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Food & Beverage

Craft Brewers Can Still Distribute Under Illinois Bill

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According to the Associated Press, an Illinois bill would allow craft beer brewers to distribute their own beer, reversing a court ruling to stop that practice. Only craft breweries could
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Par Pharma Acquires Generic Drugmaker Edict for $37.6 Million

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Generic drug developer Par Pharmaceutical Companies Inc. will buy privately held Edict Pharmaceuticals for up to $37.6 million in cash, according to the Associated Press. Edict, based in Chennai, India,
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Kraft to Pay $8.1 Million to Settle Pollution Lawsuit

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Kraft Foods Inc. will pay $8.1 million to settle a class-action lawsuit over pollution at a former factory in Attica, Ind., according to the Associated Press. The lawsuit, filed in
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FDA Expands Pfizer Drug Approval for Rare Cancer

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The Food and Drug Administration has expanded approval of a Pfizer drug to treat a rare form of pancreatic cancer, according to the Associated Press. The agency said it cleared
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Tyson Foods Says U.S. Demand for Protein Improving

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Newswire reports that Tyson Foods, Inc., told investors at the BMO Capital Markets 2011 Farm to Market Conference that sales of chicken, beef and pork improved in the past two
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FDA Panel to Weigh Revoking Key Use of Abbott Drug

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A panel of advisers to the Food and Drug Administration will consider whether to revoke a key indication from Abbott''s blockbuster cholesterol drug Trilipix, according to the Associated Press. Trilipix
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J.M. Smucker Completes Acquisition of Rowland Coffee Roasters

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According to Bloomberg, JM Smucker Co., has completed the acquisition of Rowland Coffee Roasters Inc.’s coffee brands and business operations for $360 million. The purchase of the Miami-based seller of
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Pfizer Seeks US, Japan Approval of Cancer Drug

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According to the Associated Press, Pfizer Inc. said that the Food and Drug Administration accepted its application for the experimental lung cancer treatment crizotinib, one of its key drug candidates.
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Frito-Lay Sued Over Alleged Metal Objects in Chips

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Reuters reports that a woman has filed suit against Frito-Lay and Costco for at least $50,000, charging that the Ruffles potato chips she ate contained some objects such as straight
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Ivory Coast Makes First Cocoa Export Since January

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According to the Associated Press, port officials have loaded Ivory Coast''s first shipment of beans in several months as the world''s largest cocoa producer resumed exportation now that the democratically
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