FDA Chemist Charged
Cheng Yi Liang, a chemist at the Food and Drug Administration, and his son Andrew Liang have been arrested and charged with insider trading, reports NPR's Shots blog . Cheng Yi Liang had access to FDA's internal database that included upcoming announcements regarding drug approvals and, with the help of his son, he allegedly traded on that information to make more than $3.6 million since 2006 ...

FDA lifts warnings against 2 Medtronic plants, clearing way for new product approvals
WASHINGTON - Medtronic Inc., the world's largest medical device company, said Wednesday it has resolved two warning letters from the Food and Drug Administration over lax oversight at two manufacturing plants, clearing the way for new product approvals.