Lifeway Foods, the US functional foods maker, has announced a boost
in net income of 36 per cent for the first quarter ended 31 March
2002 to $447,558 or $.10 per share versus a net income of $328,713
or $.08 in 2001.
Baywood International, a US nutraceutical company specialising in
the development of its own brands, announced a 67 per cent increase
in revenue for the first quarter ended 31 March, up to $744,771
from $446,901 in the same period...
Food group Nestle has reiterated its interest in parts of the
functional food unit put up for sale by Novartis after a top
executive said he would like to have the Ovaltine brand in Nestle's