Forbes Medi Tech has been offered C$1.6million (€1.14m) by 3824527
Canada for the sale of its pilot manufacturing plant in Amqui,
Quebec. The plant was used for phytosterol extraction and
manufacturing technology.
The British company has signed an agreement with Pilot, a US-based
specialty pharmaceutical company, to source and process the
specialty oil ingredients used in its botanical drugs and OTC
products.
A new report estimates that there will be significant, sustained
growth in America's natural and organic foods categories for
several years to come owing to the "mainstreaming" of the sector
currently worth $15 billion...
New Zealand's biggest company, the dairy foods processor Fonterra,
is backing a medical consortium to develop milk-based "bioactives",
in the aim of gaining a share in the global functional foods
market, reported the...
A team of cancer researchers at John Hopkins University have
identified a new gene, which could help explain the dietary links
to prostate cancer. The gene could have a vital role in the
breakdown of fatty acids found in dairy products...
Researchers at Beth Israel Deaconess Medical Center have identified
a protein that enables the body to overcome resistance to the
hormone leptin - the findings could help scientists move one step
closer to creating a drug therapy...
Leading Brands, the Canadian food and beverage brand management
company, is launching a range of Optimized Performance drinks,
designed to enhance hydration and performance in athletes.
There is controversy in Britain's medical world over the
government's new backing of Heinz canned products, which will be
labelled as counting towards the recommended daily intake of fruit
and vegetables. The British Dietetic...
Novartis, the Swiss pharmaceuticals group, has reported a 20 per
cent rise in first-quarter profits, exceeding analysts' forecasts,
however this was largely a result of strong growth in
pharmaceuticals and US business, while...
Lipitor, the cholesterol-cutter which is said to be the
biggest-selling pharmaceutical product in the world, helped boost
first quarter sales at Pfizer.
The US Food and Drug Administration (FDA) has warned of the risk
from Enterobacter sakazakii infections in hospitalised
newborn infants fed powdered infant formulas.
Italian pharmaceutical group Sigma-Tau has created a new US
subsidiary, Sigma-Tau US, which will group together its three
separate North American businesses for the first time.
The first meeting of the UK's Organic Food and Farming Action Plan
stakeholders' forum took place earlier this week as part of the
British government's commitment to creating a competitive and
sustainable organic food...
Dallas-based Natural Health Trends Corporation ended 2001 with
record sales of $24.8 million (€27.8m), a substantial increase
compared to the $8.3 million registered in 2000.
