Archives for May 1, 2002

← 2002

Phytosterol sales boost Forbes, but future looks difficult

A 50 per cent rise in monthly sales of phytosterols helped Canadian firm Forbes-Medi-Tech register a strong end to its financial year. But the coming year looks set to be difficult, with delays in the approval procedure meaning that phytosterol sales...

Sales rise at Medifast

Medifast, the producer of weight loss products, has reported first quarter sales up 33 per cent to $1.7 million (€1.87m) from $1.3 million a year earlier.

Gatorade changes sponsorship deal

Gatorade, the sports drink brand owned by PepsiCo, has confirmed that it will not renew its sponsorship of the US-based NASCAR car racing event, and that it will focus instead on stock car racing drivers and races.

Mineral deficiencies are 'significant' problem

Infants and children the world over are failing to consume sufficient quantities of essential vitamins and minerals, according to scientists from the Academy of Paediatric Nutrition.

Nutra Pharma to buy biotech company

Nutra Pharma, the US company which develops proprietary technologies for the manufacture of complex medicinal botanical extracts, has signed a letter of intent to Bio Therapeutics, a drug delivery platform producer.