There was little fanfare in the business world earlier this year when Valeant Pharmaceuticals International acquired the rights to two drugs made by Marathon Pharmaceuticals. However what happened after that acquisition is raising serious concern.
With the deal, Valeant gained the rights to a pair of lifesaving heart drugs, Nitropress and Isuprel. The Wall Street Journal reported that on the same day bought the rights to these heart drugs, their list prices rose by 525% and 212% respectively. more
This week the iconic Texas Ice creamery Blue Bell announced a mandatory recall of all it’s frozen dessert products over concerns of contamination by the potentially deadly bacteria Listeria. This is the second recall for Blue Bell in less than a month. It follows an initial March recall due to Listeria found in half-gallon containers of chocolate chip cookie dough ice cream produced March 17 and March 27.
Publix, our regions largest grocery chain with 763 stores in Florida alone, issued immediate orders to all its stores to destroy all Blue Bell ice cream. Other grocery chains across the southeast have issued similar orders to destroy all products produced by Blue Bell, the Nation’s third-largest manufacturer of ice cream. Continue reading