Firm Announcements

Pharmaceutical

Seventy-eight percent of people would accept a generic version of their brand name medication if it were offered to them by their doctor or pharmacist, yet many say they do not have information about what generic medicines are and when they might be used, according to the Irish Medicines Board.




Pharmaceutical

Thia Moore found out the difference between brand name and generic drugs the hard way. The 47-year-old had suffered from daily seizures since she was mugged as a teenager. She controlled them with a combination of anti-seizure medications. Then her insurance company switched her to the generic version of the drugs. That's when her seizures became more frequent.




Environmental

The Environmental Protection Agency (EPA) announced today that it has developed a proposal that would establish national guidelines for the storage of toxic coal ash. Coal ash is the sludge produced from coal-burning power plants. The material was never listed as hazardous and thus never fell under government regulations. However, the December 2008 coal ash spill from an east Tennessee fossil fuel plant turned the spotlight on the safety of coal ash.




Personal Injury

The energy industry fought federal regulators, safety advocates, and environmental activists for promoting policies that would enhance the safety of workers and reduce the risk of environmental harm before the massive Deepwater Horizon rig exploded last week and sank into the Gulf of Mexico.




Pharmaceutical

Mylan Pharmaceuticals was named one of the top five companies of the Pharmaceutical Industry by Zacks Investment Research. The pharmaceutical companies were chosen based on their dept-to-equity ratio, which placed Mylan at 4.9x based on total debt of $5.2 billion.




Pharmaceutical

There is much talk these days among a group of concerned citizens who rely on medication to control their seizure disorders. Some have found that switching to a generic version of a medication that had been controlling their seizures has resulted in side effects from severe headaches to an increase in the re-occurrence of their seizures. While these disabling symptoms can be dangerous and life threatening, they can also result in economic losses from having their driving privileges revoked to the inability to work or attend school. The drug in question is Keppra and its generic alternative Levetiracetam.




Community

Grant Enfinger coaxed his one-car, part-time ARCA car to sixth place in Friday's ARCA 250 at Talladega Superspeedway, but that first victory once again slipped away.  He had led the final 30 laps and took the white flag, one lap from victory, before getting freight-trained and ending up in sixth place.

 




Recalls

The LIFEPAK 15 monitor/defibrillator, a device used by trained medical personnel in emergency care settings to monitor patient heart rhythms and to treat patients experiencing cardiac arrest, is being recalled by the Food and Drug Administration (FDA) because the devices may unexpectedly shut off and on by themselves.




Recalls

Covidien has initiated a voluntary recall of certain lots of its cuffed Shiley tracheostomy tubes and Custom/Specialty tracheostomy tubes because the devices may have a defect that can render them dangerous in some situations.




Recalls

WASHINGTON, D.C. - The U.S. Consumer Product Safety Commission, in cooperation with Tropical Bedding Mfg., today announced a voluntary recall of mattress sets that fail to meet mandatory federal open flame standards. These mattress sets pose a fire hazard to consumers. Consumers should stop using recalled products immediately unless otherwise instructed.