Food And Drug Administration-Health Care Giant-Company Hundreds-Drug Shortages-Consumer Trust

FDA acts to stem shortages of two cancer drugs

SILVER SPRING, Maryland (Reuters) - The U.S. Food and Drug Administration said it will resolve a potentially life-threatening shortage of two leading cancer drugs by allowing one of them to be imported from abroad and rushing approval for a new manufacturer to make the second. The moves announced on Tuesday mark the latest government effort to address severe drug shortages. More than 200 medicines were in short supply in 2011 and doctors and patient advocates say the crisis has forced providers to postpone care or use second-best or costlier alternatives. ... read more..

source:http://yhoo.it/wMx1cq

Johnson "Johnson CEO Bill Weldon retires in April

Johnson & Johnson's longtime CEO Bill Weldon is stepping down as the health care giant's top executive after an embarrassing string of recalls of everything from Tylenol to Benadryl that has cost the company hundreds of millions of dollars and consumers' trust. read more..

source:http://yhoo.it/y1HMzO