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Ros's Feed
Nov 8, 2013

FDA seeks to ban trans fats in processed foods due to health risks

BOSTON/WASHINGTON (Reuters) – The U.S. Food and Drug Administration on Thursday proposed banning artificial trans fats in processed food ranging from cookies to frozen pizza, citing the risk of heart disease.

Partially hydrogenated oils, the primary dietary source of the fats, have been shown to raise “bad” cholesterol. Reducing the use of trans fats could prevent 20,000 heart attacks and 7,000 deaths from heart disease a year, the FDA said.

Nov 7, 2013

U.S. FDA moves to ban trans fats, citing health risks

WASHINGTON (Reuters) – The U.S. Food and Drug Administration on Thursday proposed banning artificial trans fat in processed food, a move that was welcomed by public health advocates but which rattled vegetable oil markets and pushed prices down sharply.

The FDA said reducing partially hydrogenated oils (PHOs) from the American diet could prevent 7,000 deaths from heart disease each year.

Nov 4, 2013

Johnson & Johnson to pay $2.2 billion to end U.S. drug probes

WASHINGTON (Reuters) – In one of the largest health care fraud settlements in U.S. history, Johnson & Johnson will pay $2.2 billion to end civil and criminal investigations into kickbacks to pharmacists and the marketing of pharmaceuticals for off-label uses, U.S. Attorney General Eric Holder said on Monday.

The resolution of the long-running case covers the marketing of the anti-psychotic drugs Risperdal and Invega and the heart drug Natrecor over several years.

Nov 4, 2013

Johnson & Johnson to pay $2.2 bln to end US drug probes

WASHINGTON, Nov 4 (Reuters) – In one of the largest health
care fraud settlements in U.S. history, Johnson & Johnson
will pay $2.2 billion to end civil and criminal
investigations into kickbacks to pharmacists and the marketing
of pharmaceuticals for off-label uses, U.S. Attorney General
Eric Holder said on Monday.

The resolution of the long-running case covers the marketing
of the anti-psychotic drugs Risperdal and Invega and the heart
drug Natrecor over several years.

Oct 29, 2013

Tech companies seek fast action on U.S. ‘patent troll’ bill

WASHINGTON, Oct 29 (Reuters) – Technology companies on
Tuesday urged fast action on a patent reform bill in testimony
before the House Judiciary Committee, including tackling what
they termed the rising tide of costly lawsuits by “patent
trolls.”

The Innovation Act, introduced last week by Representative
Bob Goodlatte, a Virginia Republican who chairs the committee,
aims to increase transparency and accountability in the patent
litigation system.

Oct 29, 2013

Technology companies urge action on ‘patent trolls’ in U.S. patent bill

WASHINGTON (Reuters) – Technology companies on Tuesday urged fast action on a patent reform bill that tackles key aspects of the U.S. patent system, including the rising tide of abusive lawsuits by so-called “patent trolls.”

The “Innovation Act,” introduced last week by Rep. Bob Goodlatte, a Virginia Republican who chairs the House Judiciary Committee, aims to increase transparency and accountability in the patent litigation system.

Oct 29, 2013

Tech companies urge action on “patent trolls” in U.S. patent bill

WASHINGTON, Oct 29 (Reuters) – Technology companies on
Tuesday urged fast action on a patent reform bill that tackles
key aspects of the U.S. patent system, including the rising tide
of abusive lawsuits by so-called “patent trolls.”

The “Innovation Act,” introduced last week by Rep. Bob
Goodlatte, a Virginia Republican who chairs the House Judiciary
Committee, aims to increase transparency and accountability in
the patent litigation system.

Oct 16, 2013

GM to sell car next year powered by gasoline or natural gas

WASHINGTON (Reuters) – General Motors Co will begin selling a mid-sized sedan next summer that can be powered by either gasoline or compressed natural gas, the U.S. automaker’s chief executive said on Wednesday.

The 2015 Chevrolet Impala, GM’s first car powered by natural gas, will feature a powertrain that switches from compressed natural gas to gasoline seamlessly and has a total driving range of up to 500 miles, Dan Akerson said in a speech to be delivered at an energy summit in Washington.

Oct 7, 2013

Hundreds sickened in U.S. from salmonella outbreak linked to raw chicken

WASHINGTON (Reuters) – Hundreds of people in 18 states have become sick from a salmonella outbreak linked to raw chicken products made at three California plants owned by Foster Farms, the U.S. Department of Agriculture said on Monday.

“The outbreak is continuing,” USDA’s Food Safety and Inspection Service said in a statement.

Sep 27, 2013

U.S. removes roadblock to Actavis-Warner Chilcott deal

WASHINGTON (Reuters) – Federal regulators on Friday removed a roadblock to drugmaker Actavis Inc’s purchase of Warner Chilcott Plc after Actavis agreed to sell all rights and assets related to three oral contraceptives and an osteoporosis treatment.

The Federal Trade Commission said it settled charges that the $8.5 billion deal would be anticompetitive because of the companies’ stranglehold on certain drugs.

    • About Ros

      "Ros Krasny is Boston Bureau Chief, leading coverage of the New England scene. She was previously a regional Federal Reserve correspondent based in Chicago, and spent many years writing about agricultural commodity markets with Bridge News and Knight-Ridder Financial news."
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