Nebraska plant and cut 110 jobs

April 21, 2008
Tyson Foods Inc. says it will close its processing plant in York and eliminate 110 jobs there as part of an effort to improve efficiency, the Associated Press reported.Tyson announced
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Pilgrim''s Pride to Curb Processing

April 16, 2008
According to the Associated Press, Pilgrim''s Pride Corp. plans to reduce chicken processing by about 5 percent in the next six months to cut costs amid higher feed prices, the
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FDA Investigates Transplant Drugs'' Risks

April 14, 2008
The Associated Press is reporting that regulators are exploring whether organ transplant drugs made by Roche and Novartis increase the risk of an often-fatal neurological disease.The Food and Drug Administration
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Analyst Predicts Possible Corn Rationing in 2008

April 2, 2008
The Associated Press is reporting that a BB&T Capital Markets analyst said recently that corn rationing may be necessary this year, following a U.S. Department of Agriculture report predicting farmers
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Wyo. Ranchers Wary of Consolidation

March 31, 2008
The Associated Press is reporting that Wyoming cattlemen concerned about consolidation in the meatpacking industry said they''re worried by a Brazilian company''s bid to buy out two rivals and become
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Britain Wants More Info From Drugmakers

March 26, 2008
The Associated Press is reporting that Britain plans to require pharmaceutical companies to share more information with regulators about clinical trials after an investigation recently concluded that GlaxoSmithKline PLC deliberately
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FDA Issues Warning on J&J''s HIV Drug

March 24, 2008
According to the Associated Press, health regulators have warned doctors about a possible link between a Johnson & Johnson HIV drug and potentially fatal liver damage.The Food and Drug Administration
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