Category | Industry Updates

AHPA Adds Custom SOPs to cGMP-Compliance Offerings

Posted on 17 February 2012

SILVER SPRING, Md.—The American Herbal Products Association (AHPA) is offering more than 30 standard operating procedure (SOP) templates to help companies meet dietary supplement current good manufacturing practice (cGMP) compliance. The SOP variance templates were developed for an AHPA educational seminar, “cGMP Compliance Series Teleseminar: Variances,” by Staci Eisner, vice president of quality for Cortex [...]

Request It! 2011 Executive Compensation Survey for the Consumer Health & Wellness Sector

Posted on 07 February 2012

Sanford Rose Associates – Nutrition and Natural Products Division released the 2011 Executive Compensation Survey for the Consumer Health and Wellness sector. The survey collected key demographic and compensation data from over 200 executives in the dietary supplement, ingredient, nutraceutical, and natural /organic food, beverage and personal care industries. The respondents include Founders, CEOs, CFOs, [...]

Neways Enterprises Completes Restructuring

Posted on 21 January 2012

Neways Enterprises, a worldwide leader in dietary supplements and personal care products, announced today that it has completed a comprehensive out-of-court restructuring, allowing the company to significantly reduce its debt.  As a result of the transaction, private equity firm Z Capital Partners, L.L.C. and funds affiliated with S.A.C. Capital Advisors, L.P. will in the aggregate [...]

LTS Nutraceuticals Inc. (LTSN) Completes Biocalth Acquisition

Posted on 20 January 2012

LTS Nutraceuticals Inc. (OTCBB: LTSN), makers of a unique line of high-quality personal care, vitamin, supplement and neutraceutical offerings, reported completion of the Biocalth International, Inc., Giantceuticals, Inc. and HerbSource Enterprises, Inc. acquisitions, resulting in a business entity that has considerable striking distance in both European and Asian markets. CEO of LTSN, Jerry Rayman, pointed [...]

Muscle & Fitness Launches E-Store and Membership Program

Posted on 06 January 2012

David J. Pecker, Chairman, President and CEO of American Media, Inc. (AMI), today announced that Muscle & Fitness, the leading publication dedicated to providing cutting-edge training, nutrition and supplement information, has launched an exclusive e-store at MuscleandFitness.com that provides a range of products in the fitness and sports nutrition categories. The e-store offers more than [...]

DAWN – Developing and Advancing Women in Naturals

Posted on 04 January 2012

Two statistics inspired Naomi Whittel, CEO and founder of Gainesville, Fl.-based Reserveage Organics, to launch Developing and Advancing Women in Naturals (DAWN): Women represent a mere 1 percent of CEOs, though they’re responsible for nearly 80 percent of (increasingly health-conscious) purchasing decisions. “As a female CEO with more than a decade of experience in the [...]

Nutrition 21 Changes Ownership

Posted on 29 November 2011

An investment group led by Phillip and Michael Satow acquired all assets of Nutrition 21; however, the company will continue to operate under the Nutrition 21 name. Michael Satow will serve as president and chief executive officer, and Phillip Satow will take over as chairman of the board. “I am very excited about the acquisition [...]

FDA Sues Dietary Supplement Maker for Violating Laws

Posted on 29 November 2011

The US FDA has sued a dietary supplement manufacturer, ATF Fitness Products and Manufacturing ATF Dedicated Excellence (MADE), for non-compliance with the Federal Food, Drug, and Cosmetic Act. The company has been charged with, by the US Department of Justice, adulteration and mislabeling of its products, besides violation of current Good Manufacturing Practice (cGMP) regulations. [...]

Hulk Hogan Launches New Nutrition Website

Posted on 01 November 2011

HoganNutrition.com Officially Live with Weekend Launch Party  – Delray Beach, FL November 01, 2011 Sports Nutrition Innovations, Inc. celebrated the official launch of Hulk Hogan Nutrition with a major launch party in Florida this past weekend. The website, which is endorsed by professional wrestling legend Hulk Hogan, features thousands of nutritional products and top brands. [...]

Designer Protein Announces New CEO

Posted on 09 October 2011

Designer Protein, LLC is pleased to announce that Grace Jeon has joined the company as Chief Executive Officer. Ms. Jeon joins Designer Whey from the Fiji Water Company where she held the position of Senior Vice President, Global Business Development. Prior to her current role Ms. Jeon was Vice President of Marketing for Fiji Water. [...]

E.I.D.-Parry completes acquisition of U. S. Nutraceuticals

Posted on 08 October 2011

E.I.D.-Parry (India) Limited, a  part of the US$3.8 bn Murugappa Group, has announced acquisition of 100% of the voting shares of U. S. Nutraceuticals LLC  (Valensa International), a Limited Liability Company based in Florida, USA. Parry acquired a 48% stake in Valensa in 2008 as a part of its business strategy to move up the [...]

Virtual Conference – Engredea365 – September 29th

Posted on 25 September 2011

The premier virtual event for the industry is will take place September 29, 2011 10:00AM-7:00PM EST Single day Web-based format Free-to-Attend forum for healthy food, beverage, nutricosmetic and supplement communities Exhibit hall for attendees to interact with vendors Auditorium for viewing premium Nutracon education Live Q&A with experts White papers and videos available for viewing [...]

Facebook’s Ad Guidelines Now Permit Dietary Supplements

Posted on 25 September 2011

Facebook recently announced changes to its Ad Guidelines that permit advertising for several verticals that were previously prohibited. Among them are legal dietary supplements that may now be promoted with some restrictions. Ads for online pharmacies, however, are prohibited unless they are certified and approved by Facebook. Online pharmacies were not expressly prohibited before, but [...]

Kerry Group to Acquire Cargill Flavor Systems

Posted on 25 September 2011

Kerry Group, the global ingredients & flavours and consumer foods group, confirmed that it has entered into an agreement to acquire Cargill’s global flavors business. Cargill Flavor Systems with annual revenues of approximately US$200m is being acquired by Kerry for a consideration of US$230m subject to closing adjustments. Cargill Flavor Systems has well-established international flavor [...]

GNC to Acquire LuckyVitamin.com

Posted on 01 September 2011

GNC Holdings, Inc. has announced it has agreed to acquire LuckyVitamin.com. While the terms of the deal were not disclosed, following the acquisition, GNC.com, GNC’s e-Commerce platform, and LuckyVitamin.com will continue to operate as separate businesses, each with its own product offerings and target customers.

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