RILA, others to hold import safety summit in July
ARLINGTON, Va. The Retail Industry Leaders Association along with 11 other trade groups will sponsor an inter-industry summit on import safety on July 9 in Washington, the association announced Tuesday.
The summit will bring together a wide spectrum of industries and perspectives, including Secretary of Health and Human Services Michael Leavitt, to share ideas and discuss how to fortify partnerships to advance the safety of imported goods.
“RILA is eager to work jointly with all interested partners to strengthen procedures around safeguarding products entering the United States,” stated Lori Denham, RILA executive vice president for government affairs and industry operations.
In addition to RILA, co-sponsors of the summit include: American National Standards Institute; Biotechnology Industry Organization; Consumer Healthcare Products Association; Food Marketing Institute; Generic Pharmaceutical Association; Grocery Manufacturers Association; Healthcare Distribution Management Association; National Fisheries Institute; National Restaurant Association; Pharmaceutical Research and Manufacturers of America; and Toy Industry Association, Inc.
“The summit will bring together individuals with vast experience in this field to share knowledge and highlight best practices that ensure delivery of the safest, highest quality goods and services to consumers,” concluded Denham
Study suggests green tea effective on HPV-related warts
NEW YORK A study published in the June issue of the Journal of Obstetrics and Gynecology has found that the green tea extract sinecatechins is useful for treating genital and anal warts.
The study found that 57 percent of patients who received ointment containing 10 or 15 percent sinecatechins were cleared of warts, compared to 34 percent of patients in the control group. Warts in at least three quarters of patients were cleared by at least 50 percent, compared to about half of patients in the control group.
The study examined 502 adults with between two and 30 warts over a 16-week period or until warts cleared.
Genital warts are caused by the human papillomavirus, also known as HPV and increase the risk of cervical cancer in women.
NBTY proposes $230 million buyout of Leiner
RONKONKOMA, N.Y. NBTY on May 30 proposed buying troubled private-label manufacturer Leiner Health Products in a deal worth $230 million plus the assumption of certain liabilities, according to an NBTY SEC filing.
The proposed buyout of Leiner, which filed for bankruptcy protection March 10, will be subject to higher or better offers and if any are proffered, the ownership of Leiner Health will be decided at a June 9 auction
If no higher or better offer is submitted by a competing bidder, the purchase transaction is expected to close no later than September.
Leiner in March filed its second bankruptcy in seven years, and is also emerging from a manufacturing scandal, in which the company last month pled guilty to mail fraud and forfeited $10 million to close the chapter on a U.S. Department of Justice investigation into Leiner’s now-closed Fort Mill, S.C. production facility following a Food and Drug Administration warning letter that “found many serious deviations [at that facility], some of which involved data manipulation and inadequate testing procedures.” The FDA concluded that “the products manufactured at [the Leiner] facility under these violative conditions put consumers at significant risk.”
Early last year, Leiner had stopped making over-the-counter drugs at that facility. In addition, Robert Kaminski resigned as company chief executive officer and was succeeded by Robert Reynolds.
The recent agreement in no way implicates or affects Leiner’s ability to manufacture and distribute vitamin and mineral products, the company stated.