Archives for June 29, 2004

← 2004

Supplement maker NBTY in lawsuit

Purchasers of NBTY securities between 22 April and 16 June 2004 have filed a class action lawsuit against the New York-based supplement maker.

Maximuscle sold to investment group

The founder of leading UK sports nutrition company Maximuscle has sold the business for £9.7 million (€14.48m) to a private equity group, which is hoping to double sales at the firm in the next two years.

Health claim decision delayed on omega-3

The FDA has, for the second time this year, put off a decision on whether to grant a petition for a qualified health claim for omega-3 fish oils and coronary heart disease.

Lonza boosts capacity in Czech Republic

Swiss chemicals firm Lonza has opened a new production facility in the Czech Republic that would allow it to increase output of the health ingredient L-carnitine, if demand continues to grow.

Omega-3s to have long life in European food industry

Of all the functional food ingredients currently available, the future for omega-3 polyunsaturated fatty acids (PUFAs) looks the most promising, according to an analyst at market research firm Frost & Sullivan.

Burcon and ADM advance towards canola commercialization

Burcon and Archer Daniels Midland (ADM) have completed the technical phase of the commercialization of Puratein and Supertein, canola proteins, expected to have a wide range of applications in the food and nutraceutical industries, reports Philippa...