Word: premarket
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...there any takeaways from the Yugo story? What do you expect when the Tata Nano hits the U.S. next year? I'm not bashing Tata; I hope a little car like that goes. But the Nano does have many similarities. One is that they are creating premarket press - it's everywhere. They are creating the preconditions for a mania, and I don't think you should do that - it's not a pair of jeans or an album. They're going to create a mania and then invariably, the press will jump on board. The Nano will shoot up briefly...
...illiteracy of Evans' speech. "China," he said, "is moving far too slowly in its transition to an open, market-based economy." Hello? In the past 20 years China has surely moved more people--both in crude terms and as measured as a share of global population--from a premarket economy to a market-based one further and faster than any other society has done since the dawn of time. This, like all economic transformations, has come at a wrenching human cost. In China's case, that cost is measured in the loss of millions of protected jobs in inefficient state...
...away with this?" my producer wanted to know. Easily. Thanks to the Dietary Supplements Health and Education Act of 1994, the Food and Drug Administration no longer regulates the supplement industry the way it watches over prescription and over-the-counter drugs. Supplements don't get the same premarket safety and efficacy evaluations that drugs get, nor does the FDA set standards to ensure that labels accurately reflect contents...
...California activists were revving up last week, similar rants and chants were reverberating in such unlikely places as Grand Forks, N.D., Augusta, Maine, and Miami--19 U.S. cities in all. This was no frolicking radical fringe but the carefully coordinated start of a nationwide campaign to force the premarket safety testing and labeling of those GMOs, or genetically modified organisms. Seven organizations--including such media-savvy veterans as the Sierra Club, Friends of the Earth and the Public Interest Research Groups--were launching the Genetically Engineered Food Alert, a million-dollar, multiyear organizing effort to pressure Congress, the Food...
...issue that is now on the front burner dates back to 1992, when the FDA decided that biotech ingredients did not materially alter food and therefore did not require labeling. Nor, the agency declared, was premarket safety testing required, because biotech additives were presumed to be benign. Last March the Center for Food Safety and 53 other groups, including the Union of Concerned Scientists, filed a petition to force the FDA to change its policy...