The Latest Breaking News from FDA

Congressional lawmakers updated several spending bills and reports dealing with important issues in the cannabis and hemp industries. New documents published by the House Appropriations Committee address hemp manu

Eli Lilly and Company’s (LLY) new drug line-up is expected to generate higher revenues and earnings. Also, LLY’s robust earnings, favorable analyst estimates, and higher-than-industry profitability make it a promising investment option. Read on….

Problems for Abbott Laboratories' (NYSE: ABT) Sturgis plant in Michigan for baby formula powder refuse to subside. The FDA was recently notified of another infant's death who was given formula made at Abbott's Sturgis facility.

Last week, Rockwell Medical Inc (NASDAQ:RMTI) closed the second $7.5 million tranche of the previously announced DaVita Inc (NYSE:DVA) stock purchase agreement of up to $15 million in convertible preferred stock in two tranches.  This investment, in addition to the recently announced $15 million financings, brings the total gross amount raised by Rockwell this quarter to $30 million. …

The EU is banning food whitener titanium dioxide. It is the latest example of a chemical deemed unsafe in Europe that’s still used in the US

With pressure from Congress and health groups mounting, FDA may order Juul to take its products off the market this week.

The Biden administration this week launched a broadside against Big Tobacco in an effort to break its hold over millions of Americans. The Food and Drug Administration on Tuesday announced it will seek a rule forcing dramatic reduction in the amount of nicotine in cigarettes, to render them less addictive…

America’s science policies are changing. America’s scientists need to change with them. The recent controversies over the Food and Drug Administration’s accelerated approval of an Alzheimer’s treatment are a lesson in the costs of failing to do so.

The U.S. plans to start testing for monkeypox at five of the nation’s largest commercial laboratories, broadening its effort beyond government facilities in an effort to address rising case numbers, the Department of Health and Human Services said Wednesday.