Parsippany, NJ—DSM announced a new partnership with Mile High Labs (MHL). According to a press release, the two companies will work together to develop unique hemp-derived cannabinoid solutions. “There is a strong consumer pull in the CBD space for high-quality, health-benefit driven solutions, but as yet the market is still...
Bradenton, FL—HP Ingredients (HPI) has purchased a stake in Herbal & Antioxidant Derivatives (H&AD) of Calabria, Italy, making HPI a shareholder contributing to worldwide sales and marketing for the company, according to a press release. H&AD manufactures a patented bergamot polyphenolic extract supported by human clinical trials. “Alongside with pre-clinical...
Kerry has released research uncovering the psychology behind consumers’ botanical preferences and perceived benefits, according to a press release. The research examined 44 emotions that consumers associate with botanical extracts. Between 2017 and 2020, botanical use in beverages rose 46%. The global market for botanical beverages and foods is expected...
Oslo, Norway—A new study supported by Kappa Bioscience has confirmed that vitamin K status is lower in hospitalized patients with COVID-19, compared to a healthy population control group. The research also showed low vitamin K status to be predictive of higher mortality. The research was sparked by initial promising data...
Madrid, Spain—A new study has linked a branded saffron extract, affron, with an improvement in psychological symptoms of menopause. A press release from Pharmactive, makers of affron, explains that perimenopause includes symptoms ranging from hot flashes to changes in cognitive function, performance, and mood. This study, published in the Journal...
Huntington Station, NY—Frank D’Amelio, Sr., CEO of Bio-Botanica, passed away on June 11, 2021. D’Amelio and his wife Josephine founded the company in 1972, according to the company’s website, and together, the two brought Bio-Botanica to where it is today: with a 160,000 square-foot GMP certified manufacturing facility, four retail...
Farmingdale, NY—NutraScience Labs has secured a new distribution center, according to a press release. The 13,500 square-foot building is located in Hauppage, NY, where it has easy access to I-495, helping to streamline freight shipping. The facility is expected to open by October of this year, and Nutrascience expects that...
Roxboro, NC—Open Book Extracts (OBX), a cannabinoid ingredient manufacturer and product developer, has closed an $11.5m Series B equity financing round, according to a press release. Funding was led by Nortecapital and KEY Investment Partners. OBX states in the press release that the financing will be used to accelerate safety...
Yokneam Illit, Israel—NextFerm Technologies announced its successful completion of an industrial production pilot for ProteVin, a vegan, non-GMO, yeast-based protein alternative. The food-tech company reported in a press release that the successful pilot is the first of three milestones towards commercial production and launch of ProteVin, planned in 2022. The two...
Spring, TX—The Global Prebiotic Association (GPA) is hosting a free educational virtual workshop on Thursday, June 10, 2021, from 10 a.m. to 1 p.m. EDT to cover the latest science on prebiotic mechanisms and to take a dive into immunity, according to a press release. The three-part interactive workshop focuses...
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