Archives for July 22, 2003

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NBTY sales up in all divisions

Nutritional supplement maker NBTY saw overall sales increase 22 per cent to $308 million in this year's third quarter, helped by new product introductions at Nature's Bounty and stronger sales in all other units.

Lonza first half profits plummet

Swiss fine chemicals producer Lonza is facing increasing pressure from emerging markets with sales of its organic and performance chemicals dropping 11 per cent in this year's first half.

DSM gets cut-price vitamins business

DSM will wipe €200 million off the purchase price for Roche's vitamins unit, owing to the unit's recent poor performance and costs associated with the long approval process of competition authorities, said the company today.

Low-carb foods make sense at Carbsense

Maker of reduced-carbohydrate products Carbsense Foods has launched two new brands, Aramana and MiniCarb, one aimed at healthy eaters, the other at strict Atkin's dieters.

EU rules on GMOs to ignite trade war

US food manufacturers this week spoke out against new European rules on the labelling and traceability of GMOs, describing the legislation as "a brick wall blocking international trade".

Industry gears up for ephedra hearing

The House Committee on Energy and Commerce opens a two-day hearing on ephedra today, likely to attract considerable scrutiny of supplement industry regulation. Prior to the start, the media had already reported on leaked testimonies suggesting that an...

Folate fortification may mask B12 deficiency

Mandatory addition of folic acid to cereals and grains in the US may be dangerously concealing vitamin B12 deficiency in the elderly, said a scientist this week. B12 is needed to protect against deterioration of brain cells.