Metabolife, the US-based dietary supplement maker, is being
investigated by the Internal Revenue Service amid allegations that
it has been evading income tax payments.
An agreement with Australia's Pan Pharmaceuticals will allow Forbes
Medi-Tech to produce and market its cholesterol-lowering ingredient
Reducol as a dietary supplement for the first time.
Merck, the German pharmaceutical group, has acquired Laboratoires
Richelet, a privately owned French company specialising in
vitamins, minerals and food supplements.
Blue Pacific Flavors, the US-based flavour producer, has opened a
new research and development facility which will focus on flavours
for functional beverages, including sports, energy and wellness
drinks.
MWW, one of the leading public relations firms in the US, has
unveiled plans to create a new division specialising in PR for the
nutraceutical and dietary supplements industries.
Children of parents who eat no meat are more likely to suffer from
birth defects than children of parents with a wider diet, according
to new research in the UK.
An independent assessment of the manufacturing capacities of Burcon
NutraScience has confirmed that the Canadian company will be able
to produce it canola protein isolates Puratein and Supertein on a
large scale, at significant yield...
Up to four in 10 people admitted to hospital in the UK are
undernourished and doctors need to do more to improve the
situation, according to a new report from the Royal College of
Physicians.
Lifeway Foods of the US has launched a new packaging design for the
non-fat version of its popular probiotic kefir product to coincide
with the Fancy Food Show in New York.
Brain Garden, the subsidiary of Whole Living of the US, has
reported a further rise in sales for June 2002, the second
consecutive month of improvement after a slow start to the year.
CK Life Sciences International, the Chinese biotech company, is
preparing an initial public offering this week which it is hoped
will raise some HK$2.61 billion (€0.34bn) to finance future growth.
A survey of organic fruit and vegetables has shown that they do not
have an appreciably higher nutritional content than equivalent
products grown using conventional techniques.
Switzerland's Lonza group has confirmed its commitment to the
construction of a major new production facility in the town of Visp
with the announcement of a SFr100 million (€68.4m) investment in a
biopharmaceuticals manufacturing...
A new survey, conducted by the UK-based Women's Nutritional
Advisory Service (WNAS), has revealed that increasing numbers of
women are opting for a non-drug approach to the treatment of
menopausal symptoms.
Swiss pharmaceutical giant Roche has said that several potential
bidders have come forward for its vitamins and fine chemicals
business which the company is looking to sell later this year.
Exceptional costs relating to a delay in the completion of new
production facilities pushed Galaxy Nutritional Foods into the red
in fiscal 2002, but a turnaround is expected this year.
Natrol, the US-based manufacturer and marketer of dietary
supplements, has appointed Innovative Strategic Solutions (ISS) to
help it improve the marketing of its products via radio and
television.
The Hain Celestial group has announced that it is to close its
Celestial Seasonings supplements business and terminate its licence
to produce products under the Weight Watchers brand in order to
concentrate on its more profitable...
Two new supplements designed to promote bone health have been
launched under the Daily Balance brand. The supplements contain
calcium and soy and were formulated by women's health expert Dr
Susan Lark.
Shareholders in Forbes Medi-Tech approve a resolution allowing the
company to issue up to 25 per cent of its shares in order to raise
cash for future expansion.
Scandinavian food group MD Foods and Germany's Nordzucker sugar
producer have formed a joint venture to begin commercial production
of the sweetener tagatose in the summer of 2003.
Scientists from Texas A&M University are attempting to discover
how exactly the pulp of the Aloe vera plant acts to heal wounds -
and they are focusing on polysaccharides.
Potassium iodide pills can help combat the threat of thyroid cancer
caused by radioactive iodine, but their availability in the US -
where the fear of terrorist attacks is still very real - is not
good, claims ConsumerLab.com.
Neptune Technologies & Bioressources said it had received
positive results from recent clinical trials of its Neptune Krill
Oil (NKO) product and that it had made an international patent
request for certain applications of the...
Ginkgo biloba and soy isoflavones are among the products which will
help drive up sales of nutraceuticals by 6 per cent a year between
now and 2006, claims a new report.
Calcium is known to help combat the risk of colon cancer, but
recent research in the US has shown that low fat dairy foods are
just as effective as calcium supplements.
Roche Vitamins, a unit of the Swiss pharmaceutical group, has
opened a new production facility in South Africa which will
manufacture vitamin premixes for the food industry and help reduce
the levels of malnutrition in many African...
A new report shows that consumer confidence in the health benefits
of vitamin and mineral supplements remains high, good news for
companies affected by the short-term downturn in the market.
Simply taking a multivitamin and other key supplements on a daily
basis can help promote good health and stave off a wide range of
diseases, according to a new report released by the Council for
Responsible Nutrition (CRN).
BotanicLab, already facing censure over its PC-SPES supplements,
sees seven more herbal products withdrawn from sale in Canada for
containing undeclared drugs.
Vital Living sucessfully completes private placement, raising more
than $3m, but Herbalife finds there is little interest in its bond
issue from European investors.
A survey of US adults has revealed that more than 80 per cent of
them know only very little about nutrition, and that 70 per cent
are worried about not getting enough vitamins in their daily diets.
Most said that a better choice of...
Neptune Technologies & Bioressources of Canada has said it will
reach profitability next year thanks to the first order for its
marine oil extracted from krill sold under the brand name NKO.
New research from the US has shown that the addition of soybean
phytosterols to lean ground beef can have a significant effect in
reducing cholesterol levels.
Zila, an international provider of healthcare and biotechnology
products and services for dental/medical professionals and
consumers, said that higher sales in its third quarter had helped
it to reduce its net losses during the same...
