Natural products industry leaders got an update on how the Federal Trade Commission (FTC) views advertising claims when Richard Cleland, assistant director of advertising practices for the Bureau of Consumer Protection for FTC addressed The Big Natural in Las Vegas, NV on June 7. The bottom line, Cleland said, is...
Los Angeles, CA — Vitamin Angels, the non-profit dedicated to supplying at-risk communities around the world, specifically children, with life-saving vitamins was recently featured in a CNN article for its efforts to expand its efforts further. Since 1994, the organization has reached 52 million children and mothers in 66 countries...
Washington, D.C. — The U.S. Food and Drug Administration will extend the timetable for compliance with its new rules for Nutrition Facts and Supplement Facts Label and Service Size, the agency announced on Monday. “We listened to the industry and consumer feedback,” said Anne Norris, Health Communications specialist with the...
Park City, UT — Nutraceutical International Corporation has entered into an agreement under which an affiliate of HGGC, LLC, a middle-market private equity firm, will acquire the company in a transaction valued at about $446 million that includes debt to be refinanced. Under the terms of the agreement, Nutraceutical stockholders...
Houston, TX — Qualitas Health has announced a long term, strategic partnership with the commercial crop producer Green Stream Farms in an effort to triple its algae production. This will allow the firm to achieve enough critical mass to become a sustainable omega-3 alternative worldwide at a commercial scale. “We...
East Rutherford, NJ — All shares of Mushroom Wisdom, Inc. have been acquired by Hokuto Corporation, one of Japan’s biggest mushroom cultivators with annual sales of about $600 million. The transaction also includes the acquisition of Sun Medica, Co., Ltd, an affiliate of Mushroom Wisdom as well as the transfer...
There are certain things to be expected in life, but none can be more certain than the expectation of getting older. Suddenly our supple skin begins to sag, our nimble joints begin to ache and creak, and formerly lustrous hair thins. It’s inevitable to some degree, but consider this: thanks...
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. — 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...
Orangeburg, NY — Mediterranean populations have lower levels of heart disease compared to the U.S. where one in four deaths are due to heart disease. These Mediterranean populations have been studied and it was found that their daily intake of five to ten milligrams of olive oils and olive fruit...
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