Weekly Roundup: Evolva launches resveratrol for pets, BASF sells manufacturing site to One Rock Capital Partners

04 Jun 2021 --- In nutrition news this week, Evolva launched Veri-te Pets resveratrol, and BASF sold a factory for ingredients including vitamin E. Also, Nature’s Sunshine collaborated with Utah University to assist with student financial aid, and Nutrileads appointed Erik Dam as CEO.

In brief: Business news
BASF completed the sale of its manufacturing site in Kankakee, Illinois, to Kensing, a newly founded affiliate of One Rock Capital Partners. The agreement also covers the Kankakee site’s associated businesses, which include vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters. The financial details have not been disclosed.

Manipal Natural will open a nutraceutical and herbal extract manufacturing facility in Bangalore Rural’s Dabaspet Industrial area in India. Dietary and food supplement manufacturers worldwide will use this facility to produce standardized herbal extracts, phytochemicals, organic herbal extracts and nutraceutical components.

In brief: Launches and releases
Prinova has launched a customer-centric online experience, which the ingredient distributor describes as a new standard in the ingredients industry. Its online platform is designed to better link customers to Prinova’s products and solutions by providing a centralized worldwide website tailored to each region’s needs.

Kirin Holdings, Kyowa Hakko’s parent business, is expanding its supply of Immuse, a paraprobiotic immune activator containing Lactococcus lactis strain Plasma in the European market. The regional roll-out began in April, and the component boosts the body’s natural defenses.

Goli Nutrition has added Goli Ashwa Gummies to its product line, manufactured with “the world’s most powerful” full-spectrum ashwagandha. After ten days on the market, the product sold out at a rate of 200 bottles per minute and rose to the top of Amazon’s multivitamin category. Goli Ashwa Gummies are manufactured with KSM-66 ashwagandha, a full-spectrum ashwagandha root extract with a high concentration.

Evolva is debuting Veri-te Pets resveratrol. This novel use of Veri-te resveratrol is intended for companion animal nutritional supplements, including for dogs, cats and horses. It helps age-related difficulties, as well as supporting joint, bone, cardiovascular, metabolic and cognitive health. The clean label offerings can be formulated into multiple applications, including pellets, powder and soft chews.

In brief: Partnerships and collaborations
Pocari Sweat, the isotonic beverage developed by Japan’s Otsuka Pharmaceutical, has teamed up with the Sports Medicine Association of Singapore (SMAS) to help people hydrate after exercise properly. As an Official Hydration partner, Pocari Sweat will help educate sports professionals and the public by disseminating accurate information on sports-related topics like proper hydration.Pocari Sweat product composition.

Play Beyond Nutrition announces its relationship with Demise, a major UK professional e-sports organization supporting the e-sports community. The relationship between Demise and Play Beyond Nutrition will be based on the common objective of improving player performance through enhanced nutrition and well-being. Play Beyond Nutrition will offer nutritional advice and nootropic supplements (Ult-Edge and Disconnect) to help Demise players perform at their best.

In brief: Appointments and awards
Erik Dam has been named CEO of Nutrileads as of June 1 to accelerate the commercialization of the company’s lead product, BeniCaros. Dam will oversee the company’s transition from a health ingredients developer to a commercial health ingredients firm.

On the occasion of The Associated Chambers of Commerce and Industry of India’s (ASSOCHAM) virtual conference entitled “Efficacy of Herbal Nutraceuticals: Stimulating the New Lifestyle,” Dr. Muhammed Majeed, founder of the Sami-Sabinsa Group, was recognized as the Father of the Indian Nutraceuticals Industry with an honorary award.

Nature’s Sunshine, a natural health and wellness company that manufactures high-quality herbal and nutritional products, announced the establishment of a new scholarship. Created in collaboration with the University of Utah’s David Eccles School of Business, the scholarship will assist diverse students in their educational pursuits by providing US$300,000 in financial help.Dr. Muhammed Majeed is recognized as the Father of the Indian Nutraceuticals Industry.

In brief: Regulation and tariffs
The Council for Responsible Nutrition (CRN), a trade group representing the dietary supplement industry, presented a citizen petition to the US Food and Drug Administration (FDA) over the agency’s objection to N-acetylcysteine (NAC) in nutritional supplements. The petition was written in response to a letter CRN wrote to the FDA after the agency issued warning letters, implying a sudden policy shift in which NAC is no longer considered a legal dietary supplement ingredient.

The American Herbal Products Association (AHPA) filed a letter to US Trade Representative Katherine Tai, demanding the elimination of punitive tariffs on various herbal products. These tariffs, which were part of a series of trade actions taken during the previous administration, have substantially influenced herbal ingredient supply chains and product packaging. While the “Phase One” trade agreement between China and the US reduced some tariffs last year, many commodities utilized by the herbal products industry still face higher ad valorem tax rates of up to 25 percent.

By Nicole Kerr