Archives for February 26, 2003

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Vitamins unit proves costly for Roche 2002

Reporting its results for 2002, Swiss pharmaceuticals group Roche said the sale of its vitamins division and legal settlements with US customers in the vitamin case will result in significant one-time charges and a net loss of SF4 billion (€2.7bn).

Health potential driving water sales

Increasing awareness of the need for proper hydration and other potential health benefits of drinking bottled water are driving market growth in the UK, but there is still a long way to go before Continental consumption levels are reached.

Beer: healthy, up to a point

The UK's Advertising Standards Authority has warned a British brewer against advertising its beer as part of a healthy diet.