Canadian sterol manufacturer Forbes Medi-Tech has significantly cut
its losses after sales of the cholesterol-lowering ingredient shot
up more than 80 per cent during 2003.
The European Commission this week granted approval for several new
foods with added phytosterols, set to significantly expand the
number of cholesterol-lowering foods available in Europe.
A new plant sterol-based ingredient that has added minerals to
benefit bone health and reduce blood pressure has gained regulatory
approval for use on the European market.
Canada's Forbes Medi-Tech is hoping that a new distribution deal
coupled with new findings on the benefits of lowering cholesterol
will boost sales of its key product Reducol.
A 50 per cent rise in monthly sales of phytosterols helped Canadian
firm Forbes-Medi-Tech register a strong end to its financial year.
But the coming year looks set to be difficult, with delays in the
approval procedure meaning that...
Health Canada advised consumers that the recently released
functional food margarine product, Becel™ Pro-activ™, is not in
compliance with the Canadian Food and Drugs Act and Regulations
The US Food and Drug Administration (FDA) is to reopen for 45 days
the comment period for the interim final rule authorising a health
claim on the association between plant sterol/stanol esters and
reduced risk of coronary heart disease...