Irvine, CA — ChromaDex announced its financial results for the first quarter (Q1) of 2017 ending on April 1, 2017. Net sales for Q1 2017 were $4.4 million, compared to the Q1 2016 which were $7.3 million, a 39% decrease. The firm attributes this decrease to dropping its largest customer...
Washington, D.C. — An article in the Washington Post reports that as part of the spending bill passed by Congress this week to avoid government shutdown and fund the government until the end of September, $3 million will be allocated to a U.S. Food and Drug Administration (FDA) program to...
Washington, D.C. — The Supplement Online Wellness Library (OWL), created by the Council for Responsible Nutrition (CRN) and developed and administered by UL is officially live, one year after its announcement and a period of beta testing. “Last month, during Expo West, it was heartening to witness the high level...
Brooklyn, NY — ITO EN (North America) Inc. announced its partnership with food industry redistributor Dot Foods, which will expand less than truck load availability of its popular brands, including matcha LOVE, TEAS’ TEA Organic and Oi Ocha, to distributors nationwide. Dot Foods has a streamlines business model, removing large...
Basel, Switzerland — Lonza issued a press release boasting a record first quarter in 2017 in terms of sales and earnings, resulting from the strong performance of its Pharma/Biotech and Specialty Ingredients segments. “Following the record results last year, we have been able to continue our success into 2017. The...
SupplySide East, a Northeast supplier event for finished product manufacturers and marketers in the health and nutrition industry, will return to Secaucus, NJ for a two day exhibit at the Meadowlands Exposition Center on April 10th and 11th, 2018. To help keep cost down, “two 10’x10’ and one 10’x20’ complete booth...
The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, announced the addition of seven new companies to the association’s membership roster: Activ Nutritional, LLC, Ortho Molecular Products, Inc., Personalized Nutrition, LLC (VitaminPacks.com), Kilpatrick Townsend & Stockton, Micro Quality Labs Inc., Supplement...
OmniActive Health Technologies, based in Morristown, NJ, announced Johan Kamphuis as the president of Global Business. Kamphuis, who has 34 years experience in the food and dietary supplement industries and was most recently executive vice president at Bioriginal, will be operating out of the EU and focus on “targeted growth...
NatureFresh Farms based in Leamington, ON, Canada, has broken ground on a new 106,000 sq.ft distribution center that is to be completed by mid summer. This new facility will allow the firm to increase production and packaging onsite. NatureFresh also recently launched new USDA Certified Organic Tomatoes on the Vine...
Supplements are doing well, according the Nutrition Business Journal, which presented its findings at Expo West’s Supplements Today education session. Supplements grew 6.6% in 2016, amounting to $41.4 billion and functional foods grew even more, by 7.6% or $59.7 billion. Natural and specialty stores are driving this growth, with 37%...
