The U.S. Food and Drug Administration (FDA) first issued a warning in May 2011 that SimplyThick, a thickening agent, should not be fed to premature infants due to the possibility that it may cause necrolitzing enterocolitis (NEC), a...
AstraZeneca and Nexium Update
Last year AstraZeneca sold the marketing rights to its over-the-counter (OTC) version of Nexium to Pfizer Inc. due to declining revenues, for $250 million. AstraZeneca will receive royalty payments from Pfizer for the OTC version, as well as...
Hyundai and Kia Face Another Recall!
We just reported to you about the mileage debacle facing Korean automakers Hyundai and Kia, when they misstated the miles per gallon on many models of their cars, and now they are recalling approximately 1.9 million vehicles to fix problems with...