July 2021 and like a football team losing a major competition on penalties, the time is ripe to recruit new blood, look ahead to new challenges and not rely so much on the young and inexperienced.
Healthcare giant Johnson & Johnson has left the race to buy Pfizer’s consumer health unit – leaving GlaxoSmithKline, Nestlé and Reckitt Benckiser as favourites for the €16 billion deal.
The economic crisis has hit the EU hard, and coupled with a severe health and nutrition claim clamp down, the past years have been challenging for the European nutra industry.
In just a few years the global health and wellness (H&W) products sector will be worth $1 trillion dollars – that’s a lot of billion dollar blockbuster drugs.
UK-based consumer goods firm Reckitt Benckiser told NutraIngredients today, “nutrition had been on its radar for awhile”, as it plunged $1.4bn (€1.09bn) to outbid German pharma firm Bayer for the US’s second biggest dietary supplements firm, Schiff Nutrition...
Sambucol elderberry extract, developed and researched for its
flu-fighting properties by Israel's Razei Bar, is set to increase
its presence in existing markets and enter new ones after being
acquired by newly formed Healthcare...