In the wake of several foodborne illness outbreaks in the US, the country's watchdog has finalized two rules that requires firms to identify food safety risks and detail measures to prevent or minimize such risks from occuring. ...
Tags: Food Safety Risks, US Watchdog
Philip Morris International (PMI) and British American Tobacco have sued the UK Government over plain packaging regulations for cigarettes. In their lawsuits filed in the English High Court, the twocompanies claim that the new ...
Tags: Plain Packaging, Tobacco Packaging
Paper and packaging company Georgia-Pacific will close its manufacturing plant at Parchment in Michigan by the end of this year. Terming it as a strategic decision, the company said it will move the plant's food and other wrapping ...
Tags: Georgia-Pacific, Paper packaging
Taiwanese LED maker Everlight Electronics Co Ltd says that, on 22 April, the jury before the US District Court for the Eastern District of Michigan found that all asserted claims of the white LED patents of Japan's Nichia Corp are invalid ...
Tags: LED Patents, Everlight
On Mar. 16, 2015 Cocona, maker of patented 37.5 technology use in performance apparel and bedding, filed a request for a declaratory judgment with the United States District Court for the District of Colorado, Case No. 15-cv-00541, that ...
Tags: 37.5 technology, Cocona, apparel, bedding
General Motors has rejected the pleas of two US senators who urged the automaker to extend the deadline for filing claims related to faulty ignition switch compensation program. The company in return said that it already extended the ...
Tags: Compensation Program, Auto
For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
Posted in Medical Device Business by Chris Newmarker on January 14, 2015 Hill-Rom—the dominant player in the U.S. hospital bed market—is facing a federal lawsuit in western Texas that alleges that the company has used its ...
Tags: Hospital Bed Maker, Health
LED maker Cree Inc of Durham, NC, USA has filed complaints with the US International Trade Commission (ITC) and the US District Court for the Western District of Wisconsin against Feit Electric Company Inc and its Asian supplier Unity Opto ...
The FDA won’t let 23andMe sell its Personal Genomic Service tests to consumers in the United States, but that hasn’t stopped the company from selling its customers’ anonymous information to other companies for research. ...
Posted in Medical Device Business by Brian Buntz on January 8, 2015 Pete Nicholas, who co-founded Boston Scientific with John Abele in 1979, has announced that he intends to resign from the firm’s board of directors in 2017. ...
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...
The president and chief operating officer of Japanese airbag maker Takata has stepped down from his post as a result of recalls of millions of vehicles carrying the company's defective airbags. Takata announced in a statement that Stefan ...
Royal Philips NV (PHG) plans to buy medical-imaging company Volcano Corp. (VOL) for $1.2 billion, in one of Philips’ largest acquisitions in years, according to a Bloomberg report. The purchase of San Diego–based Volcano will ...
Posted in Medical Device Business by Nancy Crotti on December 12, 2014 A federal judge has warned C.R. Bard Inc. (BCR) to settle outstanding pelvic mesh lawsuits or face billions of dollars in jury awards to plaintiffs, according to a ...
Tags: mesh lawsuits, plaintiffs, Health