Phytrol functional food products slated for late July test launch in two U.S. cities by Novartis/Quaker Oats joint venture Altus, Forbes reports July 3. Line of phytosterol-containing drinks, cereals and bars will be sold under Quaker Take Heart brand and be competitively priced with other specialty products. Revenue from Phytrol sales for fiscal Q3 (ended April 30) totaled approximately $232,000 (CAN$351,000), although majority of sales in preparation for test market launch were completed by February 2001, Forbes says. Phytrol sales for first nine months totaled about $1.3 mil. Vancouver-based firm reports Q3 net loss of roughly $2.2 mil., compared to $1.9 mil. loss in year-ago quarter. Company aims to launch CardioRex dietary supplement for cholesterol control in first half of 2002
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Advanz Pharma would have had to show that the European Commission’s decision to revoke Ocaliva’s conditional marketing approval risked causing serious and irreparable harm, according to lawyers from Van Bael & Bellis.
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A new pilot aims to take Brazil closer to ‘digital transformation.’
After pursuing Alchem International for breaches of EU antitrust rules – relating to a cartel over the SNBB pharmaceutical ingredient used in Buscopan and its generics – the European Commission has now hit the firm with a €489,000 fine.
Bayesian statistics could help clinical trial sponsors to include external information in their analyses, but concerns around bias and incorrect conclusions remain, the European Medicines Agency said.
A system of pre-regulatory review consultations for innovative drugs and devices in South Korea has contributed to the accelerated development of such products.
