FDA moves to pull Measurin time release aspirin
The Food and Drug Administration will withdraw approval for Measurin, a time release aspirin tablet from Chesebrough Pond, after the firm failed to prove safety under prescribed conditions. Chesebrough Pond has 30 days to request a public hearing. absent a hearing, the FDA will issue a final order withdrawing the drug application.
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UPI
Food and Drug Administration
FDA
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Workers On Strike At Tyler Tire Plants In East Texas
Tyler tire workers walk out at Kelly-Springfield plant amid failed negotiations. Informational pickets set at factory gate and downtown outlet as Local 746 cites unresolved grievances. Moulders union Local 58 reports 1802 of 2500 employees at Piper-Foundry left the job Tuesday.
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Johnson Hosts Latin Diplomats on Sequoia Cruise
President Johnson hosted Latin American diplomats aboard the Navy yacht Sequoia on the Potomac as part of the White House observance of the fifth anniversary of the Alliance for Progress. The event highlighted U S cooperation with the region.
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Fed Moves To Temper Credit Boom Amid Rate Hikes
The Federal Reserve raised the prime rate to 6 percent amid a sequence of increases aimed at curbing inflation and the credit boom. Banks and housing interests see higher rates tightening access to loans, with effects on mortgages and consumer borrowing. Local bankers warn the move may slow business but stop rapid price increases.
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