Business

Probiota Asia 2018

WATCH – Herbalife: Don't underestimate the importance of internal alignment for external affairs

05-Nov-2018 By Gary Scattergood

Internal alignment within a nutrition company is just as important as external collaboration, in order to ensure that the regulatory environment is as favourable and effective as possible.

Revenue rockets at Swisse parent firm Health and Happiness as probiotics perform well

04-Sep-2018 By Tingmin Koe

Health and Happiness (H&H) achieved a revenue of RMB4573.6m (about US$669m) in the first half of 2018, which is 28.8% higher than the same period last year.

Sabinsa names Shaheen Majeed as company’s worldwide president

12-Jul-2017 By Adi Menayang

Sabinsa has promoted its marketing director, Shaheen Majeed, to worldwide president of the company, with responsibility for manufacturing, marketing, strategies and other operational matters.

Biz school study gives rise to brand dedicated to effective doses of top shelf ingredients

21-Apr-2017 By Hank Schultz

A business school plan developed into AlternaScript, a business that the founders say is built on using efficacious dosages of branded ingredients backed by clinical data, including a new weight loss product featuring a PLT ingredient.

People on the move – Spring 2016: Cyanotech, BGG, Cypress Systems, Prinova and more

25-Apr-2016 By Stephen Daniells

We’ve had a few notable hires and promotions this Spring, with new CEOs at Cyanotech and Nellson Nutraceutical, a new VP of Research & Commercial Development at Prinova, a new sales manager for Mexico at BGG, and more.

NBTY sells Vitamin World to Centre Lane Partners

03-Feb-2016 By Adi Menayang

To focus on its portfolio of products, NBTY sells its retail component Vitamin World to Centre Lane Partners.

Special Edition: View from the aisles: The retailers’ perspective

What role do branded ingredients play at retail?

23-Apr-2015 By Stephen Daniells

Ingredient suppliers can spend a lot of time and money differentiating their products but how do they communicate with the consumer, what issues are important to retailers, and is the investment worth it?

Twinlab can 'look to the future' now that recapitalization is complete

14-Aug-2014 By Hank Schultz

The restructuring of Twinlab is complete, as the entity Twinlab Consolidation Corporation has concluded its first deal, the acquisition of Twinlab Corporation itself.

Food Vision 2014 ready to encourage radical thinking and explore innovative opportunities

14-Mar-2014

Over 100 food industry leaders and senior directors from Europe, Asia and the Americas will soon convene in Cannes, France for the 2014 Food Vision summit to discuss key issues facing today’s global industry, from sustainability to innovation; alternative...

DSM Venturing strategically invests in ChromaDex

21-Oct-2013 By Stephen DANIELLS

Chromadex has received equity financing from DSM Venturing, the corporate venture arm of Royal DSM, a move that will allow the Californian company to explore new topics and to accelerate its existing pipeline.

ChromaDex cuts losses while posting tiny revenue increase

14-Aug-2013 By Hank Schultz

ChromaDex Corporation reported a 1% rise in overall revenues in the second quarter of 2013 while cutting losses to under $1 million.

Naturex acquires cranberry player Decas Botanical Synergies

19-Sep-2012 By Nathan Gray

Natural ingredient specialist Naturex has announced the acquisition of US-based cranberry specialist Decas Botanical Synergies.

Novel plant source of omega-3s DHA and EPA should be commercialized by 2020, says Cargill

09-Jul-2012 By Elaine Watson

A completely new source of the coveted long chain omega-3s EPA and DHA should be commercialized by the end of the decade thanks to a multi-million-dollar tie up between ingredient giants BASF and Cargill to produce the next generation of canola oils.

Herbalife: Belgian court judgment contains factual errors

19-Dec-2011 By Elaine Watson

Direct selling giant Herbalife says it will appeal last month’s ruling in a commercial court in Brussels stating it had violated Belgian law on unfair commercial practices.

New owners of Goldshield’s Consumer Health eying North American acquisitions

20-Jul-2011 By Stephen Daniells

The Consumer Health business from Goldshield Group Limited was the subject of a successful management buyout (MBO), and the new entity is now eyeing aggressive growth in North America via acquisition.

NBTY: FDA probe ‘embarrassing’, but we’ve addressed issues

21-Jun-2011 By Elaine Watson

Supplements giant NBTY has admitted that being the subject of a Food and Drug Administration (FDA) warning letter this spring was “embarrassing”, but insists it has since addressed all of the outstanding issues raised by the regulator.

NBTY: Below-cost bidding for private label contracts is not sustainable

06-Jun-2011 By Elaine Watson

Suicidally low bids for contracts to supply top US retailers with private-label dietary supplements have forced supplements giant NBTY to “walk away” from some tenders, bosses have admitted.

Martek prepares to launch consumer products

02-Sep-2010 By Lorraine Heller

Martek Biosciences says a strong financial performance will allow the firm to launch a number of consumer branded products next year, while it continues to explore other complementary business opportunities.

FDA to publish GMP compliance guide in 2009

05-Nov-2008 By Lorraine Heller

The US Food and Drug Administration may be publishing a compliance guide that would provide crucial help to small dietary supplement manufacturers trying to implement current good manufacturing practices (cGMP) legislation.

Cognis nutrition sales take small dip from bumper 06

31-May-2007 By Jess Halliday

Cognis' nutrition and health sales took a small dip in organic
terms Q1 2007 compared with an exceptionally strong quarter last
year, especially in functional food ingredients.

Nutraceutical sees good rise in profits

26-Jan-2006 By staff reporter

Utah supplement maker Nutraceutical boosted its operating income by
almost a fifth during the first quarter, thanks to a rise in sales
and lower selling and administrative expenses.

PharmaNutrients unveils total ingredients system

24-May-2005

Illinois ingredients company PharmaNutrients is offering customers
a value-added service which it says will reduce both the risks of
developing new products and the time it takes to bring them to
market, reports Jess Halliday.

Volume sales lifts Degussa 1H

10-Aug-2004

Building on a stronger start to the year, Germany's third largest
chemicals group reports continued growth into the second quarter
with an increase in demand pushing up sales and earnings for the
period but the firm warned that...

Network marketing, good model for supplements

17-Mar-2004

Supplement maker Reliv International saw sales and profits leap
during 2003 thanks to good growth of its network marketing
activities in the US and key international markets.

Weider to continue investment in joint supplement

18-Dec-2003

A consumer marketing campaign for Weider Nutrition's Move Free
brand has had a significant impact on operating profits, company
results revealed today.

Bunge sheds bottled oils

29-Sep-2003

In the space of seven days US agri-giant Bunge has not only plunged
deeper into Far Eastern oils but also shed the private label retail
bottled oil business of its edible oil division.

Ocean Spray rejects Northland offer

03-Mar-2003

Directors of cranberry growers co-operative Ocean Spray have
rejected a bid from rival Northland to purchase its juice business
and brand name, saying the unsolicited bid was calculated to cause
disruption among its grower-owners...

End of ephedra for EAS

23-Jan-2003

Weight-loss products maker EAS has launched a new fat-burning
supplement called ThermoDynamX, at the same time as it publicises
its exit from the ephedra-based market.

Wessanen European business stronger than US

28-Aug-2002

Dutch food company Wessanen reported sales of €1,449.5 million for
the first half of 2002. Business in Europe has been positive, but
Tree of Life North American produced disappointing results, said
the company.