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- Spectrum Organic Products Responds to FDA Letter Regarding Use of Non-GMO Seal on Canola Oil Label
- Supplement Group Targets Consumer Education
- ADM Awarded Nutraceuticals Patent Patent Creates Proprietary Position for ADM in Fast-Growing Nutraceutical Market
- Tantivy Sciences Obtains Exclusive License to Unique Nutraceutical Products
- ConsumerLab.com Finds Most B-vitamin Supplements Contain What They Claim, But Often Exceed Safe Levels - Consumers Cautioned to Be Aware of Side Effects with High Dose Products
- Nutraceutix, Inc., Nutravite Announcement Commercial Availability of CDT™ Glucosamine for Canadian Marketplace
- Human Genome Project Leads to Innovative Healthcare
- NPIcenter’s Career Center targets nutraceutical Industry
- Adding Vitamin C To Certain Drugs May Help Treat Alzheimer's, Other Brain Disorders
- Adding Vitamin C To Certain Drugs May Help Treat Alzheimer's, Other Brain Disorders
- Editorial: An Exercise in Synergy
- NBTY, Inc. Appoints Harvey Kamil President, Scott Rudolph To Continue As Chairman And CEO
- Ross Products to Launch Infant Formula Supplemented With Two New Fatty Acids
- Ross Products to Launch Infant Formula Supplemented With Two New Fatty Acids
- Ross Products to Launch Infant Formula Supplemented With Two New Fatty Acids
- LignisulMSM vs Naproxen for Osteoarthritis Clinical Trial Gets Underway
- FDA Presents Compliance Guide for Structure/Function Claims
- New TrimFit® Bars Redefine Energy Bar Category
- New TrimFit® Bars Redefine Energy Bar Category
- Probiata® Offers Safe, Natural and Effective Alternative
- Alive & Well with Michelle Harris
- Be Well and Get Rewarded! Find Personalized Wellness Solutions and Earn Free Vitamins at NatureMade.com
- Consumers Search for Healthy Cleaning Products That Work
- Nordic Naturals: Omega 3 Fatty Acids
- KAVA ADVISORY: Health Canada is advising consumers not to use any products containing kava
- Modern Science Confirms Ancient Wisdom!
- Modern Science Confirms Ancient Wisdom!
- "Natural" or "Plant-Derived" Labeling Can Mislead
- CDN: Natural Health Products Report - Update
- NPI Editorial: Are we using Best Practices?
- AHPA Update: Kava Information from the AHPA Executive Committee
- European Commission Proposes Registration Scheme for Herbal Medicine to Avoid Need for Testing
- Statement on Kava in New Zealand
- BICL Discontinues Kava Sales; Health Canada Issues Consumer Warning
- BICL Discontinues Kava Sales; Health Canada Issues Consumer Warning
- MGP Ingredients Announces Fiscal 2006 Fourth Quarter and Year-End Results
Company reports net income of $7,363,000, or $0.45 in basic earnings per share, for the fourth quarter, which ended June 30, 2006, compared to net income of $732,000, or $0.05 in basic earnings per share, for the fourth quarter of fiscal 2005, on sales of $90,338,000, an increase of 22 percent above sales of $73,949,000 in the prior year period.
- Rowe Farm Meats and Investeco Capital announce investment partnership to grow naturally-raised foods company
Rowe Farm Meats has announced that Investeco Capital has made a significant investment in the company to increase awareness of naturally-raised food, develop new products and increase productivity and sales.
- Rowe Farm Meats and Investeco Capital announce investment partnership to grow naturally-raised foods company
Rowe Farm Meats has announced that Investeco Capital has made a significant investment in the company to increase awareness of naturally-raised food, develop new products and increase productivity and sales.
- Rowe Farm Meats and Investeco Capital announce investment partnership to grow naturally-raised foods company
Rowe Farm Meats has announced that Investeco Capital has made a significant investment in the company to increase awareness of naturally-raised food, develop new products and increase productivity and sales.
- Rowe Farm Meats and Investeco Capital announce investment partnership to grow naturally-raised foods company
Rowe Farm Meats has announced that Investeco Capital has made a significant investment in the company to increase awareness of naturally-raised food, develop new products and increase productivity and sales.
- Natrol's Prolab Business Poised for Growth; New Senior Marketing Teams Drive Prolab Business Growth
Company announces the appointment of senior marketing management for Prolab(R), Natrol's sports nutrition brand in the United States and the United Kingdom, as Eric Schick, Vice President of Marketing, and Gloria Reynolds, Director of Marketing, head the U.S. team, while Margaret Peet leads UK team along with Tony Gay, Business Development Manager.
- Natrol's Prolab Business Poised for Growth; New Senior Marketing Teams Drive Prolab Business Growth
Company announces the appointment of senior marketing management for Prolab(R), Natrol's sports nutrition brand in the United States and the United Kingdom, as Eric Schick, Vice President of Marketing, and Gloria Reynolds, Director of Marketing, head the U.S. team, while Margaret Peet leads UK team along with Tony Gay, Business Development Manager.
- Natrol's Prolab Business Poised for Growth; New Senior Marketing Teams Drive Prolab Business Growth
Company announces the appointment of senior marketing management for Prolab(R), Natrol's sports nutrition brand in the United States and the United Kingdom, as Eric Schick, Vice President of Marketing, and Gloria Reynolds, Director of Marketing, head the U.S. team, while Margaret Peet leads UK team along with Tony Gay, Business Development Manager.
- Natrol's Prolab Business Poised for Growth; New Senior Marketing Teams Drive Prolab Business Growth
Company announces the appointment of senior marketing management for Prolab(R), Natrol's sports nutrition brand in the United States and the United Kingdom, as Eric Schick, Vice President of Marketing, and Gloria Reynolds, Director of Marketing, head the U.S. team, while Margaret Peet leads UK team along with Tony Gay, Business Development Manager.
- Burcon granted European patent
Company has been granted a patent by the European Patent
Office: European Patent No. 1434493 - "Flax Protein Isolate and Production" -
which covers a novel protein isolate derived from any flax oil seed, including the low linolenic acid variety Linola(TM) oil seed, and the production thereof.
- Burcon granted European patent
Company has been granted a patent by the European Patent
Office: European Patent No. 1434493 - "Flax Protein Isolate and Production" -
which covers a novel protein isolate derived from any flax oil seed, including the low linolenic acid variety Linola(TM) oil seed, and the production thereof.
- Burcon granted European patent
Company has been granted a patent by the European Patent
Office: European Patent No. 1434493 - "Flax Protein Isolate and Production" -
which covers a novel protein isolate derived from any flax oil seed, including the low linolenic acid variety Linola(TM) oil seed, and the production thereof.
- Burcon granted European patent
Company has been granted a patent by the European Patent
Office: European Patent No. 1434493 - "Flax Protein Isolate and Production" -
which covers a novel protein isolate derived from any flax oil seed, including the low linolenic acid variety Linola(TM) oil seed, and the production thereof.
- Burcon granted European patent
Company has been granted a patent by the European Patent
Office: European Patent No. 1434493 - "Flax Protein Isolate and Production" -
which covers a novel protein isolate derived from any flax oil seed, including the low linolenic acid variety Linola(TM) oil seed, and the production thereof.
- BioGaia Sells Oil to Canada and The Middle East
Company has expanded its March 2006 agreement with Swiss pharmaceutical company Ferring Pharmaceuticals for an exclusive
license to sell BioGaia's probiotic drops to now include Canada and several Middle East countries.
- BioGaia Sells Oil to Canada and The Middle East
Company has expanded its March 2006 agreement with Swiss pharmaceutical company Ferring Pharmaceuticals for an exclusive
license to sell BioGaia's probiotic drops to now include Canada and several Middle East countries.
- BioGaia Sells Oil to Canada and The Middle East
Company has expanded its March 2006 agreement with Swiss pharmaceutical company Ferring Pharmaceuticals for an exclusive
license to sell BioGaia's probiotic drops to now include Canada and several Middle East countries.
- BioGaia Sells Oil to Canada and The Middle East
Company has expanded its March 2006 agreement with Swiss pharmaceutical company Ferring Pharmaceuticals for an exclusive
license to sell BioGaia's probiotic drops to now include Canada and several Middle East countries.
- BioGaia Sells Oil to Canada and The Middle East
Company has expanded its March 2006 agreement with Swiss pharmaceutical company Ferring Pharmaceuticals for an exclusive
license to sell BioGaia's probiotic drops to now include Canada and several Middle East countries.
- Herbalife Appoints New Vice President of Human Resources and Further Implements Global HR Strategy
Company announces the appointment of Robert Engelbrecht as vice president of human resources for the company's EMEA (Europe, Middle East and Africa) region, and the appointment of Takayuki Ikeda as director of human resources supporting the North Asia region.
- Herbalife Appoints New Vice President of Human Resources and Further Implements Global HR Strategy
Company announces the appointment of Robert Engelbrecht as vice president of human resources for the company's EMEA (Europe, Middle East and Africa) region, and the appointment of Takayuki Ikeda as director of human resources supporting the North Asia region.
- Herbalife Appoints New Vice President of Human Resources and Further Implements Global HR Strategy
Company announces the appointment of Robert Engelbrecht as vice president of human resources for the company's EMEA (Europe, Middle East and Africa) region, and the appointment of Takayuki Ikeda as director of human resources supporting the North Asia region.
- Herbalife Appoints New Vice President of Human Resources and Further Implements Global HR Strategy
Company announces the appointment of Robert Engelbrecht as vice president of human resources for the company's EMEA (Europe, Middle East and Africa) region, and the appointment of Takayuki Ikeda as director of human resources supporting the North Asia region.
- Frutarom Reports Second Quarter Results
Company reports sales of US$ 72.3 million, growth of 7.9%, compared with the same quarter of 2005, with gross profit of US$ 26.3 million compared with US$ 26.9 million, a decline of 2.4%.
- Frutarom Reports Second Quarter Results
Company reports sales of US$ 72.3 million, growth of 7.9%, compared with the same quarter of 2005, with gross profit of US$ 26.3 million compared with US$ 26.9 million, a decline of 2.4%.
- Lifeline Therapeutics, Inc. Announces Q4 and FY 2006 Financial and Operating Results
Company reports Q4 revenues of 1.1 million and a loss of $(1.6) million, or $(0.07) per share, compared to revenues of $2.3 million and a loss of $(2.8) million, or $(0.16) per share prior year.
- Lifeline Therapeutics, Inc. Announces Q4 and FY 2006 Financial and Operating Results
Company reports Q4 revenues of 1.1 million and a loss of $(1.6) million, or $(0.07) per share, compared to revenues of $2.3 million and a loss of $(2.8) million, or $(0.16) per share prior year.
- Corazonas Foods Spins Out From Brand New Brands
Company has "spun out" from Brand New Brands, Inc. and announced that Charles A. Lynch is chair of the board of Corazonas Foods, with Edward Marra joining Corazonas Foods' board of directors.
- Corazonas Foods Spins Out From Brand New Brands
Company has "spun out" from Brand New Brands, Inc. and announced that Charles A. Lynch is chair of the board of Corazonas Foods, with Edward Marra joining Corazonas Foods' board of directors.
- Corazonas Foods Spins Out From Brand New Brands
Company has "spun out" from Brand New Brands, Inc. and announced that Charles A. Lynch is chair of the board of Corazonas Foods, with Edward Marra joining Corazonas Foods' board of directors.
- Corazonas Foods Spins Out From Brand New Brands
Company has "spun out" from Brand New Brands, Inc. and announced that Charles A. Lynch is chair of the board of Corazonas Foods, with Edward Marra joining Corazonas Foods' board of directors.
- Coleman Natural Foods, LLC, New Powerhouse Natural and Organic Food Company Formed by Merger
Coleman Natural Foods, LLC, has been formed by merger of BC Natural Foods, LLC, located in Golden, Colorado, with KDSB Holdings, LLC, headquartered in Gainesville, Georgia.
- Coleman Natural Foods, LLC, New Powerhouse Natural and Organic Food Company Formed by Merger
Coleman Natural Foods, LLC, has been formed by merger of BC Natural Foods, LLC, located in Golden, Colorado, with KDSB Holdings, LLC, headquartered in Gainesville, Georgia.
- Coleman Natural Foods, LLC, New Powerhouse Natural and Organic Food Company Formed by Merger
Coleman Natural Foods, LLC, has been formed by merger of BC Natural Foods, LLC, located in Golden, Colorado, with KDSB Holdings, LLC, headquartered in Gainesville, Georgia.
- Coleman Natural Foods, LLC, New Powerhouse Natural and Organic Food Company Formed by Merger
Coleman Natural Foods, LLC, has been formed by merger of BC Natural Foods, LLC, located in Golden, Colorado, with KDSB Holdings, LLC, headquartered in Gainesville, Georgia.
- Boehringer Ingelheim and IdeaSphere Announce Acquisition Deal
Boehringer Ingelheim and IdeaSphere Inc. have announced the sale of Boehringer Ingelheim's Natural Healthcare company and business Pharmaton SA (Lugano) to IdeaSphere
- Boehringer Ingelheim and IdeaSphere Announce Acquisition Deal
Boehringer Ingelheim and IdeaSphere Inc. have announced the sale of Boehringer Ingelheim's Natural Healthcare company and business Pharmaton SA (Lugano) to IdeaSphere
- Burcon granted U.S. patent
Company has been granted United States Patent Number 7,087,720; "Enhanced Oilseed Protein Recovery" for a novel and commercially important component of its protein extraction and purification
technology.
- Burcon granted U.S. patent
Company has been granted United States Patent Number 7,087,720; "Enhanced Oilseed Protein Recovery" for a novel and commercially important component of its protein extraction and purification
technology.
- Burcon granted U.S. patent
Company has been granted United States Patent Number 7,087,720; "Enhanced Oilseed Protein Recovery" for a novel and commercially important component of its protein extraction and purification
technology.
- GeoPharma Appoints Nutraceutical President
Company has appointed Robert A. Herrmann, President of its nutraceutical manufacturing division Innovative Health Products, Inc.
- GeoPharma Appoints Nutraceutical President
Company has appointed Robert A. Herrmann, President of its nutraceutical manufacturing division Innovative Health Products, Inc.
- GeoPharma Appoints Nutraceutical President
Company has appointed Robert A. Herrmann, President of its nutraceutical manufacturing division Innovative Health Products, Inc.
- GeoPharma Appoints Nutraceutical President
Company has appointed Robert A. Herrmann, President of its nutraceutical manufacturing division Innovative Health Products, Inc.
- Compound Solutions Announces CoQ10 Agreement with Premier Manufacturer in China
Company announces its agreement to represent Hangzhou Zhongmeihuadong Pharmaceutical (HZH) in CoQ10 distribution across North America and Europe.
- Compound Solutions Announces CoQ10 Agreement with Premier Manufacturer in China
Company announces its agreement to represent Hangzhou Zhongmeihuadong Pharmaceutical (HZH) in CoQ10 distribution across North America and Europe.
- Reliv International Names Michael D. Smith to Board of Directors
Company has named Michael D. Smith, former vice president of government and industry affairs at Nu Skin Enterprises, to its board of directors.
- Reliv International Names Michael D. Smith to Board of Directors
Company has named Michael D. Smith, former vice president of government and industry affairs at Nu Skin Enterprises, to its board of directors.
- Reliv International Names Michael D. Smith to Board of Directors
Company has named Michael D. Smith, former vice president of government and industry affairs at Nu Skin Enterprises, to its board of directors.
- Reliv International Names Michael D. Smith to Board of Directors
Company has named Michael D. Smith, former vice president of government and industry affairs at Nu Skin Enterprises, to its board of directors.
- United Natural Foods Reports Sales and Earnings for the Fourth Quarter and Fiscal Year
Company reports net income of $12.7 million for the fourth quarter of fiscal 2006, ended July 29, 2006, or $0.30 per share on a diluted basis, compared to $11.8 million, or $0.28 per diluted share prior year, with net sales of $619.8 million, an increase of $76.8 million, or 14.1%, from the $543.0 million recorded in the fourth quarter of fiscal 2005.
- United Natural Foods Reports Sales and Earnings for the Fourth Quarter and Fiscal Year
Company reports net income of $12.7 million for the fourth quarter of fiscal 2006, ended July 29, 2006, or $0.30 per share on a diluted basis, compared to $11.8 million, or $0.28 per diluted share prior year, with net sales of $619.8 million, an increase of $76.8 million, or 14.1%, from the $543.0 million recorded in the fourth quarter of fiscal 2005.
- Fytokem announces record second quarter financial results
Company reports net income of about $43,000 on record quarterly sales of $339,762.
- Fytokem announces record second quarter financial results
Company reports net income of about $43,000 on record quarterly sales of $339,762.
- Fytokem announces record second quarter financial results
Company reports net income of about $43,000 on record quarterly sales of $339,762.
- Vitiva Posts Strong First Half Performance
Company reports significant year over year sales growth.
- Vitiva Posts Strong First Half Performance
Company reports significant year over year sales growth.
- Vitiva Posts Strong First Half Performance
Company reports significant year over year sales growth.
- Vitiva Posts Strong First Half Performance
Company reports significant year over year sales growth.
- The Hain Celestial Group Announces Record Fourth Quarter and Fiscal Year 2006 Results
Company reports fourth quarter net sales of $195 million, a 29% increase compared with $151 million in the prior year period, GAAP net income for the fourth quarter, including special charges of $0.02 per share, was $0.22 per share compared to ($0.07) per share in the prior year quarter.
- The Hain Celestial Group Announces Record Fourth Quarter and Fiscal Year 2006 Results
Company reports fourth quarter net sales of $195 million, a 29% increase compared with $151 million in the prior year period, GAAP net income for the fourth quarter, including special charges of $0.02 per share, was $0.22 per share compared to ($0.07) per share in the prior year quarter.
- Glanbia Makes Major US Nutritionals Acquisition
Company announced the acquisition of a California based nutritional business, Seltzer Companies, Inc. US$105 million (Euro81.8 million), of which US$80.0 million
(Euro62.3 million) cash is payable on completion and US$25.0 million (Euro19.5 million) deferred payments.
- Glanbia Makes Major US Nutritionals Acquisition
Company announced the acquisition of a California based nutritional business, Seltzer Companies, Inc. US$105 million (Euro81.8 million), of which US$80.0 million
(Euro62.3 million) cash is payable on completion and US$25.0 million (Euro19.5 million) deferred payments.
- Mineral Resources International Announces Termination of Exclusive Supply Agreement with Trace Minerals Research
Company announces that its exclusive supply agreement for the U.S. health food store market with distributor Trace Minerals Research (TMR) has ended.
- Mineral Resources International Announces Termination of Exclusive Supply Agreement with Trace Minerals Research
Company announces that its exclusive supply agreement for the U.S. health food store market with distributor Trace Minerals Research (TMR) has ended.
- Martek Announces Third Quarter Financial Results
Company reports revenues of $70.4 million were achieved, compared to $39.5 million for the third quarter of fiscal 05 , with net income of $5.3 million, or $0.16 per diluted share, compared to net loss of $100,000, or $0.00 per diluted share, for the 3rd Qtr 05.
- Martek Announces Third Quarter Financial Results
Company reports revenues of $70.4 million were achieved, compared to $39.5 million for the third quarter of fiscal 05 , with net income of $5.3 million, or $0.16 per diluted share, compared to net loss of $100,000, or $0.00 per diluted share, for the 3rd Qtr 05.
- Jamieson Laboratories Centralizes Manufacturing with Closure of Vancouver Facility
Company is closing Vancouver plant in order to centralize manufacturing operations at state-of-the-art facilities at
headquarters in Windsor, Ontario.
- Jamieson Laboratories Centralizes Manufacturing with Closure of Vancouver Facility
Company is closing Vancouver plant in order to centralize manufacturing operations at state-of-the-art facilities at
headquarters in Windsor, Ontario.
- Jamieson Laboratories Centralizes Manufacturing with Closure of Vancouver Facility
Company is closing Vancouver plant in order to centralize manufacturing operations at state-of-the-art facilities at
headquarters in Windsor, Ontario.
- Peer-Reviewed Published Study Demonstrates Safety of UC-II®
A recent study published in Toxicology Mechanisms and Methods demonstrates that UC-II®, InterHealth Nutraceuticals’ 40 mg, once-a-day, joint-health ingredient, is safe.
- Peer-Reviewed Published Study Demonstrates Safety of UC-II®
A recent study published in Toxicology Mechanisms and Methods demonstrates that UC-II®, InterHealth Nutraceuticals’ 40 mg, once-a-day, joint-health ingredient, is safe.
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
BioVittoria Announces the First Customer Beverage To Be Naturally Sweetened With Fruit-Sweetness™ Clorie-Free Fruit Concentrate
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- Jarrow Formulas® YouTube Channel Approaches 1 Million Views as Olympian-Endorsed Product Video Goes Viral
The overwhelming popularity of the 26-second Olympian-endorsed product video, featuring short-track speed skater Katherine Reutter, reaps 1 million views for the Jarrow Formulas® YouTube Channel.
- ISO14001 certification granted to Indena
Indena has been granted the ISO14001 certification for its main production site of Settala (Milan).
- ISO14001 certification granted to Indena
Indena has been granted the ISO14001 certification for its main production site of Settala (Milan).
- ISO14001 certification granted to Indena
Indena has been granted the ISO14001 certification for its main production site of Settala (Milan).
- ISO14001 certification granted to Indena
Indena has been granted the ISO14001 certification for its main production site of Settala (Milan).
- ISO14001 certification granted to Indena
Indena has been granted the ISO14001 certification for its main production site of Settala (Milan).
- New Company for “Change-The-World” Entrepreneurs™ Launches
- GMP Labs Expands Liquid Nutraceutical Capabilities
- What Parents Should Know About Kids and Supplements
- What Parents Should Know About Kids and Supplements
- Oats Beat Back Cholesterol
- Oats Beat Back Cholesterol
- Seniors: Pump Up for Strong Bones and Heart
- Seniors: Pump Up for Strong Bones and Heart
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QUEBEC – August 23, 2006 - Advitech Inc. (TSX-V: AVI) today announced its highlights and financial results for the second quarter ended June 30, 2006.
Commercialization of Dermylex™ Since November 2005, Advitech has signed four agreements in principle for the commercialization of DermylexTM, two of which are now definitive, those with Jamieson Laboratories for Canada and Cothera S.A.S. for France. During the first two quarters of 2006, the Company effected the first sales of DermylexTM , to conduct market tests, and received the first significant purchase orders during the third quarter of 2006. Early in July, the Company shipped the first order to Jamieson Laboratories and, since then, has received prospective new purchase orders.
For Canada, the marketing plan orchestrated jointly by Jamieson Laboratories and Advitech, is forecasting the completion of the introduction phase in the province of Quebec for September 2006, and October 2006 is the target for the remaining Canadian provinces. DermylexTM will then be available across Canada by the beginning of the last quarter of 2006.
On other markets, the situation is evolving in the same positive way. Cothera, our French partner, is about to finalize its launching plan for the last quarter of 2006. We are also about to finalize a launching plan for the U.S. and Taiwan markets.
We are having ongoing discussions with new partners to extend DermylexTM distribution to additional geographical markets as of the beginning of 2007.
‘’We are therefore confident that we shall surpass the objectives that we had set for 2006, and the planning for 2007 will be based mainly on growth and a break-even situation for the Company operations,’’ Renaud Beauchesne, President and Chief Executive Officer of Advitech, explained.
Financing As for the financing of its activities, the Company finalized at the end of June an interim financing round planned during the first quarter of 2006, and is in the process of preparing an additional round for the last quarter of 2006, as presented in May at Advitech’s Annual Shareholders’ Meeting. That round will cover its needs until the end of 2007.
Research and Development As planned, the Company has released the first results on Atopic Dermatitis (Eczema), a third application generated from its technological platform, to complement the ones already published on psoriasis and Crohn’s disease. These results are confirming the capacity of the XP-828L
RECENT HIGHLIGHTS technological platform to deliver innovative products with a very good commercial potential. It also released additional results in July confirming the efficacy of DermylexTM on psoriasis and, in June, the peer-reviewed U.S. magazine Journal of Cutaneous Medicine and Surgery published an article on the open study on psoriasis, and will publish a second article on the double-blind, placebo-controlled study.
The financial results are also in line with Company expectations. Advitech has succeeded in increasing its cash position, and in cutting back its loss. "We will continue to manage the Company under very strict controls, to keep an operating margin, and to increase our marketing expenses for the commercialization of DermylexTM in the next few months," President and Chief Executive Officer Beauchesne added.
For the second quarter ended June 30, 2006, net loss stood at $358,894, or $0.01 per share, compared to a net loss of $536,168, or $0.01 per share, for the same period in 2005, a decrease of $177,274. Revenues, for the second quarter of 2006, are $9,039 compared to $226,321 in 2005. The 2005 sales were generated mostly by the distribution of a product (Lactium) since terminated by the Company. The second quarter revenues for 2006 are sales of DermylexTM for market test purposes. Gross R&D expenses reached $131,587 during the second quarter of 2006, down from $309,617 for the same period last year. This decrease is due primarily to the higher R&D expenses incurred during the same period last year for the double-blind, placebocontrolled study of DermylexTM. Research and development changes clearly explain the lower net operating loss.
As at June 30, 2006, cash and cash equivalents totalled $859,937, compared to $730,229 as at March 31, 2005, or an increase of $129,708 during this quarter, which is in line with the Company’s expectations.
FINANCIAL RESULTS The second quarter financial statements and the fiscal year financial statements as well as the management’s discussion and analysis of results of operations and financial condition are available on the Company’s website at the following address: www.advitech.com
About Advitech Advitech is a biotechnology Company specializing in the development of bioactive ingredients from dairy proteins. Its key focus areas are in the fields of immunology and inflammation. Its main platform, XP-828L, is a growth factor complex aimed at treating psoriasis, inflammatory bowel diseases and other chronic immune-mediated inflammatory diseases (IMID). Advitech’s common shares are listed on the TSX Venture Exchange under the symbol AVI. The number of outstanding common shares is 54,799,818.
About Dermylex™ Dermylex™ is Advitech’s orally administered product for treating mild to moderate plaque psoriasis. Dermylex™ is based on Advitech’s XP-828L, a bioactive ingredient with proven clinical efficacy. On July 5, 2005, the Company reported positive results from its Phase II clinical trial of XP-828L on psoriasis. The 112-day, multi-center, double-blind, placebo-controlled study, involving 84 patients, confirmed the efficacy and excellent safety profile of XP-828L for this type of treatment.
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This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. |