Northern,WI 11/22/2012 (BasicsMedia) — There was one name which was common in the report submitted to the U.S. Food and Drug Administration and that was Red Bull energy drinks, Although there were no deaths but cases of abdominal pain and increased heart beat were reported as per the data published on the U.S. FDA website. The report also said that there were cases of four patients who were hospitalized but no conclusion was drawn till investigation into these matters is completed.
Reports for Monster Beverage Corp. (NASDAQ:MNST) along with Living Essentials LLC’s 5-Hour Energy products were also released. 92 reports were found on 5-Hour Energy products which included 33 hospitalizations and 13 deaths covering the period from year 2004 till the year 2012.
Products by Monster and Rockstar were found in 40 and 13 reports which included 20 hospital stays and five deaths for Monster whereas four hospitalizations for Rockstar. A report from U.S. FDA is still awaited for PepsiCo Inc. (NYSE:PEP)’s AMP Energy as the same does not fall under the U.S. FDA guidelines for caffeine in soda.
Most of the energy drinks are sold as a dietary supplement which includes 71 milligrams of caffeine per 12 ounces which is considered to be safe. 80 milligrams of caffeine are found in Red Bull drink which is equivalent to consuming an average cup of coffee. Stocks of Monster Beverage Corp. (NASDAQ:MNST) was up by 1.47% to close at $45.47 where as PepsiCo Inc. (NYSE:PEP) was up by 0.18% and closed at $68.31.
Disclaimer: We have no position in any stock mentioned here.