Much Ado About Something: Foreign Drug Manufacturi

SUGAR LAND, TX--(Marketwired - Apr 12, 2013) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- In recognition that a huge gap exists in foreign drug manufacturing inspection enforcement by the U.S. Food and Drug Administration (FDA), President Obama has made a budget request of $4.7 billion for the agency for fiscal-year 2014. The beleaguered FDA has had problems for years, struggling to make required inspections on domestic sites, never mind those found overseas.

Other companies featured: Baxter International Corporation (NYSE:BAX)

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