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- Naturade Significantly Strengthens Balance Sheet; Receives $2.5 Million in Capital from Westgate Equity Partners, L.P.
- Natrol Appoints Vincent Andrich VP Sales for Prolab Division
- Vermont Pure Holdings, Ltd. Announces Record Fiscal Year 2001 Results
- Body Shop Reports 24.8 Mil Euro Sales Revenues
- Spectrum Organic Products Responds to FDA Letter Regarding Use of Non-GMO Seal on Canola Oil Label
- Supplement Group Targets Consumer Education
- Advanced Nutraceuticals, Inc. Announces 2001 Year End Results And Additional Financing
- ADM Awarded Nutraceuticals Patent Patent Creates Proprietary Position for ADM in Fast-Growing Nutraceutical Market
- Tantivy Sciences Obtains Exclusive License to Unique Nutraceutical Products
- Top GNC Executives Tour Pittsburgh Market to Present New Business Plan and Expansion Possibilities; Meeting will focus on new business strategies and growth
- Nutrition 21 Receives Patent For the Nutritional Treatment of Type 2 Diabetes; Patent Presents New Pharmaceutical Licensing Opportunities
- 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
- Harvey Kamil Appointed President of NBTY, Inc. - Scott Rudolph to Continue as Chairman and CEO
- drugstore.com Expects to Reach Profitability Target in 2003
- 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
- Natural Health Trends Corp. Launches Lexxus Taiwan
- 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
- Cyanotech Names Bob Capelli as Director of Sales
- S. BLACK and MUNTONS Form New Alliance
- S. BLACK and MUNTONS Form New Alliance
- S. BLACK and MUNTONS Form New Alliance
- S. BLACK and MUNTONS Form New Alliance
- New Kao Chemical Speciality Surfactants from S. Black
- New Kao Chemical Speciality Surfactants from S. Black
- New Kao Chemical Speciality Surfactants from S. Black
- New Kao Chemical Speciality Surfactants from S. Black
- New Kao Chemical Speciality Surfactants from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Innovative SPF Boosting Technology NOW available from S. Black
- Ronastar® Sparks – The Sparkling Collection evolves
- Ronastar® Sparks – The Sparkling Collection evolves
- Ronastar® Sparks – The Sparkling Collection evolves
- Ronastar® Sparks – The Sparkling Collection evolves
- Ronastar® Sparks – The Sparkling Collection evolves
- Zila Expands International Market of Ester-C(R) in Europe; Gee Lawson, Limited, Signs Distributor Agreement
Company has signed an agreement with Gee Lawson, Limited, to distribute its Ester-C advanced vitamin C ingredient throughout Europe.
- Zila Expands International Market of Ester-C(R) in Europe; Gee Lawson, Limited, Signs Distributor Agreement
Company has signed an agreement with Gee Lawson, Limited, to distribute its Ester-C advanced vitamin C ingredient throughout Europe.
- Zila Expands International Market of Ester-C(R) in Europe; Gee Lawson, Limited, Signs Distributor Agreement
Company has signed an agreement with Gee Lawson, Limited, to distribute its Ester-C advanced vitamin C ingredient throughout Europe.
- Zila Expands International Market of Ester-C(R) in Europe; Gee Lawson, Limited, Signs Distributor Agreement
Company has signed an agreement with Gee Lawson, Limited, to distribute its Ester-C advanced vitamin C ingredient throughout Europe.
- Zila Expands International Market of Ester-C(R) in Europe; Gee Lawson, Limited, Signs Distributor Agreement
Company has signed an agreement with Gee Lawson, Limited, to distribute its Ester-C advanced vitamin C ingredient throughout Europe.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- Omega-3 Partnership Between Fjordlaks and Borregaard
Fjordlaks and Borregaard have entered into a long-term strategic agreement for Omega-3 oils, under which Fjordlaks will deliver high quality crude fish oils which will be refined and marketed by Borregaard’s wholly owned subsidiary, Denomega Nutritional Oils.
- TSI Health Sciences Expands European Presence, Opens Its First UK Office
Company announces the opening of its first sales and marketing office in Europe, Adrian Lindridge has been appointed sales director, Europe, and will be based out of the new office in Rochdale, Lancashire, UK.
- TSI Health Sciences Expands European Presence, Opens Its First UK Office
Company announces the opening of its first sales and marketing office in Europe, Adrian Lindridge has been appointed sales director, Europe, and will be based out of the new office in Rochdale, Lancashire, UK.
- TSI Health Sciences Expands European Presence, Opens Its First UK Office
Company announces the opening of its first sales and marketing office in Europe, Adrian Lindridge has been appointed sales director, Europe, and will be based out of the new office in Rochdale, Lancashire, UK.
- TSI Health Sciences Expands European Presence, Opens Its First UK Office
Company announces the opening of its first sales and marketing office in Europe, Adrian Lindridge has been appointed sales director, Europe, and will be based out of the new office in Rochdale, Lancashire, UK.
- TSI Health Sciences Expands European Presence, Opens Its First UK Office
Company announces the opening of its first sales and marketing office in Europe, Adrian Lindridge has been appointed sales director, Europe, and will be based out of the new office in Rochdale, Lancashire, UK.
- Embria's EpiCor Makes International Debut
Company announces the successful launch of its high-metabolite immunogen ingredient EpiCor(tm) within the European Union and Brazil.
- Embria's EpiCor Makes International Debut
Company announces the successful launch of its high-metabolite immunogen ingredient EpiCor(tm) within the European Union and Brazil.
- Embria's EpiCor Makes International Debut
Company announces the successful launch of its high-metabolite immunogen ingredient EpiCor(tm) within the European Union and Brazil.
- Embria's EpiCor Makes International Debut
Company announces the successful launch of its high-metabolite immunogen ingredient EpiCor(tm) within the European Union and Brazil.
- Embria's EpiCor Makes International Debut
Company announces the successful launch of its high-metabolite immunogen ingredient EpiCor(tm) within the European Union and Brazil.
- Cognis Completes Acquisition of Omega-3 Fish Oil Company
Company has completed the acquisition of Napro Pharma AS, a Norwegian manufacturer of high-quality omega-3 fish oils for the nutrition industry.
- Cognis Completes Acquisition of Omega-3 Fish Oil Company
Company has completed the acquisition of Napro Pharma AS, a Norwegian manufacturer of high-quality omega-3 fish oils for the nutrition industry.
- Cognis Completes Acquisition of Omega-3 Fish Oil Company
Company has completed the acquisition of Napro Pharma AS, a Norwegian manufacturer of high-quality omega-3 fish oils for the nutrition industry.
- Cognis Completes Acquisition of Omega-3 Fish Oil Company
Company has completed the acquisition of Napro Pharma AS, a Norwegian manufacturer of high-quality omega-3 fish oils for the nutrition industry.
- Cognis Completes Acquisition of Omega-3 Fish Oil Company
Company has completed the acquisition of Napro Pharma AS, a Norwegian manufacturer of high-quality omega-3 fish oils for the nutrition industry.
- UK's MHRA to Require Label Warning on Black Cohosh
The Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. issued a press release today in which it stated that it “is concerned about links between black cohosh (Actaea racemosa; syn: Cimicifuga racemosa) and the risk of liver disorders. MHRA has therefore determined that warnings will be required on labeling of black cohosh products and it “is working with the herbal sector to ensure the public is fully informed about this potential risk.”
- UK's MHRA to Require Label Warning on Black Cohosh
The Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. issued a press release today in which it stated that it “is concerned about links between black cohosh (Actaea racemosa; syn: Cimicifuga racemosa) and the risk of liver disorders. MHRA has therefore determined that warnings will be required on labeling of black cohosh products and it “is working with the herbal sector to ensure the public is fully informed about this potential risk.”
- UK's MHRA to Require Label Warning on Black Cohosh
The Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. issued a press release today in which it stated that it “is concerned about links between black cohosh (Actaea racemosa; syn: Cimicifuga racemosa) and the risk of liver disorders. MHRA has therefore determined that warnings will be required on labeling of black cohosh products and it “is working with the herbal sector to ensure the public is fully informed about this potential risk.”
- UK's MHRA to Require Label Warning on Black Cohosh
The Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. issued a press release today in which it stated that it “is concerned about links between black cohosh (Actaea racemosa; syn: Cimicifuga racemosa) and the risk of liver disorders. MHRA has therefore determined that warnings will be required on labeling of black cohosh products and it “is working with the herbal sector to ensure the public is fully informed about this potential risk.”
- UK's MHRA to Require Label Warning on Black Cohosh
The Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. issued a press release today in which it stated that it “is concerned about links between black cohosh (Actaea racemosa; syn: Cimicifuga racemosa) and the risk of liver disorders. MHRA has therefore determined that warnings will be required on labeling of black cohosh products and it “is working with the herbal sector to ensure the public is fully informed about this potential risk.”
- UK's MHRA to Require Label Warning on Black Cohosh
The Medicines and Healthcare products Regulatory Agency (MHRA) in the U.K. issued a press release today in which it stated that it “is concerned about links between black cohosh (Actaea racemosa; syn: Cimicifuga racemosa) and the risk of liver disorders. MHRA has therefore determined that warnings will be required on labeling of black cohosh products and it “is working with the herbal sector to ensure the public is fully informed about this potential risk.”
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- Accucaps Industries receives coveted certification from European Union (EU) for soft gel product line
Company has recently received European Union (EU) Certification enabling the company to export its products to any of the EU’s 25 member countries.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- AIBMR Life Sciences Expands to China and Hungary
Company announces the establishment of a China office near Shanghai and a European office based in Budapest, Hungary, as Song Liu, Ph.D. has been hired as vice president for Asian regional affairs, and Bara Istvan has been promoted to the position of vice president for European regional affairs and will head up the Hungary office.
- Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award
The 2009 Frost & Sullivan European Functional Food & Beverage Microencapsulation Technology Innovation Award has been presented to GAT Food Essentials GmbH in recognition of its proprietary wowCAPS(R) technology.
- Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award
The 2009 Frost & Sullivan European Functional Food & Beverage Microencapsulation Technology Innovation Award has been presented to GAT Food Essentials GmbH in recognition of its proprietary wowCAPS(R) technology.
- Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award
The 2009 Frost & Sullivan European Functional Food & Beverage Microencapsulation Technology Innovation Award has been presented to GAT Food Essentials GmbH in recognition of its proprietary wowCAPS(R) technology.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates
Bio-Extraction Inc., has announced that it has completed the self-affirmation process to qualify its specialty canola protein products, Isolexx(TM) and Vitalexx(TM), as self-affirmed GRAS for their intended use in various foods and beverages, thus providing a basis for the sale of these products in the United States when commercial production commences in Q1 2010.
- Synergy Flavors Invests in Sensory Flavor Profiling Research
Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients.
- Synergy Flavors Invests in Sensory Flavor Profiling Research
Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients.
- Synergy Flavors Invests in Sensory Flavor Profiling Research
Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients.
- Synergy Flavors Invests in Sensory Flavor Profiling Research
Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients.
- Synergy Flavors Invests in Sensory Flavor Profiling Research
Synergy Flavors has commissioned a new research program at North Carolina State University to study the sensory profiles of a range of protein ingredients.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
Synergy Flavors Inc., has announced their chocolate flavors offer a versatile solution for cocoa reduction and can be used as cocoa extenders.
- NPI Daily - Top of The News for Nov. 20, 2009 - FDA Issues 22 Warning Letters to Website Operators
Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award; Synergy Flavors Invests in Sensory Flavor Profiling Research; FDA Issues 22 Warning Letters to Website Operators; Nordic Naturals Ultimate Omega™ First Fish Oil to Participate in NFL/NFLPA Sports Nutrition Label Certification Program; BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates; New Organic Berry Whole Food Energy Bar from Amazing Grass Delivers Whole Food Nutrition; Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
- NPI Daily - Top of The News for Nov. 20, 2009 - FDA Issues 22 Warning Letters to Website Operators
Frost & Sullivan Honours GAT Food Essentials GmbH With European Functional Food & Beverage Microencapsulation Technology Innovation Award; Synergy Flavors Invests in Sensory Flavor Profiling Research; FDA Issues 22 Warning Letters to Website Operators; Nordic Naturals Ultimate Omega™ First Fish Oil to Participate in NFL/NFLPA Sports Nutrition Label Certification Program; BioExx Achieves Self-Affirmed GRAS Status for Protein Isolates; New Organic Berry Whole Food Energy Bar from Amazing Grass Delivers Whole Food Nutrition; Beat Crazy Cocoa Prices with Synergy's Chocolate Flavors
- Heart Health Alert: Niacin May Reverse Hardening of the Arteries
- Heart Health Alert: Niacin May Reverse Hardening of the Arteries
- Heart Health Alert: Niacin May Reverse Hardening of the Arteries
- Heart Health Alert: Niacin May Reverse Hardening of the Arteries
- Spotlight on Savory Side Dishes
- Spotlight on Savory Side Dishes
- Spotlight on Savory Side Dishes
- Another Reason to Choose Healthy Lifestyle Habits
- Another Reason to Choose Healthy Lifestyle Habits
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QUEBEC CITY – June 12, 2006 – As a follow-up to the March 2nd announcement, Advitech inc. (TSXV:AVI) today announced that the definitive agreement was signed with Cothera SAS for the French market. An official announcement will be made this week in La Rochelle, France during a European convention on natural products. ‘’This second agreement is important to Advitech as it will generate sales in a major European market as early as the last quarter of 2006’’, said Renaud Beauchesne, President and CEO of Advitech inc.
Dominique Bourgeade, Chief Operating Officer of Cothera SAS, emphasized the innovative nature of DermylexTM. ‘’The French market is more and more interested in products such as DermylexTM. Cotherapies in conjunction with pharmaceutical products are steadily increasing in number and this will be our marketing strategy for DermylexTM here in France’’.
This agreement provides for a minimum sales requirement for 2006, is exclusive until March 31, 2007, and is renewable for an additional two-year period, contingent on reaching minimum sales objectives.
Interim Financing Advitech today disclosed, in keeping with the financing strategy announced at its annual general meeting, a two-part interim financing round: a $200,000 participative non-guaranteed loan from the Centre Québécois de Valorisation des Biotechnologies (CQVB) and convertible debentures totalling $150,000 from private investors.
The CQVB loan, with an interest rate of 12% over a five-year term includes a royalty clause on sales and a twelve month moratorium on capital and interest payments. The loan will be paid out in three instalments before September 30th 2006 providing Advitech inc. meets stipulated requirements. Debentures may be converted into Company common shares at $0.15 per common share until May 31, 2007 and at $0.20 per common share from June 1, 2007 to May 31, 2008. The debenture capital is refundable on June 1, 2011 and the interest at 12% is to be paid monthly as of January 1st 2007.In accordance with TSX Venture Exchange policies, the conversion will be increased by 10% each subsequent year. The underlying shares of the debentures are subject to resale restrictions for 4 months following issuance of the debenture.
The placement of convertible debentures is part of a general placement of not to exceed 600,000$ for which the Company has obtained conditional approval from the TSX Ventures Exchange and which the Company will carry out in the near future.
The Company’s financial plan anticipates increased financing during the second semester of 2006.
About Dermylex™ Dermylex™ is Advitech’s orally administered product for mild to moderate plaque psoriasis. Dermylex™ is made from 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 for treating mild to moderate 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 treating mild to moderate psoriasis.
About Advitech Advitech is a life science and technology company specializing in the development of clinically tested bioactive ingredients for chronic immune-mediated inflammatory diseases (IMID), such as psoriasis and inflammatory bowel diseases. Advitech’s common shares are listed on the TSX Venture Exchange under the symbol AVI. The number of common shares outstanding is 54,799,818.
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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. |