Consent Decree Shuts Down Utah Supplement Marketer After FDA Allowed Five Years To Comply
Anti-aging Supplement Firms Refund $1.1M Following FTC Complaint
Three warnings during inspections, a warning letter and meeting with FDA officials didn’t stop Grandma’s Herbs from using drug claims. FTC reimburses consumers who bought three supplements deceptively marketed as treatments for pain and other health conditions related to aging.
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House already passed legislation to amend Sec. 13(b) of FTC regulations and make explicit its authority to obtain injunctive and equitable relief in court, but differences in Democrat and Republican commission appointees' views on the authority was a key topic of discussion during a recent Energy and Commerce hearing.
Perrigo largely has resolved distribution problems, but shipping freight costs still are much higher than pre-pandemic and it must divest a wound-care brand before US regulators sign off on acquisition of HRA Pharma, says CEO Murray Kessler during J.P. Morgan conference.
“We are positioned to move forward with either the Bausch + Lomb or Solta IPO quickly when market conditions are right for each of them,” CEO Joseph Papa says at J.P. Morgan conference, but the firm’s “next step” in the process of separating the two businesses was filing with the SEC an IPO registration for Bausch + Lomb.