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Latin America 2 articles

Johnson & Johnson recalls 32 million packs of birth control pills

Johnson & Johnson has issued another massive recall, this time on 32 million packages of birth control pills because of a flaw that could cause unplanned pregnancies. The oral contraceptives are sold in 43 countries around the world, but not in the United States. This recall is one of about 40 the consumer health product giant has issued on everything from over-the-counter medications to artificial hips since 2009. The recall was initiated because quality tests performed on the drugs showed one of the two hormones in the pills was releasing slower than it should. The company said the risk of ... Read More

Bayer targets Brazil for future sales of birth control pills

Bayer AG has its eyes set on the Latin American country Brazil to win back profits lost from lawsuits and bad press surrounding its blockbuster birth control pill Yaz. The German pharmaceutical company announced this week that it expects to post double-digit annual growth in Brazil through the next four years, from 15 billion in 2008 to a whopping $27 billion by 2015. Chairman Andreas Fibig told reporters at a press conference in Sao Paulo that the company’s strong market position in Brazil, paired with new products that will be introduced to the Latin American market in the months and ... Read More