Katelyn had an allergic reaction and died after eating peanuts in the Chinese food her class had brought in for a holiday party.

WSJ: Finding Food Allergy Allies

Shares in pharma company Affymax are down more than 80% on Monday after the company recalled its anemia drug Omontys on reports of a lethal allergic reaction that has already caused three deaths, according to the Food and Drug Administration.

FORBES: Affymax Crushed After Fatal Drug Recalled; Bleeding Cash, The Company Could Be Done For

The Food and Drug Administration was concerned that the insect-killing protein that had been inserted into the corn might provoke an allergic reaction in people.

FORBES: Bayer And Aventis Get Chummy