March, 2009Fisher-Price Recalls 3-in-1 High Chairs Due to Fall Hazard
The seat can fall backwards from high chair frame if the booster seat release is unlatched while the child is in the product. Also, the seat back can detach if not fully snapped in place, posing a fall hazard and risk of serious injury to young children.
Continue →Myfortic (mycophenolic acid)
Audience: Renal, cardiac, and hepatic transplantation healthcare professionals [UPDATE 03/24/2009] FDA and Novartis notified healthcare professionals of the introduction of a Myfortic Medication Guide to provide important safety information in…
$1 Billion in Madoff Assets Found So Far, House in France Could Be Seized Next
The court-appointed trustee charged with tracking down assets belonging to disgraced Wall Street money manager Bernard Madoff has found more than $1 billion so far as investigators turn their sights to the home Madoff owned in France. The update on the work by the trustee, Irving Picard, was given today by prosecutors appearing before the Manhattan federal court judge who is presiding over the Madoff case. In February, Picard had said he had at that point located about $946.4 million, …
Continue →Ripoff 101: Madoff Ponzi Scheme Sends SEC Agents Back to School
The Securities and Exchange Commission, which failed to detect a $65 billion Ponzi scheme run by Wall Street money advisor Bernard Madoff for nearly two decades, is sending its agents back to school to learn the basics of uncovering such financial scams. In light of the recent Madoff scandal, the largest such scam in Wall Street history, federal securities regulators say they are increasing training for staff members. The 90-minute refresher courses being offered to SEC workers include titles such …
Continue →FDA’s Rules for ‘Morning After’ Pill Blasted by Federal Court; Was the Agency Putting Politics Before Science?
The Food and Drug Administration must reconsider its position limiting access to the controversial “morning after” pill and give the contraceptive to 17-year-olds and younger without a prescription, a federal court said.
Continue →Hurricane Katrina Flooding Lawsuit OK’d For Trial
People who blame the U.S. Army Corps of Engineers for allowing devastating flooding caused by Hurricane Katrina can sue the government for property damage, a federal judge has ruled.
Continue →Drug Companies Support Splitting the FDA, But For the Wrong Reasons?
Add drug companies to the growing list of those who want to split the U.S. Food and Drug Administration in two and create a new federal agency to regulate new drugs and medical devices. But is the pharmaceutical industry’s heart in the right place? Members of Congress, consumer rights advocates, and others have said they support reassigning the duties of the FDA because they think doing so would improve the safety of the nation’s food supply or make the agency …
Continue →Downed Montana Plane Carrying More People Than Designed, Investigators Say
The single-engine plane that crashed in Montana over the weekend, carrying 14 passengers of one family, all of whom died, was only designed to carry up to nine passengers and two pilots, investigators say. Officials are looking into the possibility that added weight from the extra passengers, members of a California family heading to a ski vacation, and ski equipment on board the plane caused the Swiss-made PC-12 turboprop to crash on March 22, 2009. Pilot error, bad weather, and …
Continue →Researchers: Fortified Yogurt May Combat Most Stomach Ulcers and Chronic Gastritis
Yogurt that is fortified with a specific type of bacteria-fighting protein can prevent the formation of a common bug which causes most stomach ulcers and cases of chronic gastritis, new medical research says. The bacterium, called helicobacter pylori or H. pylori for short, also can lead to stomach cancer. Currently, antibiotics and acid suppressants are commonly used to get H. pylori out of the stomach, although scientists are always looking for better, cheaper ways of fighting the bacteria. Now, they …
Continue →Man Awarded $22.5 Million From Polio Vaccine Maker
A New York City man who contracted polio 30 years ago while changing his daughter’s diaper after the girl had been given an oral vaccine for the disease has been awarded $22.5 million from the maker of the vaccine. Dominick Tenuto was stricken with polio after coming into contact with his daughter’s stool while changing the diaper. The infant had been given the Orimune vaccine, made by Lederle Laboratories, which contained a live virus. Jurors in Tenuto’s lawsuit against the …
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