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Forbes remains bullish despite Reducol failure
Forbes Medi-Tech remains bullish about its prospects for the future despite the failure of the Novartis-Quaker Oats joint venture which was meant to promote a...
Scottish organic farmers get financial aid
The Scottish Organic Producers Association (SOPA) yesterday announced that the country's organic farmers would benefit from a grant of £100,000 over two years from Scottish...
Martek extends DHA presence with OmegaTech buy
Martek Biosciences Corporation is to buy docosahexaenoic acid (DHA) producer OmegaTech, giving it a further foothold in the growing market for fortified foods. Martek said...
Return to the black for Omega Protein
Omega Protein Corporation, the leading producer of Omega-3 fish oil and specialty fish meal products in the US, has reported net profits of $3.9 million...
Cadbury buys Nantucket Nectars
Cadbury Schweppes, the British confectionery and drinks producer which owns Dr Pepper and Snapple, has added another US drink brand to its portfolio via the...
Robust growth in Scandinavian organic fruit sector
Some sectors of the Scandinavian organic food industry are approaching maturity, but the organic fresh fruit market continues to show robust growth, according to a...
Health Sciences to buy QBI
Health Sciences Group, the Los Angeles-based group which specialises in investing in companies involved in the health sector, has signed a letter of intent to...
Sales surge at Chinese organic group
Organic food producer Chaoda Modern Agriculture said on Thursday its first-half net profit surged 56 per cent, thanks to healthy growth in sales. The China-based...
Restructuring pays off for Galaxy Nutritional Foods
Cost-cutting and other restructuring measures at Galaxy Nutritional Foods, the producer of nutritious plant-based dairy alternatives, are beginning to have a positive effect on the...
Novartis gets off to a good start
Daniel Vasella, CEO of leading pharmaceutical group Novartis, told shareholders that the company had experienced a good start to 2002 and that it expected profits...
Botanical compound has wound-healing applications
Nutra Pharma of the US says it expects to see the first four wound healing applications of its proprietary herbal extract compound WD-667 hit the...
CAM market growing ever larger
The US market for complementary & alternative medicine (CAM) totalled $30 billion (€34bn) in 2001, according to a recent report from Nutrition Business Journal. Significantly,...
Os-Cal supplement tops pharmacists' list
For the third year running, GlaxoSmithKline 's Os-Cal calcium supplement has topped the list of products recommended by US pharmacists. The company said that Os-Cal was...
Advicor highly effective at managing cholesterol
Advicor, the cholesterol control product from Kos Pharmaceuticals, has been found to be highly effective in controlling the full range of lipids when compared to...
Forbes says no to Reducol
US health science company Forbes Medi-Tech announced this week that it has exercised its right not to buy back the licensing and distribution rights to...
Benefiber: the answer to fibre shortfall?
Most Americans consume only half of the 25-35g recommended daily allowance (RDA) of dietary fibre, according to recent statistics from the American Diabetic Association. Benefiber,...
Reliv International returns to the black
Reliv International, an international manufacturer and network marketer of nutritional supplements and other food technology products, has reported net profits of $308,000 (€350,469) on sales...
Relora helps cut obesity, study says
Relora, a natural ingredient produced by Next Pharmaceuticals, has been shown clinically to significantly alter the hormone levels associated with stress-induced obesity, the company claims....
Pacific Health reports results
PacificHealth Laboratories reported a net income of $285,627 (€323,836) , or $0.05 per share, for the year ended December 31, 2001 and revenues of $6,145,525,...
Britain's organic farmers fear milk price cut
British organic dairy farmers believe they are being driven out of business by supermarket cutting the price of milk, reports BBC Online. A new code...
Lonza sees sales rise with strong life sciences performance
Swiss fine chemical company, Lonza, this week reported an increase in 2001 group sales to CHF1,868 (€1,276m), up 9.7 per cent from the previous year....
US company claims new opioid painkillers show lack of dependance
Pain Therapeutics, a US-based medical research company, is to develop two new opioid painkillers, OxyTrex and MorViva, both of which it claims do not lead...
Spectrum Organic Products reports 4Q and full year results
Spectrum Organic Products, a US organic ingredients manufacturer, has reported a net operating cash flow of $705,000 (€798,000) for the fourth quarter of 2001, compared...
Good performance from BASF
German chemicals group BASF said it performed well last year and is confident of further growth in 2002 despite difficult trading conditions. All of the...
Record sales for Hansen Natural
Hansen Natural Corporation , the US energy and natural drink manufacturer, has reported record sales of $21.6 million for the final quarter of 2001, up 17.6...
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