Money Matters - Simplified


McDonald's, Target dump egg supplier over safety, cruelty issues

McDonald's Corp. and Target Corp. cut ties to Sparboe Farms, one of the largest egg suppliers in the United States, following the release of an undercover video displaying animal cruelty at some of its farms.

Merck's diabetes-cholesterol pill gets FDA nod

Merck & Co. Inc.,'s first combination pill for type 2 diabetes and high cholesterol has received the Food and Drug Administration's (FDA) clearance.

Merck's new drug 'Juvisync,' which is a combination of two drugs Januvia and Zoco, is the first such

FDA to review warnings for artificial food colorings

In an unforeseen reversal of stance, the Food and Drug Administration (FDA) has asked a panel of experts to review evidence linking food color to behavioral problems.

FDA clears new drug for late-stage melanoma

The Food and Drug Administration (FDA) sanctioned the use of a new drug ipilimumab to treat patients with metastatic melanoma, a lethal form of skin cancer.

Botox may help women with vaginal pains

Botox treatment has long been used in smoothening out the wrinkles and rejuvenating women, but now the same has been found helpful easing painful vaginal conditions, know as vaginismus.

FDA grants hearing to Genentech over breast cancer drug

Genentech, a Roche subsidiary, has been informed through a letter by the Food and Drug Administration (FDA) that the federal agency is ready to give another chance to the company to argue in favour of of ‘Avastin’ a drug for breast cancer.

FDA cautions against prolonged use of terbutaline for preterm birth

The Food and Drug Administration (FDA) officials issued a warning against the off-label use of the drug called terbutaline often given to pregnant women to prevent recurrent premature labor.

FDA gives nod to first 3-D mammography imaging system

On Friday, the Food and Drug Administration (FDA) granted approval to Selenia Dimensions digital breast tomosynthesis system marketed by Hologic Inc. of Bedford, Mass., the first such device to be sold in the nation that will produce three-dimensional images of the breast for cancer screening and diagnosis.

Death row inmates sue FDA over execution drug

Six prisoners awaiting execution of death sentence have filed a suit against the Food and Drug Administration (FDA) claiming that it is allowing import of drug thiopental that has not been reviewed for safety and effectiveness.

FDA approves Makena for reducing risk of preterm birth

Finally a drug option to prevent preterm births. Researchers claim that it can help at-risk pregnant women reach full term.