Pharmaceutical firms are making strides in the Australia's medical cannabis space, but supplement and nutraceutical firms will have to wait a long time before they can do the same, says an industry expert.
Network marketing company Usana reported $1.19 billion in annual revenue in its fourth quarter earnings statement. The company now derives more than 80% of its revenue from the Asia-Pacific region.
Aker BioMarine, the world’s largest harvest of krill, used for krill oil supplements and feed products, has gotten even bigger with the inauguration of a new harvesting vessel.
Serious adverse events represented only a tiny fraction of overall reports in a detailed look at data from two major dietary supplement manufacturers, according to a recent study.
Contract manufacturing and formulation specialist Virun has launched a division devoted solely to CBD formulations. An executive said this was in response to overwhelming interest in the market.
Florida-based energy drink player Celsius Holdings has announced a deal that will both expand the company’s footprint in mainland China, as well as enable it to recoup money it has invested thus far in entering the market.
CBD products are all the rage in the pet supplement world. But these products occupy a similar legal limbo in this realm as they do in supplements meant for humans, experts say.
Benexia, a Chile-based supplier of chia and other plant-based nutraceutical ingredients, says the low market penetration of dietary supplement ingredients in the continent means the market has a huge potential upside.
Ninety-eight per cent of the approved health food filings in China over the last 18 months went to domestic firms, a Chinese regulatory consultancy has found.
No clear evidence exists of any adverse effects of low- / no-calorie sweeteners (LNCS) on the gut microbiota at doses relevant to human use, an in-depth review concludes.
Long term trends favor Herbalife’s business model and product suite, according to speakers at an annual meeting put on by the company that focused on the supply chain and quality initiatives.
Nuritas and Pharmavite have entered into a partnership that uses Artificial Intelligence (AI) to discover bioactive peptides that promise a more targeted approach to dietary supplementation.
Australian regulator the Therapeutic Goods Administration (TGA) is advising "extreme caution" when purchasing health supplements online, after discovering cancer-causing contaminants in a Chinese herbal cough product.
