Weekly Roundup: Glanbia plc to sell 40% holding in Glanbia Ireland, Amazon updates dietary supplement compliance program
12 Nov 2021 --- This week in nutrition news, Glanbia plc announced it will sell its 40% holding in Glanbia Ireland to Glanbia Co-op for €307 million (US$351 million). Amazon set new requirements for third-party certification with its updated dietary supplement compliance program. Meanwhile, Norwegian biotech company Aker BioMarine entered China’s pet food market.
In brief: Business news
Glanbia plc and Glanbia Co-operative Society Limited (Glanbia Co-op) signed a non-binding memorandum of understanding to sell Glanbia plc’s 40% interest in Glanbia Ireland. The transaction is consistent with Glanbia plc’s focus on Glanbia Performance Nutrition (GPN) and Glanbia Nutritionals (GN). The proceeds from the transaction will be invested in growth opportunities, with up to 50% of the proceeds being returned to shareholders via a share buyback. Additionally, Glanbia plc’s Q3 2021 wholly-owned revenues were up 15.7% on a constant currency basis (up 9.7% reported) versus the prior year due to good demand across both GPN and GN. The group’s Q4 is expected to increase due to underlying consumer demand trends across key health and wellness markets.
Healthcare industry service provider Aenova increased production capacity for solid dosage forms at the Tittmoning, Germany, site to up to 10 billion tablets annually. The Tittmoning site is approximately 3,100 square meters, and the production building has been completed. Production is scheduled to start in the first quarter of 2022. The site will then have a third production line for high-volume tablet products, allowing for the expansion of tablet capacity. The investment project of approximately €25 million (US$28.6 million) at the Tittmoning site envisages further expansion stages for an additional 2 billion tablets.
Aker BioMarine entered the pet food market with an agreement with China’s pet food producer, Gambol Pet Food Group. In addition, Aker BioMarine initiated a partnership with three other Chinese pet food companies. Aker BioMarine’s krill meal is on par with becoming an essential ingredient in premium pet food in China. Additionally, the company strengthened its relationship with its largest Superba customers in China, Function and JE. These agreements are based on Aker BioMarine’s dietary supplement products for humans. As a result of these agreements, the company expects to increase sales of Suberba in China next year.
In brief: Launches and releases
Laboratoire PYC developed an immunity food supplement formula consisting of active ingredients vitamin C, vitamin D, and zinc to meet consumer demand for clean label products. Vitamin C is sourced from a rosehip extract, and vitamin D is derived from algae. The supplement is formulated without silicon dioxide and titanium dioxide. Its flavors are natural, and the sweetness is obtained from steviol glycosides found in stevia.
Nutrify Today launched the “world’s first” nutraceuticals academy. The Nutrify Today Academy will focus on elevating skill sets in the nutraceuticals category to keep pace with industry growth. With dual bases in Mumbai and Bangalore, the Nutrify Today Academy will initially focus on India and Asia before expanding to other key global nutraceutical markets through an online curriculum. Several universities, including Centurion University and the Indian Institute of Integrative Medicine, will have strong academic affiliations with the Nutrify Today Academy. The academy will provide access to university students studying pharma, food technology, biochemistry and chemical engineering who want to pursue a career in nutraceutical ingredient formulation. Additionally, it expects to train a minimum of 5,000 professionals by 2024.
In brief: Regulation and recommendations
Under a new policy, Amazon will require each dietary supplement vendor on its platform to submit a good manufacturing practice certificate issued by an accredited third-party certification body. Also, Amazon will require vendors of products listed as intended for sexual enhancement or weight loss and weight management to submit independently issued finished product certificates of analysis. The identified compounds are unlawful dietary ingredients; and for sexual enhancement, these include sildenafil and its analogs – tadalafil and vardenafil. For weight loss products, the compounds identified include sibutramine and fluoxetine.
The British Nutrition Foundation unveiled its updated portion size guides named “Your balanced diet – get portion-wise,” funded by the EIT Food. This is in light of a survey finding that 41% of adults say they tend to finish everything on their plate, even if they are full. This was particularly the case for men, 51% of whom say they clear their plates compared to 31% of women. Thirty-seven percent of women say they leave some food on their plates if they feel full before eating, compared to 24% of men. The results revealed that serving more significant portions of food encouraged people to eat more, contributing to consuming more calories than needed.
In brief: Research and studies
NattoPharma, now part of the Gnosis by Lesaffre group, supported an animal study that showed how combining vitamin K2 with phosphate binders (PBs) can inhibit vascular calcification and become a useful therapy for chronic kidney disease (CKD) patients. Supporting the study, NattoPharma provided MenaQ7 K2 as MK-7 as the source material and funding through a Norwegian Research Council grant. The research provides further understanding of the role of vitamin K deficiency, specifically highlighting its potential as a cardiovascular therapy for an at-risk population. Study results showed that the combination of high vitamin K2 diet and PB treatment significantly reduced vascular calcification. Moreover, high vitamin K diet and PBs led to reduced vascular oxidative stress.
Researchers at the Institute for Research in Biomedicine in Barcelona, Spain, found that a diet rich in palmitic acid, sourced from palm oil, makes tumor cells more aggressive, conferring them a greater capacity to metastasize. Additionally, researchers state that 99% of cancer deaths are caused by metastasis – the spread of the primary tumor to other organs. The study concluded that a diet rich in palm oil favors cancer development, even if exposure to this fatty acid occurs in a very early stage of the disease when the primary tumor may still have not been detected.
By Nicole Kerr
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