Tenil http://www.tenil.net/ Sun, 16 Jan 2022 05:19:54 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.tenil.net/wp-content/uploads/2021/05/tenil-icon-150x150.png Tenil http://www.tenil.net/ 32 32 Sun Pharma and Lupine recall products in the US market https://www.tenil.net/sun-pharma-and-lupine-recall-products-in-the-us-market/ Sun, 16 Jan 2022 05:19:54 +0000 https://www.tenil.net/sun-pharma-and-lupine-recall-products-in-the-us-market/

Major drugmakers Sun Pharma and Lupin are recalling products in the United States, the world’s largest drug market, for different reasons. According to the latest US Food and Drug Administration (USFDA) law enforcement report, Sun Pharma is recalling 696 bottles of pregabalin capsules (50mg), used for the treatment of epilepsy, anxiety and nerve pain, in the US market. According to the US health regulator, the Mumbai-based major pharmaceutical company is recalling the affected lot due to “tablet/capsule specification failure: out-of-specification results for particle size distribution and bulk density of the active pharmaceutical ingredient”. New Jersey-based Sun Pharmaceutical Industries Inc, a unit of the company, initiated the nationwide (US) Class II recall of the affected lot on October 22 last year. According to the USFDA, a Class II recall is initiated in a situation where use of or exposure to an offending product may result in temporary or medically reversible adverse health consequences or when the likelihood of serious adverse health consequences health is low. Lupine, meanwhile, is recalling 50,832 bottles of gatifloxacin ophthalmic solution, an antibiotic used to treat bacterial eye infections. According to the USFDA, the company’s U.S.-based unit is recalling the affected lot due to “out of specification stability: out-of-specification results observed in a water loss test that may affect assay contents.” and change the concentration of the drug”. the affected batch was manufactured at the Lupin factory in Pithampur, Madhya Pradesh. The batch was distributed in the United States by Baltimore-based Lupine Pharmaceuticals Inc, according to the report. The drugmaker launched a voluntary Class III recall in the United States and Puerto Rico on December 22 last year. Lupine is also recalling 23,965 bottles of oxycodone hydrochloride tablets, used for the treatment of moderate to severe pain. According to the USFDA, the company is recalling the lot due to an “out-of-specification impurity test result observed at an 18-month long-term stability time point.” The company’s US subsidiary launched a Class III recall on December 29. year. A Class III recall is initiated in a “situation in which use of or exposure to an infringing product is not likely to cause adverse health consequences”. The US generic drug market was estimated at around $115.2 billion in 2019. It is the largest market for pharmaceuticals.

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

Four million payday and home loan customers from Provident, Greenwood and Satsuma must request repayments NOW https://www.tenil.net/four-million-payday-and-home-loan-customers-from-provident-greenwood-and-satsuma-must-request-repayments-now/ Sat, 15 Jan 2022 07:00:00 +0000 https://www.tenil.net/four-million-payday-and-home-loan-customers-from-provident-greenwood-and-satsuma-must-request-repayments-now/

MORE than four million payday and home loan customers are being asked to request any repayments that may be owed to them.

If you were mis-sold a loan by Provident, Greenwood, or Satsuma, you might be in line for compensation, even if you’ve already paid it back.


Provident, Greenwood and Satsuma customers receive small payments as compensation

Some home loans from Provident and Greenwood, payday loans from Satsuma, and collateral loans from Glo were mis-sold to cash-strapped borrowers who couldn’t afford them.

Thousands of borrowers had their repayments written off late last year after Provident shut down its home loan business.

Now, lenders are offering payments under a borrower repayment program – even if they paid off their debts years ago.

Customers who mis-sold loans at unaffordable rates have just weeks left to claim a share of a £50million compensation pot.

The claims window closes at the end of February and it is best to apply as soon as possible.

Here’s what you need to know:

What compensation can I get?

You’re unlikely to get back as much as the company owes you, but it could still be hundreds.

And you may also have bad marks on your credit report.

Debt Camel Blogger Sara Williams told The Sun: “The provident loans were only meant to be used for short-term borrowing – that’s why the interest rate was so high.

“But Provident did not do proper checks on borrowers. Hundreds of thousands of people have borrowed continuously from Provident for years.

“They have a good chance of having their ‘unaffordable loan’ application confirmed – even if they made all the repayments on time.

“If you win, you’ll get some of the interest you paid back – it’s worth applying.”

If you took out a loan from Provident, Satsuma, Greenwood or Glo between April 6, 2007 and December 17, 2020, you may be eligible for a refund.

How much you get back will depend on how much you borrowed and for how long, as well as how many other people are asking for repayment.

The money will be distributed after the redemption program closes at 5 p.m. on February 28, 2022.

Payment will not be immediate, however, as each claim will be assessed individually.

Where can I request my refund?

If you think you have received an unaffordable loan from Provident, Satsuma, Greenwood or Glo, visit schema.providentpersonalcredit.com.

You can submit a complaint online or by calling 08000 568 936 – or you can download a form to submit.

Filing a complaint is free.

But beware of claims companies that say they’ll do this on your behalf, as they’ll take some of the money you recover – and it’s easy to do it yourself anyway.

You will need a Program ID to submit your application, which should have been emailed or mailed to you.

Call the number above if you don’t have it.

You won’t need your loan details to make the claim, Sara says, but you may need to show proof of defaults or county court judgments.

These will be on your credit report if it’s within the last six years.

It’s best to make a claim as soon as possible – just in case there is a problem submitting information close to the deadline.

What else should I keep in mind?

Sara also advises you to file a claim again if you have already been refused for a refund or accepted a small amount.

This is because lenders have dismissed too many complaints before.

Her Complaints Guide also points out that you can make a claim if you paid the loan on time, in default, or if the loan was sold to a debt collector.

None of the four companies are currently lending to new customers.

If you are a former customer of The Money Shop, Payday UK or Payday Express, you could be compensated today (January 14) or Monday.

And if you think one of the still-operating lenders may have wrongfully sold you an unaffordable loan, here’s how to file an affordability complaint.

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Howard Solomon, 94, dies; His commercial success had a personal connection https://www.tenil.net/howard-solomon-94-dies-his-commercial-success-had-a-personal-connection/ Fri, 14 Jan 2022 23:13:39 +0000 https://www.tenil.net/howard-solomon-94-dies-his-commercial-success-had-a-personal-connection/

“Forest Pharmaceuticals deliberately chose to pursue corporate profits at the expense of its obligations to the FDA and the American public,” Carmen Ortiz, the US attorney from Massachusetts, said when the settlement was announced.

The company denied the allegations. In a statement at the time, Mr Solomon said: ‘We remain committed to ensuring that we operate in full compliance with all laws and regulations.

In 2011, Forest Labs won a proxy contest against activist shareholder Carl C. Icahn, who argued that the company had, among other things, lost billions of dollars in shareholder value over the previous decade. Mr. Icahn continued to sue Forest Labs with a second proxy fight in 2012, which ended with the election of one of his nominees to the company’s board.

In a letter to Mr. Icahn during that fight, Mr. Solomon wrote: “Your speech so far has shown a striking lack of strategic ideas. Instead, it was filled with savage and baseless accusations, innuendoes and distortions of facts.

Yet, at some point, Mr. Solomon contacted Mr. Icahn, and they had a series of dinner parties.

“We became friends,” Mr. Icahn said in a phone interview. “I thought he was a nice gentleman, a courteous guy.” He added: “I didn’t necessarily agree with the way he ran the business, but he was a nice guy who was delighted with the result. He made a lot of money.”

In 2013, Mr. Solomon announced his retirement as chief executive and was replaced by Brent Saunders, an executive friend of Mr. Icahn. Then, in early 2014, Actavis (now Allergan) paid $25 billion to acquire Forest Labs. Mr. Solomon, still chairman, left after the acquisition and formed a family investment company with his youngest son, David, who had been an executive at Forest Labs.

Besides his sons, Mr. Solomon is survived by his wife, Sarah Billinghurst Solomon, former assistant general manager of artistic affairs at the Metropolitan Opera, and five grandchildren. His first wife, Carolyn (Bower) Solomon, died in 1991.

Business News | Stock and Equity Market News | Financial news https://www.tenil.net/business-news-stock-and-equity-market-news-financial-news/ Fri, 14 Jan 2022 03:26:34 +0000 https://www.tenil.net/business-news-stock-and-equity-market-news-financial-news/

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Some of the market players have become very cautious, fearing that this good start to the year will run out of steam as soon as the economic realities begin to hit harder.

Strong Market Start: Trends to Watch for Short-Term Traders

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ntpc 135.75 0.80 0.59
Sbi 506.90 -4.45 -0.87
Nhpc 31:30 -0.40 -1.26
Indiabulls Hsg 221.65 1.10 0.5




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