MEDICINE

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P&G ponders brand buys to keep China lead

Procter & Gamble Co, the world's top maker of household products, will consider brand acquisitions in China to shore up and expand its leading position among multinationals muscling into the booming but fractured domestic consumer goods market.

China tries charm to convince world its goods safe

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China went on a charm offensive on Wednesday to convince a skeptical world its products are safe, as a new poll in the United States found 78 percent of Americans were worried about the safety of Chinese goods.

Recalled Mattel toys topped U.S. legal lead limits

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Toymaker Mattel Inc's recent recalls involved toys that had nearly 200 times the amount of lead in paint as allowed by U.S. law, the company said in a letter released to a congressional subcommittee on Tuesday.
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U.S. envoys in China for talks on food, drug safety

A U.S. delegation will begin formal negotiations with Chinese officials in Beijing this week on deals to improve food and drug safety following a series of health scares that have shaken confidence in Chinese-made goods.
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EU allows Britain to resume nearly all meat exports

European Union veterinary experts agreed on Thursday to let all of Britain, except part of the county of Surrey, resume exports of live animals, meat and dairy products to other EU countries, the EU executive said.
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Russia bans Italian poultry to stop bird flu

Russia banned poultry imports from Italy starting Monday to prevent the spread of the bird flu virus after outbreaks in the EU member state, but Italy said the strain was not dangerous and the ban impact was negligible.
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U.S. orders genetic data on blood-thinner risks

Widely used blood thinner warfarin will come with new instructions explaining that people with certain genes may need a lower dose to take the drug safely, U.S. health officials said on Thursday.
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UK eases foot and mouth curbs after negative tests

Britain said on Wednesday it would ease restrictions on livestock movements and was likely to stand down vaccination teams after initial tests for foot and mouth disease at a farm and theme park proved negative.
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UK probes two new suspected foot and mouth cases

British authorities said on Tuesday they were investigating two new suspected cases of foot and mouth disease, raising fears that an existing outbreak of the livestock disease may not have been contained.
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China defends toy safety, says problems limited

Chinese-made toys are overwhelmingly safe and the number of unsafe products is dwarfed by the total export value, state media said on Friday, a week after Mattel pulled goods because of fears about lead in paint.
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UK's Brown says foot and mouth held to limited area

Prime Minister Gordon Brown reassured farmers on Friday that an outbreak of foot and mouth was restricted to a limited area of Britain and promised swift compensation for those hit by the livestock disease.
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FDA approves expansion of Lipitor label

The U.S. Food and Drug Administration has approved expanded use of Pfizer Inc's blockbuster cholesterol-lowering medicine Lipitor by five new categories, including one to reduce the risk of non-fatal heart attacks and strokes, the company said on Wednesday.
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U.S., Canada reviewing Nexium, see no heart risk

U.S. and Canadian regulators said on Thursday they were reviewing AstraZeneca Plc's widely used stomach drugs, Nexium and Prilosec, after data raised concern about heart problems with long-term use.
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China targets toy and drug manufacturers

China has banned two factories from exporting toys after a high-profile recall of Mattel products including Big Bird and Elmo because of fears about lead in paint.
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UK farmers resume slaughter

Farmers in Britain resumed sending animals to slaughter on Thursday after a ban on the movement of livestock to prevent an outbreak of foot and mouth disease from spreading was lifted in most of the country.
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Biocon, Neopharma partner for Middle-East foray

India's leading biotechnology enterprise, Biocon, has inked an agreement with Abu Dhabi-based Neopharma to establish a joint venture company NeoBiocon to develop specialty bio-pharmaceutical products and provide biotherapeutics for the United Arab Emirates (UAE) market.
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Glaxo diabetes drug should stay on market: U.S. panel

GlaxoSmithKline Plc's diabetes drug Avandia should stay on the U.S. market, even though data suggest it may increase the risk of a heart attack for some patients, an advisory panel said on Monday in a 22-1 vote.
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FDA scientist says pull Avandia

GlaxoSmithKline Plc's widely used diabetes drug Avandia should be pulled off the market, U.S. Food and Drug Administration scientist David Graham said in a presentation prepared for delivery on Monday.
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Medtronic to acquire Kyphon for $3.9 billion

Medical technology company Medtronic Inc. said on Friday that it would acquire Kyphon Inc. for $3.9 billion to expand its spinal treatment business. Medtronic will acquire all of medical device maker Kyphon's outstanding stock and pay about $71 per share in cash. The offer represents a 32 percent premium over Kyphon's closing price on Thursday, the company said.
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Mexico to use huge drug cash haul for addict rehab

Mexico will use $206 million confiscated in what officials call the world's biggest drug cash seizure to fund programs for addicts and strengthen the justice system, the government said on Thursday.
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FDA probing death in gene therapy trial

A patient who became ill following two experimental gene therapy injections for arthritis has died and U.S. health regulators are investigating the cause, officials said on Thursday.

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