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GlaxoSmithKline Knew of Avandia’s Cardiac Risks, Senate Report Says

Confidential studies by Food and Drug Administration officials recommend that GlaxoSmithKline’s Avandia, a diabetes medicine, get pulled from the market because it is linked to heart attacks. The studies, released as part of a report on Avandia by staff of Senate Finance Committee members Chuck Grassley (R., Iowa) and Max…

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FDA Report Avandia Diabetes Drug Harms Heart

Hundreds of people taking Avandia, a diabetes medicine, needlessly suffer heart attacks and heart failure each month, according to confidential government reports that recommend the drug be removed from the market. The reports, obtained by The New York Times, say that if every diabetic now taking Avandia were instead given…

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U.S. to Probe Toyota Corolla Steering Reports

Toyota Motor Corp. and U.S. regulators are looking into possible steering problems in the company’s popular Corolla compact, the latest quality issue to surface in the wake of two recalls that covered millions of vehicles and forced Toyota to halt U.S. sales of eight models. The Corolla investigation could start…

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U.S. Opens Probe into Toyota Recalls; Output Cut

U.S. regulators on Tuesday opened an investigation into whether Toyota Motor Corp acted in a timely way to recall cars for acceleration problems, and the automaker moved to slow its U.S. production to avoid a costly ballooning of inventories. The National Highway Traffic Safety Administration said it had requested production…

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Roche Holding AG, the Swiss drugmaker, must pay $25.16 million in damages to a former user of its Accutane drug who blamed the acne medicine for his inflammatory bowel disease

Roche Holding AG, the Swiss drugmaker, must pay $25.16 million in damages to a former user of its Accutane drug who blamed the acne medicine for his inflammatory bowel disease, a New Jersey jury ruled. Andrew McCarrell, 38, won the verdict at a retrial in Atlantic City, New Jersey. An…

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Toyota Acceleration Complaints Cite 34 Deaths, U.S. Data Show

Toyota Motor Corp. vehicles have been linked to 34 deaths by consumers filing complaints with the U.S. government over unexpected acceleration, according to the Transportation Department. The total jumped by 13 fatalities since Jan. 27 as nine more filings were added to a database the department’s National Highway Traffic Safety…

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