BIC out of running for Pfizer's Schick-Wilkinson shaving business due to possible regulatory hurdles, BIC announces Sept. 3. BIC contacted Pfizer after shaving business was put up for sale, but the pharmaceutical giant said it would not pursue a deal with BIC because it would take longer to obtain regulatory approval than if it proceeded with other potential buyers, BIC says. BIC will move forward with plans to enter triple-blade razor category with scheduled launch of BIC Comfort 3 Shaver in first quarter 2003, firm adds. Pfizer announced its desire to divest Schick in June (1"The Rose Sheet" July 1, 2002, In Brief)...
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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New CDER Director George Tidmarsh promised to keep politics out of drug approvals, but suggested during a meeting with staff that he could not insulate the drug center from political pressures coming from those above him.
Co-founders name their company for their grandmothers – Opal, a Texan rancher, and Joy, a New Zealand artist – to symbolize strength and creativity. Their brand’s premium, ethical ingredients and formulations were developed by a female women’s health doctor.
FDA admonishes five marketers for straying from approved sunscreen dosage forms in recent warning letters. Violative delivery formats render products unapproved drugs and misbranded.
