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P&G Arabian Peninsula, which produces a wide range of premier products that improve consumers' daily lives, today announced that its plant in Dammam, Saudi Arabia has received the P&G Global...
P&G picks Strawberry Frog for Pampers account; IMVU teams up with Alloy Media + Marketing; and Jivox teams up with local media partnerships.
Consumer Reports Provides Tips on How to Avoid Home Wreckers During the Holidays.
DALLAS (Oct. 6) Procter & Gamble is sponsoring U.S. Olympic speed skater Allison Baver at the upcoming 2010 Winter Olympics in Vancouver, Wilhelmina International announced on Monday.
Total : 46 View more »
Oct 30, 2009 (Food and Drug Administration Documents and Publications/ContentWorks via COMTEX) --
FDA NEWS RELEASE
FDA: Procter & Gamble Unlawfully Marketing Two Vicks Cold and Flu Medicines Containing Vitamin C
The U.S. Food and Drug Administration today sent a warning letter to Procter & Gamble notifying the company that its Vicks DayQuil Plus Vitamin C and Vicks Nyquil Plus Vitamin C are illegally marketed combinations of drug ingredients and a dietary ingredient.
Both of the over-the-counter (OTC) medicines, which contain vitamin C in addition to several drug ingredients, are marketed as treatments for cold and flu symptoms. The FDA took the action against the Cincinnati-based company:
* - To clarify that these single dosage form combinations of drug ingredients and dietary ingredients legally cannot be marketed because they have not been proven safe and effective, and
* - Because the agency previously determined that there are insufficient data to show that vitamin C is safe and effective in preventing or treating the common cold.
Under its OTC monograph system, the FDA allows some OTC drugs to be marketed without agency approval. Such drugs must comply with applicable monographs, which are regulations that set requirements for the drugs' labeling, formulations and indications. The two Vicks products do not comply with the applicable FDA monograph and must first be evaluated and approved under the FDA's new drug approval process to be legally marketed.
The FDA's position on the regulatory status of OTC drug products that combine drug ingredients with dietary ingredients in a single dosage form has been described in previous warning letters issued in 2001 and 2008. The agency's position on the marketing of vitamin C for preventing or treating the common cold also has been stated in a number of previous warning letters.
(Editor's note: The warning letter sent to Procter & Gamble today concerns the same products as the letter mistakenly posted on the FDA Web site on Oct. 14, 2009, due to a computer error.)
For more information
FDA Warning Letter to Procter & Gamble http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/ucm188361.htm
FDA Drug Safety Initiative http://www.fda.gov/cder/drugSafety.htm
#
For Immediate Release: Oct. 30, 2009 Media Inquiries: Christopher Kelly, 301-796-4676, christopher.kelly@fda.hhs.gov Consumer Inquiries: 888-INFO-FDA
Tags: computer consumer drugs fda marketing media note otc products regulations web
Companies: Procter & Gamble Co. (The) (PG)
Oct 29, 2009 (MarketNewsVideo.com via COMTEX) --
Both Procter & Gamble (PG) and Colgate-Palmolive (CL) presented potential signs of a recovery in earnings announcements today.
P&G said profits fell once percent, to $3.31 billion, or $1.06 per share, as compared to $3.35 billion, or $1.03 per share, in the same quarter last year, when there were more shares outstanding.
Earnings beat analyst estimates, even as sales were down 6 percent to $19.8 billion.
P&G said it is seeing signs of a rebound and hiked its growth outlook for the 2010 fiscal year to 2 to 4 percent.
Also this morning, consumer products competitor Colgate-Palmolive posted earnings that beat expectations.
Colgate earned $590 million, or $1.12 per share, as compared to $500 million, or 94 cents per share, in the same quarter last year.
Sales were up by about one quarter of one percent, to $4 billion.
Colgate said it is looking for another year of double-digit earnings growth in 2010.
The preceeding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=200910-ProctorGamble102909&mv=1.
http://www.marketnewsvideo.com/
Tags: consumer products earnings sales video
Companies: Colgate-Palmolive Co. (CL), Procter & Gamble Co. (The) (PG)
Nov 02, 2009 (Datamonitor via COMTEX) --
Procter & Gamble, a US-based consumer goods company, has reported net earnings of $3.31 billion, or $1.06 per diluted share, for the first quarter ended September 2009, a 1% decrease, compared to $3.35 billion, or $1.03 per diluted share, for the first quarter ended September 2008.
Net sales for the first quarter of fiscal 2010 decreased 6% to $19.81 billion, from $20.98 billion for the first quarter of fiscal 2009.
Bob McDonald, president and CEO of Procter & Gamble, said: "Our September quarter results give us encouragement we are making the right choices to grow market share profitably. We are investing in innovation, expanding our portfolio and improving consumer value to serve more consumers, in more parts of the world, more completely.
"We are driving simplification and improving execution while leveraging scale to create cost efficiencies that help fund these investments and accelerate growth."
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon
Tags: ceo consumer market share president
Companies: Procter & Gamble Co. (The) (PG)
SILVER SPRING, Md., Oct 30, 2009 /PRNewswire-USNewswire via COMTEX/ --
The U.S. Food and Drug Administration today sent a warning letter to Procter & Gamble notifying the company that its Vicks DayQuil Plus Vitamin C and Vicks Nyquil Plus Vitamin C are illegally marketed combinations of drug ingredients and a dietary ingredient.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090824/FDALOGO )
Both of the over-the-counter (OTC) medicines, which contain vitamin C in addition to several drug ingredients, are marketed as treatments for cold and flu symptoms. The FDA took the action against the Cincinnati-based company:
-- To clarify that these single dosage form combinations of drug
ingredients and dietary ingredients legally cannot be marketed because
they have not been proven safe and effective, and
-- Because the agency previously determined that there are insufficient
data to show that vitamin C is safe and effective in preventing or
treating the common cold.
Under its OTC monograph system, the FDA allows some OTC drugs to be marketed without agency approval. Such drugs must comply with applicable monographs, which are regulations that set requirements for the drugs' labeling, formulations and indications. The two Vicks products do not comply with the applicable FDA monograph and must first be evaluated and approved under the FDA's new drug approval process to be legally marketed.
The FDA's position on the regulatory status of OTC drug products that combine drug ingredients with dietary ingredients in a single dosage form has been described in previous warning letters issued in 2001 and 2008. The agency's position on the marketing of vitamin C for preventing or treating the common cold also has been stated in a number of previous warning letters.
(Editor's note: The warning letter sent to Procter & Gamble today concerns the same products as the letter mistakenly posted on the FDA Web site on Oct. 14, 2009, due to a computer error.)
For more information
FDA Warning Letter to Procter & Gamble http://www.fda.gov/ICECI/EnforcementActions/WarningLetters/ucm188361.htm
FDA Drug Safety Initiative http://www.fda.gov/cder/drugSafety.htm
Media Inquiries: Christopher Kelly, 301-796-4676, christopher.kelly@fda.hhs.gov
Consumer Inquiries: 888-INFO-FDA
SOURCE U.S. Food and Drug Administration
http://www.fda.gov/
Tags: computer consumer drugs fda marketing media note otc products regulations web
Companies: Procter & Gamble Co. (The) (PG)
Total : 773 View more »
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...SILVER SPRING Md. Oct. 30 -- The U.S. Food a...(Logo: a href http://www.newscom.com/cgi-bin/prnh/20090824/FDALOGO ...Both of the over-the-counter (OTC) medicines which contain vitamin C ...Under its OTC monograph system the FDA allows some OTC drugs to be
Total : 2,990,000 View more »
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Three billion times a day, Procter & Gamble brands touch the lives of people around the world. Our brands include: Tide, Bounty, Pantene, Crest/Oral B, Swiffer, Olay, Gillette Blades & Razors, Duracell, Charmin, Vicks, Cover Girl, Tampax, SKII, Clairol and Prilosec.
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Three billion times a day, Procter & Gamble brands touch the lives of people around the world. Our purpose is to provide branded products and services of superior quality and value that improve the lives of the world's consumers, now and for generations to come.
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