Business News

CoffeeFruit Pure and Ingredients By Nature sign supplier agreement

18 Oct 2017 --- CoffeeFruit Pure, maker of “pure and sustainable” antioxidant ingredients, has announced its partnership with Ingredients By Nature, which it describes as “a leading manufacturer of innovative, science-based ingredients and ingredient solutions.” The partnership makes CoffeeFruit Pure the exclusive supply source of premium coffee fruit for Ingredients By Nature.

Naturex and Milne partner on Concord grape extract research and commercialization

16 Oct 2017 --- Naturex’s Open Innovation Program Ingenium has led to the signing of a collaboration agreement with Milne Fruit Products, Inc. to jointly fund human clinical research utilizing Milne’s Concord grape aqueous extract. Concord grape (Vitis labrusca) is a North American fruit, whose unique grapes are rich in health-promoting polyphenols. The natural specialty ingredients supplier launched the open innovation program in March 2016 with the aim of advancing technological breakthroughs and accelerating the introduction of new products through external collaborations. 

Cooke to acquire Omega Protein Corp amid diversification strategy

10 Oct 2017 --- Cooke Inc., a New Brunswick company and parent of Cooke Aquaculture Inc., and Omega Protein Corporation, a nutritional product company and a leading integrated provider of specialty oils and specialty protein products, have entered into a definitive agreement under which Cooke will acquire all outstanding shares of Omega Protein for US$22 per share in cash.

Kellogg to acquire up-and-coming US clean-label protein bar brand

09 Oct 2017 --- Kellogg Company has entered into an agreement to acquire Chicago Bar Company LLC, maker of RXBAR, a line of clean-label protein bars made with whole food ingredients. Kellogg refers to the company as “the fastest-growing nutrition bar brand in the US.”

Evolva seeks to raise CHF80m for R&D boost, may seek debt financing

06 Oct 2017 --- Swiss health, wellness and nutrition ingredients company Evolva has announced plans to raise approximately CHF80 million (US$81.7 million) gross proceeds in two separate equity transactions. Swiss asset manager Pictet Asset Management SA and British investment firm Cologny Advisors LLP have committed, subject to certain conditions, to subscribe for shares in a private placement. Evolva now plans to carry out a discounted rights offering in early November 2017.

Givaudan’s Active Beauty partners with Draco Natural Products on botanical ingredients line

06 Oct 2017 --- Switzerland-headquartered flavors and fragrances creator Givaudan has formed a strategic partnership with Draco Natural Products, Inc. for the development of a new proprietary line of bioactive botanical ingredients for use in its Active Beauty business.

Neptune chief eyes strong potential for new cannabis business as executive appointments installed

05 Oct 2017 --- Wellness products company Neptune Wellness Solutions has appointed Michel Timperio as President of its new Cannabis Business and Melody Harwood as Head of Scientific and Regulatory Affairs. Timperio will report to Jim Hamilton, President and CEO of Neptune. 

Scannexus and AMRA partnership: Ultra-High-MR imaging to shed light on metabolic diseases

05 Oct 2017 --- AMRA, an international leader in body composition analysis, is to partner with Scannexus, a world-leading Ultra High-Field MRI scanner facility located at the Brightlands Maastricht Health Campus. The partnership was confirmed with official signatures of the collaboration agreement and a full-day AMRA introduction seminar to the Brightlands Maastricht Health Community.

Yield and raw material sourcing among Novozymes’ key areas for innovation

04 Oct 2017 --- Enzymes market leader Novozymes has identified four areas for innovation it hopes will bring about lasting change in the future: yield, raw material flexibility, health and naturalness and the sensory attributes of its food and beverage produce.

Scientists map the neurons driving salt cravings

02 Oct 2017 --- Researchers have shed new light on how hormones work on the brain to trigger salt-seeking and salt-consuming behavior. In research published in the journal Neuron, a team of scientists in the Division of Endocrinology, Diabetes and Metabolism at Beth Israel Deaconess Medical Center (BIDMC) identified the sub-population of neurons that respond to the body's sodium deficiency and mapped the brain circuitry underlying the drive to consume salt.

LNC Therapeutics raises €6.5m to reinforce its R&D in the microbiota field

29 Sep 2017 --- LNC Therapeutics, a company specialized in the research and development of gut microbiota directed drugs for the treatment of obesity and associated cardiometabolic diseases, has raised a €6.5 million (US$7.67 million) Series C funding round. This new round, co-led by Seventure Partners, brings together a consortium of investors and a family office. Additionally, the company has appointed a new chief scientific officer, Dr. Sandrine Claus, to lead the gut microbiota project.

Kemin and Valensa partner on algae-sourced beta-glucans for immunity

29 Sep 2017 --- Kemin Industries and Valensa International have partnered up to jointly supply and market BetaVia ingredients, immune-supporting beta-glucans sourced from a proprietary strain of algae (Euglena gracilis), in the US dietary supplement and functional food and beverage markets. 

CK Nutraceuticals partners with Kunpoong to distribute chitosan oligosaccharide

28 Sep 2017 --- South Korea’s Kunpoong Bio Co. Ltd., a global operator in the chitosan oligosaccharide market, has appointed Toronto-based CK Nutraceuticals (CK) as its exclusive North America sales, marketing and distribution partner for its Go2Ka1 ingredient (branded as KitoMax in North America).

Nutritional supplements to bring out beauty from within

27 Sep 2017 --- Beauty through nutrition is a topic that has arguably long been underexplored outside of Asia. However, there is no shortage of companies or products looking to bring this trend to the rest of the world in different ways. Today, in the first part of a special report, NutritionInsight looks at the hottest ingredients in the beauty-from-within space.

Ingredion launches new clean label carbohydrate for sustained energy

27 Sep 2017 --- Ingredion Incorporated, a provider of ingredient solutions to diversified industries, has launched Sustra 2434 in the US. The slowly digestible carbohydrate is a clean label starch-based solution for manufacturers of energy-focused nutritional products including bars, shakes, mixes, snacks and supplements.

Sabinsa to launch almond-based protein powder ingredient

27 Sep 2017 --- Sabinsa Corporation has announced the launch of Promond, the company’s first protein powder ingredient, based on almond. The US-headquartered manufacturer, supplier and marketer of herbal extracts, cosmeceuticals, minerals, dietary supplements and specialty fine chemicals is launching the ingredient at SupplySide West in Las Vegas in the US.

Indena partners on the development of DNA authentication kits

26 Sep 2017 --- Indena, Hyris and NHP Research Alliance have signed a strategic cooperation agreement for the joint development of DNA authentication test kits for botanicals and related natural health products. The strategic partnership is intended to bring together the strengths of the two corporations alongside the consortium.

Three cups of coffee found to halve mortality risk in patients with both HIV and HCV

26 Sep 2017 --- Further potential benefits of drinking coffee have emerged with the news that in HIV-HCV co-infected patients, drinking at least three cups of coffee each day halved the risk of all-cause mortality. This is according to a new study published in the Journal of Hepatology.

Milk-alternative drinks shown to be short on iodine

26 Sep 2017 --- Consumers of milk-alternative drinks may be at risk of iodine deficiency, according to the findings of the first study of its kind in the UK, published in the British Journal of Nutrition. This may prove to be another potential marketing platform for the dairy industry following the recent European Court of Justice ruling that purely plant-based products cannot be marketed with names like “milk.”

DSM to acquire Twilmij to strengthen position in Animal Nutrition & Health

22 Sep 2017 --- Royal DSM, a global science-based company active in health, nutrition and materials, has announced the acquisition of Twilmij B.V., a well-established Dutch nutritional solutions company in the animal feed sector. DSM notes that its strategy in Animal Nutrition & Health is to offer tailor-made solutions to its customers leveraging its product portfolio and innovation capabilities.