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M&A ACTIVITY Kerry Group to buy probiotics technology firm Ganeden Nutraingredients.com Ireland-based nutrition and food giant Kerry Group has sealed a deal to buy U.S.-based probiotic technology firm Ganeden, the company said, noting that the acquisition will complement its purchase of Wellmune in 2015. Ganeden's technologies will expand into wider applications across Kerry’s global developed and developing markets. Ganeden is a globally recognized leader in probiotics, with estimated revenues of $25 million. Financial details of the deal were not disclosed. Read more→ UNPA NEWS
UNPA now offering expanded menu of onsite training UNPA has expanded its menu of onsite training to include GMP auditing, mock facilities inspections, as well as PDQI and FSVP training. Learn why this can be a time-saving, cost-effective option for your company. Recently posted at unpa.com: NEW! Larisa Pavlick's PPT presentation at the 2017 Rocky Mountain Dietary Supplement Forum, Oct. 10,in Boulder, Colo.: "FDA Top 10 Citations & Potential Solutions" (Member log in required) NEW! Loren Israelsen's PPT for his presentation at the FDA ODI meeting, Oct. 3, in College Park, Md.(Log in) The PPT for the UNPA Members' Meeting at the 2017 SupplySide West (log in) Larisa Pavlick's 2017 SupplySide West Center Stage presentation on FSMA, including PCQI (log in) Nutraingredients-usa.com interview with Larisa Pavlick on FSMA issues, including FSVP Updated PCQI FAQ Issues Update conference call (log in) UNPA announces onsite PCQI training Plus, updated industry events calendar,Member Memos (log in) and UNPA educational archives (log in). BOTANICAL ADULTERATION ABC unveils program to rid supply chain of adulterated botanicals Nutraingredients-usa.com The American Botanical Council on Tuesday announced a plan to create an industry-accepted practice to ensure that adulterated raw materials don’t find their way back into the market and onto the shelf in the form of finished goods. Speaking at the Rocky Mountain Dietary Supplement Forum this week, ABC Executive Director Mark Blumenthal outlined proposed SOPs to be incorporated into raw materials purchasing agreements. Read more→ OPINION As Whole Foods Market opts for efficiency, supplements may have opportunity with independents Whole Foods Magazine A further look at how the Whole Foods-Amazon deal will impact industry from retail consultant Jay Jacobowitz. In addition to lowering its prices, which is hitting big retailers such as WalMart, Kroger, Costco and Trader Joe's, Jacobowitz also discusses how new centralized purchasing and distribution policies at WFMI will impact vendors of vitamins, supplements and personal care items. He says there are new opportunities for these venders to grow with independents. Read more→ M&A ACTIVITY Pfizer reviews potential sale of health and wellness business; TSG and retail pioneer partner to buy LuckyVitamin Nutraingredients-usa.com, New Hope Network Pfizer announced that it is “reviewing strategic alternatives” for its consumer healthcare business, the parent company of many iconic OTC brands, from dietary supplements to personal care, including Centrum, Caltrate and Emergen-C, which it acquired in 2012. Financial analysts expect the unit to sell for about four times its sales, which is around $14 billion. Online retail pioneer Sam Wolfe has partnered with private equity firm TSG Consumer Partners to boost LuckyVitamin, the company he founded 12 years ago and later sold. Wolfe and TSG will purchase the company from GNC Holdings, noting opportunity to increase customer satisfaction with quicker delivery, better offers and wider product selection. Read coverage: Pfizer considers sale of consumer healthcare business→ LuckyVitamin purchased from GNC→ LEGAL Hi-Tech Pharma founder says indictment is effort to prohibit DMAA sales Natural Products INSIDER Hi-Tech Pharmaceuticals founder Jared Wheat has been charged with money laundering and wire fraud by federal authorities in an indictment unsealed last week. According to court documents, Wheat was charged with 18 criminal counts, which also included allegations that the company introduced misbranded drugs into interstate commerce. In a phone interview, Wheat called the charges "bogus" and suggested the criminal indictment was a rouse by the government to secure as a condition of his bond Hi-Tech’s agreement to not sell DMAA. Read more→ CBD Lucky’s Market looks to pioneer CBD category in retail as WADA OKs CBD for athletes The Cannabist Lucky’s Market, the grocery chain owned by Kroger, with roots in hemp-friendly Colorado, says it’s “not afraid" to be disruptive in the growing but controversial CBD category. As other national retailers hold off on selling CBD, Lucky’s is now offering a handful of brands at its stores across the nation and is launching a line of private-label, full-spectrum hemp oils, body butters and salves.The timing might be fortunate as the World Anti-Doping agency recently removed CBD from its 2018 prohibited substances list, although it warned that THC, the chemical compound in cannabis, remains banned. Read coverage: Lucky’s Market takes leap with CBD, now selling hemp extracts nationwide→ World anti-doping agency removes ban on CBD; THC still prohibited→ PARTNERSHIPS Nutrasource teams with DNA4-Technologies; Givauden, Draco focus on beauty from within Nutraingredients.com Canada-based Nutrasource Pharmaceutical and Nutraceutical Services has formed a strategic alliance with Baltimore-based DNA4-Technologies to offer cutting-edge species identification technology for botanical and herbal products. Givaudan’s collaboration with Draco Natural Products aims to develop a range of anti-aging and moisturization products that use bioactive botanical ingredients derived from Traditional Chinese medicine. Read coverage: Nutrasource teams up with DNA4-Technologies to offer botanical and herbal ID platform→ Beauty-from-within the focus of Givauden, Draco nutracosmetics pact→ OMEGA-3s GOED publishes guideline to control omega-3 oxidation Nutraceuticals World In response to growing questions about oxidation of omega-3 oils, the Global Organization for EPA and DHA Omega-3s has developed “GOED Best-Practice Guidelines on Oxidation Control,” to help the industry to avoid oxidation issues and produce the highest quality products available. Read more→ BOTANICALS ABC solvents guide provides resource for stakeholders; new organic herbal co-op offers U.S.-grown raw material Nutraingredients-usa.com Solvents are a ubiquitous part of the production of herbal extracts. The American Botanical Council is nearing completion of a new publication to be a one-stop resource for industry stakeholders to see what solvents are used, what their accepted residual levels are and other important information. Meanwhile, a nascent organic herbal cooperative model, Vermont Herb Growers Cooperative, offers the promise of increasing domestic herbal ingredient sources. The founders say they have been pleasantly surprised that demand for these higher-priced materials has consistently outstripped supply. Read coverage: Solvents publication will bolster industry’s quality practices, ABC founder says→ Coop model offers path to increasing supply of high quality, US grown herbal raw material→ ORGANIC Agency departures, lawsuit leave USDA organic transition program in limbo Food Processing The USDA-sanctioned national standard for “transitional organic” is apparently on delay, thanks to some departures at the agency and a threatened lawsuit by an organic group. Read more→ RETAIL Vitamin Shoppe plans to close New Jersey warehouse in 2018 New Jersey.com Vitamin Shoppe gave 139 employees layoff warnings as it prepares to close a warehouse and distribution center in North Bergen by the end of 2018. The company says the facility was not needed enough to renew the lease. Read more→ ADVERSE EVENTS Officer’s death prompts further scrutiny of kratom ABC News The death of a narcotics officer from a small Adirondack town has been attributed to kratom and is intensifying scrutiny on the herbal supplement. The death is striking fear among kratom advocates that it could be cited in an ongoing federal review to get it banned nationwide. Six states already ban kratom, and the federal Drug Enforcement Agency proposed a ban last year, citing 15 previous deaths from 2014 to 2016. That proposal was withdrawn following public, trade and Congressional opposition. UNPA has a trade policy that bans member companies from selling the botanical. Read more→ UNPA MEMBER NEWS Study finds Omniactive’s Lutemax boosts more than eye health Nutritional Oultook With new consumer-focused marketing campaigns geared toward need rather than prevention, OmniActive Health Technologies is getting the word out about Lutemax 2020’s mood, stress and even sleep benefits. Its recent B.L.U.E. study showed that the three macular carotenoids found in Lutemax 2020—lutein, zeaxanthin, and meso-zeaxanthin—may improve visual performance and reduce the negative effects associated with excessive digital screen time. The study also showed an additional benefit, that subjects slept better. Read more→ Sami-Sabinsa Group opens second continuous extraction facility to meet demand for Curcumin C3 Complex Sabinsa Corp. Sami Labs, parent company of Sabinsa, has announced the opening of a new facility in Bangalore, India, exclusively for curcumin extraction, which will increase production of its Curcumin C3 Complex to 25 tons, up from the previous capacity of 6 tons. The facility will address demand for natural curcumin that is backed by robust research in the growing curcumin market. A dearth of supply has led to growing use of artificial ingredients. Read more→ MARKETING The importance of demographics in the natural products market Natural Products INSIDER Demographics are the statistical component of marketing used to identify population segments or target markets by specific characteristics. Whether small or large, businesses need a targeted approach to their target market(s). Industry veteran Mark Becker discusses how demographics can impact the direction a business owner will take in developing a marketing plan and how to apply the information in targeting natural products consumers. Read more→ MARKET RESEARCH Older brands struggle with millennial consumers; Lycored study shows skincare customers put health firstFast Company, Nutraceuticals World Mass market brands that appeal mostly to older generations may be putting their longevity at risk. Millennials—the largest generation in history—could by some estimates control $24 trillion of wealth by 2020. A recent survey by Enso’s World Value Index revealed that while some brands by nature appeal to older generations, others are underperforming among younger generations because their brands don’t have a mission or meaning. Consumers of skin care products are more interested in feeling healthy than looking younger or more attractive, according to a new report from Lycored, which explores the growing popularity of supplements for skin care. The report surveyed 480 consumers in France and the U.K. Read coverage: As Millennials demand more meaning, older brands are not aging well→ Lycored survey finds skincare users prioritize health over beauty→ RESEARCH Probiotics fight breast cancer; black tea aids weight loss; low K tied to enlarged hearts; prenatal vitamins lower autism risk; calcium boosts cardiac healthNutraingredients.com Differences in the bacterial makeup of breast tissue in those with breast cancer point to the existence of a microbiome within the breast as well as the potential of probiotic use in the battle against breast cancer, according to a new study from Cleveland Clinic’s Genomic Medicine Institute. While the benefits of green tea polyphenols have long been touted, new research from the UCLA Center for Human Nutrition suggests that those found in black tea may also aid weight loss by acting as a prebiotic. Low intake of phylloquinone (vitamin K1) may be associated with increased risk of enlargement of the major pumping chamber of the heart, according to new research from Augusta University. A recent BMJ study indicates that taking a multivitamin during pregnancy is associated with a lower risk of autism spectrum disorders in children. However, researchers warn that evidence is not yet sufficient to change health care practices. Patients with lower serum calcium levels have an increased risk of sudden cardiac arrest, according to a recent study in Mayo Clinic Proceedings. Read coverage: Probiotics for breast cancer? Bacterial imbalance link sets up future prospect→ Prebiotics tea: Mouse data suggests black tea polyphenols play role in weight loss by changing gut bacteria→ Vitamin K1 deficiency linked to heart enlargement in adolescents→ More evidence needed:BMJstudy linked multivitamin intake to lower autism risk→ Low blood calcium may be linked to sudden cardiac arrest: Study→ FDA WARNING LETTERS & GUIDANCES Current FDA enforcement actions and guidancesKeep up to date on FDA’s current enforcement actions, including general warning letters, recall information and GMP compliance issues, with this link to FDA's website. Read more→ Search and sign up for a variety of FDA Guidances. Comments are closed.
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