Business News

Lonza reports strong H1 2017 performance, profitability in health and nutrition

26 Jul 2017 --- In the first half of 2017, Lonza continued on its strong growth path, with sales up 15.1 percent to CHF2.323 million (US$2.43 million) and CORE EBIT up 43.3 percent to CHF447 million in reported currency compared with financial results in Half-Year 2016. The success was driven by both the Pharma&Biotech and Specialty Ingredients segments. Consumer Health & Nutrition outperformed others within Specialty Ingredients, and other businesses improved profitability, too. Therefore, Lonza confirms its full-year 2017 guidance on a standalone basis, which was already upgraded with the Q1 2017 Qualitative Business Update in April 2017.

Lycored showcases lycopene's benefits with interactive educational hub

26 Jul 2017 --- Lycored, an international supplier of ingredient and nutrition supplements, has announced the launch of its Lycopedia, an interactive educational hub about Lycopene and its effect on the body during different stages of life. The company hopes the Lycopedia will act as a timeless resource that showcases the incredible health benefits of lycopene, the red-hued tomato-derived carotenoid used in food and beverages and oral supplementation. 

Athlete complaints of contaminated ingredients could be “valid”

25 Jul 2017 --- It is possible that complaints about contamination of the ingredients used in athletes’ dietary supplements have some merit. This is according to Lukas Vaclavik, a Staff Scientist at Covance Food Solutions, which is a LabCorp business. Vaclavik notes that dietary supplements that were taken by athletes who have been banned from competing could conceivably have contained products that were not listed on product labels.

Soda’s popularity on kids’ menus beginning to fizz out

25 July 2017 --- The percentage of major restaurant chains that offer sugary drinks on their children’s menus has decreased from 93 percent to 74 percent since 2008, according to a new report by the Center for Science in the Public Interest (CSPI). But the consumer lobby group warns that despite the significant decrease, chains owe it to families to improve their children’s beverages even further.

Lesaffre makes US$17.5 million investment in Intralytix

25 Jul 2017 --- Intralytix has received US$17.5 million in new equity funding from Lesaffre, a French family group. This investment marks the beginning of a close collaboration between both companies to develop and commercialize bacteriophage-based products, for various benefits in human health and in other areas of mutual interest. The size of Lesaffre’s stake in Intralytix as a result of this investment was not disclosed.

Women's active nutrition brand FITSHE available in Dutch supermarkets

24 Jul 2017 --- FITSHE, the manufacturer of 100 percent natural protein products for active women, has announced that its protein bars are now available in a selection of Dutch supermarkets. FITSHE was established by Caroline Glasbergen, CEO and founder of the brand, in 2015 and targets women with an active lifestyle.

Sabinsa spotlights merits of black pepper with launch of compendium

20 Jul 2017 --- Sabinsa has published a book on the company’s patented black pepper extract, BioPerine, which is widely used to enhance the bioavailability of other nutrients as well as for its thermo-nutrient properties. The book is a compendium of the knowledge obtained on BioPerine since it was launched two decades ago.

Jiaherb “adopts” rhodiola through American Botanical Council program

14 Jul 2017 --- The American Botanical Council (ABC) has recognized the adoption of rhodiola (Rhodiola rosea) by Jiaherb Inc., a manufacturer and supplier of natural and botanical ingredients based in Pine Brook, New Jersey, through ABC’s Adopt-an-Herb Program. Through its adoption, Jiaherb helps ABC expand its nonprofit educational mission and keep its unique HerbMedPro database updated with the latest scientific and clinical research on this traditionally used medicinal plant. 

Rousselot joins International Pharmaceutical Excipient Council

14 Jul 2017 --- Rousselot, the leading global producer of gelatin for the pharmaceutical, food and nutrition industries, has joined the International Pharmaceutical Excipient Council (IPEC). Rousselot is the first gelatin manufacturer to join IPEC. The membership will allow the company to strengthen its commitment to ensuring the highest quality, safety and functionality of pharmaceutical excipients.

Nestle Health Science enters microbiome research venture

13 Jul 2017 --- Nestlé Health Science and Enterome are establishing Microbiome Diagnostics Partners (MDP), in an attempt to lead the development and commercialization of innovative microbiome-based diagnostics with the potential to transform therapeutic approaches across health conditions such as inflammatory bowel diseases (IBD) and liver diseases. The partnership follows Nestlé Health Science’s initial investment announced in April 2016.

DuPont Nutrition & Health Honors 2017 Science Excellence Medalists

12 Jul 2017 --- The Danisco Foundation today has awarded three Science Excellence Medals for 2017. The medalists are senior scientists broadly recognized by DuPont Nutrition & Health for scientific excellence with a remarkable record of accomplishment relevant to the food and nutrition industry. 

Researchers Uncover Why Prenatal Alcohol Exposure Increases the Likelihood of Addiction

10 Jul 2017 --- Neuroscientists are researching how prenatal alcohol exposure alters the reward system in the brain and how this change continues through adulthood. According to the researchers, the key appears to lie with endocannibinoids, cannabis-like chemicals that are produced by the brain itself.

Sealing the Deal – Lonza Completes Acquisition of Capsugel

06 Jul 2017 --- Following the receipt of all required regulatory approvals, Lonza has completed the acquisition of Capsugel S.A from KKR for US$5.5 billion in cash, including refinancing of existing Capsugel debt of approximately US$2 billion. The acquisition of Capsugel, which supplies advanced oral dosage delivery technologies with a leading position in hard capsules, is expected to be accretive to Lonza’s core earnings per share in the first full year post closing.

Chr. Hansen “Stronger Than Expected” in Q3 with Nutrition Showing Robust Growth

05 Jul 2017 --- Danish food ingredients giant Chr. Hansen has seen strong organic revenue growth of 10 percent in the first nine months of 2016/17 and thanks to the robust performance has announced the payment of an interim dividend. Based on the company’s strong performance, it has narrowed its organic revenue expectations for 2016/17 to between 9 and 10 percent from previously 8 to 10 percent.

Health for Life Capital Partakes in US$13.2m Financing of Japanese Microbiome Firm

05 Jul 2017 --- Seventure’s Health for Life Capital investment vehicle has participated in a US$13.1 million financing of Japanese biotech company Anaeropharma Science, Seventure Partners announced in a press release. Anaeropharma Science, based in Tokyo, Japan, is developing novel genetically enhanced bacteria to fight tumors. 

Personalized Nutrition Provider DayTwo Secures US$12m Series A Financing Round

04 Jul 2017 --- DayTwo, a company specialized in microbiome-health management, has completed a US$12 million Series A round of financing through Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Seventure Partners’ Health for Life Capital fund, Mayo Clinic, co-founder Marius Nacht and other private investors.

UK Rules on Junk Food Ads Coming Into Force, Industry Responds Positively

30 Jun 2017 --- A new set of rules banning the advertising of high fat, salt or sugar (HFSS) food or drink products in traditional and online children’s media and other sites is set to come into force in the UK tomorrow. The new Committee of Advertising Practice (CAP) rules pertain to media channels where children make up over 25 percent of the audience. Representatives of the UK Food and Drink Federation and advocacy groups have responded positively to the changes.

Chocolate Goodness – Cocoa Flavanols Benefit Cognition

30 Jun 2017 --- Chocolate lovers can rejoice, after researchers have shed more light on the health benefits of cocoa flavanols: a class of natural compounds with neuroprotective effects. In their recent review published in Frontiers in Nutrition, Italian researchers examined the available literature for the effects of acute and chronic administration of cocoa flavanols on different cognitive domains. In other words: what happens to your brain up to a few hours after you eat cocoa flavanols, and what happens when you sustain such a cocoa flavanol-enriched diet for a prolonged period?

Lonza Receives Regulatory Approval for the Acquisition of Capsugel

29 Jun 2017 --- Lonza has received all regulatory approvals for the proposed acquisition of Capsugel S.A. by Lonza, the company has announced. With all final regulatory approvals in place, Lonza can now complete the transaction, which is expected to close in the next days subject to the satisfaction of customary closing conditions. 

Key Interview: Algatech Targets Synergistic Effects to Advance Microalgae Industry

27 Jun 2017 --- Interest in microalgae has surged over the past decade, and as a result, a growing number of companies have sought to develop new products and technologies to harness the myriad health benefits these unicellular species provide. And according to Algatechnologies, we have only seen the tip of the iceberg in terms of microalgae’s potential benefits and applications.