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Food & Beverage

FDA Approves New Version of Abbott Labs Cancer Drug

Abbott Laboratories said that the Food and Drug Administration has approved a formulation of its prostate cancer treatment Lupron Depot that allows patients to receive treatment every six months, reports
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Colgate-Palmolive Completes $952 Million Sanex Deal

Colgate-Palmolive Co. has completed its $952 million purchase of the personal care brand Sanex from Unilever PLC, the company said Monday, reports the Associated Press. The deal strengthens Colgate''s positions
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Kellogg Gets Second FDA Warning on Listeria in Two Years

Bloomberg reports that a Kellogg cookie plant in Augusta, Georgia, was found to have a persistent strain of listeria during a February inspection, including on food-contact surfaces, according to a
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Bristol-Myers Gets FDA Approval on New Transplant Drug

The first new type of drug in more than a decade for keeping transplanted kidneys functioning won approval from federal regulators, according to the Associated Press. The Food and Drug
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Tyson Fined for Safety Violations

Zacks reports, the feed mill of Tyson Foods Inc. at Nashville, Ark., has been fined a sum of $70,000 for “willful” safety violations by The Occupational Safety and Health Administration
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Huntsman Company Pays $33 Million to Settle Lawsuit

The Associated Press reports, Huntsman International LLC recently agreed to pay the $33 million to settle a lawsuit alleging price-fixing suit filed by several competitors. The lawsuit accused Huntsman International
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Regeneron Drug Effectively Treats Vision Loss

Reuters reports, a proposed eye medicine from Regeneron Pharmaceuticals and Bayer AG was found by U.S. drug reviewers to be an effective way of treating vision loss from macular degeneration,
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Rank Makes $1.64 Billion Bid for Graham Packaging

Rank Group, owned by New Zealand''s richest man Graeme Hart, is the mystery bidder behind a $1.64 billion bid for Graham Packaging Co Inc., said a source familiar with the
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Some Chicken May Contain Small Amounts of Arsenic

The Food and Drug Administration said that some chicken meat may contain small amounts of arsenic, though the agency is stressing that the amount is too tiny to be dangerous
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Court Denies Injunction on Lilly in Amylin Case

According to the Associated Press, drugmaker Eli Lilly and Co. said that a federal court denied an Amylin Pharmaceuticals Inc. request for a preliminary injunction to keep Lilly from using
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