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Feds revoke Palcohol drug approval

The Alcohol and Tobacco Tax and Trade Bureau is taking back last week's approval of a powdered alcohol product called "Palcohol."

An e-mail sent to The Associated Press said approval was made in error.

A spokesman for the Palcohol's parent company -- Lipsmark -- says the problem is a discrepancy in the fill level of the powder in each bag.

The firm says it will resubmit its labels for approval.

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