Herbalife Adds TCMs In JV: Health And Wellness Industry News Roundup
This article was originally published in The Rose Sheet
Herbalife adds traditional Chinese medicine to its portfolio as it reports 17.6% net income growth; PepsiCo's Naked Juice brand agrees to modify labeling in CSPI litigation; and House Health Subcommittee schedules hearing on improving sports' doping testing system.
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The firm with independent distributors selling nutritional and weight loss products around the world reports third-quarter net income of $87.7m, off 6.3% from the year-ago quarter.
In a bit of legislative jiu-jitsu, congressional dietary supplement champions have redirected Sen. John McCain from sponsoring a bill that would put new burdens on industry to backing a provision that requires FDA publish a guidance stakeholders have been pushing for