In Brief: Women's Health Orgs Back Feinstein Bill; Federal Microbeads Ban Gains Support
This article was originally published in The Rose Sheet
Executive Summary
The Personal Care Products Safety Act has the support of 13 national health organizations, which sent a June 25 letter to the bill's sponsor and the Senate Health Committee welcoming federal oversight reform in the sector. More news in brief.
You may also be interested in...
P&G Beauty Businesses Could Be Going Coty's Way, Insiders Say
Coty could soon be the new owner of P&G's Wella and Clairol hair-care businesses, CoverGirl and Max Factor makeup lines and prestige fragrance licenses, significantly growing Coty's global beauty presence, under a deal rumored to be in the works. Coty's stock jumped nearly 15% following reports that it has won an auction to purchase the brands as part of P&G's streamlining initiative.
In Brief: Federal Microbeads Bill Advances; Avon Buyout Hoax? More
The Microbead-Free Waters Act of 2015 was approved via voice vote by the House Energy and Commerce Health Subcommittee May14; Avon says it has not received a buyout offer from PTG Capital Partners despite a May 13 SEC filing from the firm indicating as much. More news in brief.
Chinese Firms Up Their Game In Novel Flu Antiviral Development
Joincare Pharmaceutical and partner TaiGen Biotechnology tout preliminary Phase III results in uncomplicated acute influenza for TG-1000, a homegrown follower of Shionogi/Roche’s oral antiviral Xofluza. Novel antivirals for flu were hotly pursued by Chinese developers throughout 2023.