Beasley, Allen, Crow, Methvin, Portis & Miles, P.C.

Rhodia SA, a leading producer of paracentamol drugs Panadol and Tylenol, will close its factory in France this week, leaving Europe completely dependent on imports for that drug, according to Bloomberg. Rhodia says it is dropping out of the $800 million paracentamol business because of stiff competition from Asian producers who can export the same product at a fraction of the cost.

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There has been yet another report of heparin being pulled off the market for fear it may harm people. This week, French drug maker Sanofi-Aventis recalled the remaining batches of its heparin medicine distributed before May 2008, Lovenox, based on a recommendation by French drug regulator Afssaps.

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