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Aug 1, 2003|
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The #1 Nutritional Products
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NPIWatch Up Front With Natural Products Expo East looming just over 4 weeks away, companies are planning their programs and activities sooner than ever before. And after Expo, the events just keep on coming. We're starting to see the notices of product introductions, book-signings and other special activities and you'll see many of these posted on NPIcenter. For companies wanting to make an impact at the fall events, consider an NPIcenter program to feature your company and products. Thousands of industry viewers each day come to NPIcenter to find out what's new or happening in the industry and we have the ability to place you and your products in front of a highly targeted audience. Contact us (contactus@npicenter.com) for more information on our special summer and fall programs. Please let us know how we’re doing and what we can do better in our Comments & Feedback Forum. NPIWatch Editorial An Unusual Summer, A Barrage of Information Industry gears up for a busy September while fighting information overload. How does your company rate when it comes to intelligence and managing information? Read this week's editorial, click here >> Len Monheit, NPIcenter
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Unusual Summer, A Barrage of Information
Industry Briefs
Business/Financial Briefs Hormel Foods Acquires Century Foods International, Manufacturer of Nutritional Ingredients Cash transaction for $115 million gives specialty foods company position in nutritional ingredients such as protein powders and beverages. Nutritional Laboratories Adds to Analytical Expertise with Dr. Qingyong Lang With past experience with FDA, NSF and NASA, new Quality Control Chemist to perform stability studies, dissolution, and quality control for raw materials, in-process and finished goods. Carrington Laboratories Q2 Revenue Increases 83%; New Record Set for Quarterly Revenue Substantial increases in raw material and specialty manufacturing revenues drive 83% revenue growth in quarter. Omega Protein Reports 10 Cents Per Share Second Quarter Profit Producer of Omega-3 fish oil and specialty fish meal products, reported net income of $2.4 million for quarter compared to $2.9 million previous year. Inverness Medical Innovations Announces Second Quarter Results Company reports net income of $5.6 million, compared to net loss of $2.7 million in second quarter of 2002. Inverness Medical Innovations Announces Appointment of Chief Financial Officer Christopher J. Lindop to become Chief Financial Officer; expected to join Company before end of third quarter. Nutraceutical Reports Sales and Income Sales for fiscal 2003 third quarter were $29.7 million compared to $29.5 million; income was $3.2 million compared to $4.2 million previous year. Traditional Medicinals, Inc. Announces Investment for Growth Success of limited private offering positions company for growth in herbal tea market. PacificHealth Laboratories, Inc. Announces Second Quarter 2003 Revenues Second quarter revenues decline by about 15 percent. CoolBrands Announces Acquisition of Majority Interest in Americana Foods Wholly owned subsidiary acquires general partner interest and majority of the total partnership interests in Americana Foods LP. Reliv Receives Direct Selling License in Malaysia Company receives license to conduct direct selling in Malaysia; plans to initiate sales in Malaysia on October 1, 2003. Amy Cone Promoted to Director of Marketing at Kemin Foods Cone to oversee marketing, planning, execution and sales support for Kemin Foods' branded antioxidant ingredient, FloraGLO® Lutein. Health & Nutrition Systems International Inc. Announces The Amendment Of Its Financial Agreement With Garden State Nutritional New agreement stipulates HNS to pay sum of $1,300,000 with interest rate of 4.50% for term of 21 months; manufacturing agreement means supply exclusivity. Balchem Corporation Releases Second Quarter Results Net sales and net earnings for the second quarter drop below the previous year results by 5.2% and 23.3%.
Regulatory/Research Briefs Vitamin C May Protect Against Ulcer-causing Bacteria, Study Finds Researchers at San Francisco VA Medical Center find correlation between low blood levels of vitamin C and infection with Helicobacter pylori. Consumerlab.com Finds Many Cholesterol-Lowering Supplements Poorly Made ConsumerLab.com reported today that more than half of the cholesterol-lowering supplements that it recently purchased failed to contain their listed ingredients and/or could not adequately break apart to release their contents Canadian-Based Company and its President Agree to Settle FTC Charges Company operating under name “Bio Lab,” and president, Jean-Francois Brochu, have agreed to settle Federal Trade Commission charges. Study Finds That DHA and Fish Consumption Reduces the Risk of Alzheimer Disease Data in July 2003 Archives of Neurology indicates that weekly fish and docosahexaenoic acid (DHA) consumption reduces risk of Alzheimer disease by 60%. Antioxidant Vitamin E, Chocolate Are Recommended By Men's Health Magazine to Prevent Heart Ailments Special issue of Men's Health magazine recommends including antioxidant Vitamin E, cites University of Pennsylvania research. Cognis Promotes Benefits of Plant Sterol Esters Following JAMA Study Finding Equal Benefit for Special Diet Compared to Drugs in Lowering Cholesterol Company educating those who find it difficult to follow low-fat diet or who prefer not to take cholesterol-lowering medications such as statins.
Nutraceutical/Product Briefs House of Raeford introduces trans fat-free fried chicken and turkey product lines to grocery stores House of Raeford introduces new line of trans fat-free breaded chicken and turkey products. Powerhouse Nutrition Launches New Nutritional Line Powerhouse Nutrition announces launch of new nutritional line with full endorsement by Powerhouse Gyms International. New Natural Beauty Travel Kits Inspired By Large Prairie Family New travel kit features real, natural products. Planet Friendly Plastics Launches Recycled Biodegradable Grocery & Waste Bags New product line includes extra strong: Smarter Garbage Bags, Smarter Tall Kitchen Bags, Smarter Grocery Bags. Hi-Tech Pharmacal Introduces New Branded Products for People with Diabetes Health Care Products Division launches DiabetiTrim(R) nutritionally-balanced weight management shake. Demand Increasing for Milk Protein Isolate Manufactured at American Casein Company 25% increase in product demand reported. Trans Fat-Free Oil Introduced to West Coast Product to be introduced at Western Foodservice & Hospitality Expo in Los Angeles. Sugar Cane-Derived Supplement Is a 'Natural' When It Comes to Fighting Cholesterol Policosanol, derived from waxy coating of sugar cane leaves and stems, has become increasingly popular. Balance Bar(R) Expands Its Flavor Horizons; Introducing Three New Flavors to the Balance Family! Cookie Dough added to Balance(R) Bar line , Strawberry Cheesecake to Balance Gold(R) family and Cookies n' Creme added to Balance Gold(R) Crunch. Cognis Creates Broadcast Video News Release for TONALIN® Conjugated Linoleic Acid Based on Study Finding Benefits for Type 2 Diabetics VNR based on paper in Journal of Nutrition showing that Conjugated Linoleic Acid (CLA) may help diabetics manage blood sugar control and help prevent life-threatening complications. Timely News from ORAFTI IFT Nutrition Central: - On-Trend Fiber Ingredients for Weight Loss / Calcium Boost / Low Carb / Great Taste – Company provides information about weight loss benefits of its calcium boosting, chicory fiber ingredients.
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