Can we feed nine billion people by 2050? Only if we embrace the principles of open innovation, says Jeff Bellairs, senior director of the General Mills Worldwide Innovation Network (G-WIN), in this exclusive article for Foodnavigator-USA.com and FoodNavigator.com.
In another example of the growth of the dietary supplement sector, Atlanta-based contract manufacturer Private Label Nutraceuticals announced a significant expansion.
LifeVantage, manufactures of herbal supplement Protandim, recently announced a product recall that reportedly could end up costing the company as much as $7 million before recovery from suppliers.
RFI Ingredients, a vertically integrated manufacturer of a range of natural and organic ingredients, is expanding its Loveland, CO facility to add encapsulation, powder filling and bottling capabilities as part of an aggressive expansion push.
Network marketing giant Amway has teamed up with two NBA teams and a nonprofit organization to call attention to the malnourishment of children worldwide.
USANA Health Sciences has taken a conservative approach to new product development, making it a company lean on products but long on trust, says Brian Dixon, PhD, executive director of new product development.
Nestlé has amplified its nutrition presence by forming a joint venture to develop Traditional Chinese Medicines (TCM). Orally consumed gastro products will be first off the rank based on an extract from the andrographis paniculata plant grown in Indian...
The manufacturer of Sensa satiety crystals has agreed to settlements in two cases alleging false advertising. In one case the company settled a false advertising lawsuit filed by several California district attorneys. In the other, the company agreed...
UK-based consumer goods firm Reckitt Benckiser told NutraIngredients today, “nutrition had been on its radar for awhile”, as it plunged $1.4bn (€1.09bn) to outbid German pharma firm Bayer for the US’s second biggest dietary supplements firm, Schiff Nutrition...
Nestlé’s $11.85bn (€9bn) acquisition of Pfizer Nutrition has been blocked by Mexican competition officials over concerns that the deal could lead to price increases.
A $1.4 billion counterbid by Reckitt Benckiser Group Plc may be winning the race for Schiff Nutrition International Inc., with reports indicating that German pharmaceutical giant Bayer will not raise its offer and is walking away from the deal.
LifeVantage, the manufacturer of the herbal supplement Protandim, was on the financial ropes when it took the leap into network marketing. The turnaround since then has been nothing short of remarkable, said Doug Robinson, president and CEO.
