FDA delays effort to rationalize food labels [MarketWatch]
CSP Inc. (CSPI)
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Source: MarketWatch
Under pressure from food companies, FDA delays plans to simplify calorie labels Nutrition label changes that were intended to make information on them clearer and easier to understand have been postponed, the Food and Drug Administration said on Tuesday. The deadline had been late July 2018. The postponement was a response to “numerous stakeholders” requesting more time, the regulator said , though it did not say what the new deadline would be. Issues included, among other things, “the need for upgrades to labeling software, getting nutrition information from suppliers, the number of products that would need new labels, and a limited time for the reformulation of products,” said FDA spokesperson Deborah Kotz. “Developing these types of extensions can take some time, so we want to be as transparent as possible throughout the process.” The news is only the latest such move from the FDA, which delayed a calorie labeling rule for national restaurant chains by a year, until May 2018. The F
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- 2/16/24 - TheStreet
CSPI
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 3/18/24 - Form 4
- CSPI's page on the SEC website