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UK’s FDF says no to food taxes
UK’s biotech ethics body to rethink GM support
Flat market to drive baking innovations
Lunch takes on Mexican flavour
Drug firms spend half the budget at launch
Will it stick? DuPont vows cooperation on Teflon
Business
UK’s FDF
says no to food taxes
The UK’s Food & Drink
Federation has come out against proposals to tax “junk food” said to
boost obesity, heart disease, and diabetes.
The food manufacturers’
association said the loss of zero-rated VAT on foodstuffs would be bad for
consumers and the
UK economy. It warned taxes would
harm poor families, which spend more of their income on food, increase
inflation, and make it harder for them to eat healthy and varied diets.
It said consumers would see the
introduction of VAT on foods as a price increase. This “would be bad for
the food and drink industry, which is one of the UK's largest
manufacturing sectors, employs over 500,000 people, has a gross output of
£65 billion and buys two-thirds of UK agricultural produce,” it said.
GM
UK’s
biotech ethics body to rethink GM support
The UK’s leading think tank on
the ethics of biotechnology, the Nuffield Council, is to review its
support for the use of genetically modified crops in developing countries.
Tomorrow it will publish for comment a draft document setting out its new
views.
The council gets its money from the
Nuffield Foundation, the Wellcome Trust and the Medical Research Council.
In 1999 it said there was a moral imperative to make GM crops readily and
economically available to people in developing countries that want them.
“Now the council has re-assessed
the conclusions and recommendations of its report in the light of recent
developments. Other organisations, such as Action Aid and Friends of the
Earth International, have also produced provocative reports on the
topic,” it said.
The developments include the
refusal by some hunger-hit African countries to refuse aid in the form of
GM seed, the US bringing a trade barrier lawsuit against the European
Union for its moratorium on new GM crops and seeds, and the UK
government’s six-week public debate on GM technology, which kicked off
last week.
The council will submit comments on
its draft paper to the UK government’s GM Nation? debate.
Bakeries
Flat market to
drive baking innovations
Bakers will have to develop unique
selling propositions if they are to increase sales value in the face of
flat demand, says a new report from the UK market researcher Leatherhead
Food International.
EuroBakery 2003
says volume demand will rise 0.5% for the next five years. Value growth
will be higher, led by industrially wrapped cakes. “The bakery industry
will continue to face heavy competition from other product alternatives
such as cereal bars, breakfast cereals and confectionery, but will rise to
the challenge by responding to demand for snack-sized products, wrapped
sliced bread with a longer shelf life, healthier ingredients, and
indulgence/luxury items with chocolate chips, spices or fruits.”
The report said volume is steady at
35 million tonnes, but last year value rose 3% to 68.3 million euros.
NPD
Lunch takes
on Mexican flavour
UK food maker Discovery Foods hopes
to switch British appetites to Mexican tastes with a new range of three
chilled wraps (fajitas) in chicken, chicken & bacon, and a vegetarian
hummus, peppers and pine nuts.
The wraps will be on sale alongside
sandwiches and lunch snack from supermarkets’ chiller cabinets, and
priced between ₤2.29 and ₤2.69.
Launches
Drug firms
spend half the budget at launch
Drug companies spend almost half
their marketing budget during the launch phase in an effort to grab
customers’ attention, says a new report from US market researcher
Cutting Edge Information.
“Aggressive phase III marketing
prepares physicians for a particular product, especially if they are
familiar with the drug's previous generation. Steady but not overwhelming
support throughout launch drives sales for customers who need relatively
few new marketing messages,” it says.
"Blockbuster pharmaceuticals
are not born in the lab," said Eric Bolesh, senior analyst at Cutting
Edge Information. "Rather, the level of marketing support usually
determines whether compounds become the next Lipitor or not."
Regulation
Will it
stick? DuPont vows cooperation on Teflon
Inventor of the Teflon non-stick
surface coating, US chemicals company DuPont, has promised to cooperate
with US regulators investigating the effects on humans of
perfluorooctanoic acid (PFOA), an unregulated processing aid used to make
Teflon.
DuPont global vice president for
central research & development Uma Chowdhry told the US Environmental
Protection Agency (EPA) “DuPont is fully committed to work with industry
to address those questions, to investigate both past and current potential
sources of PFOA exposure, to further reduce exposure pathways, and to
provide information needed to allow for the development of an accurate,
science-based assessment of any risks posed by PFOA."
Despite this, she expects the EPA
to regulate the compound. |