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Business (Wellness)
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Stada Looks To Take Slice Of Growing Probiotics Market With Launch Of Probielle In Germany
Horlicks Brings Unilever 'Transformative' Nutritional Deal, Market Challenges
Firm's Hindustan Unilever division will merge with s GSK Consumer Healthcare India which has had total sales around €550m so far in 2018, primarily through the Horlicks and Boost brands and with nearly 90% of the revenues in India. Also will acquire 82% stake in GSK Bangladesh and other GSK commercial operations and assets outside India, paying €3.3bn in combination of cash and shares in Hindustan Unilever.
FDA Review Of Dietary Ingredients For Pharmacy Compounding Could Open Door To Change DSHEA
FDA could look for Congress to amend DSHEA as it creates a “deep” administrative record on dietary ingredients placed on a list of substances no longer allowed for use by compounding pharmacies, says integrative medicine attorney Alan Dumoff. Pharmacy organizations are writing a citizen petition to ward off what they fear will be an excuse to step-up regulation of supplement manufacturing and marketing.
Deals
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Latest From Wellness & Deals
Stada’s Acquisition Spree Continues With Deal For Ukrainian Probiotics Player
Nestlé Developing Microbiome-Based Supplements with Dutch Partner
P&G Ventures Startup Incubator Yields Supplements For Menopause Symptoms
Strategy
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Latest From Wellness & Business Strategies
Health And Wellness Trademark Review 3 December, 2019
Trademarks are registered and published for opposition with the US Patent and Trademark Office and are published weekly in the agency's Official Gazette.
HBW Market News: FTC Ends Another Supplement Scam, Australia Win For ChromaDex, GOED Report, Herbalife
Herbalife opens 9,200 square-foot training facility in China; GOED's latest annual market report, covering 2017-2018, is available; ChromaDex has two-tear exclusivity for nicotinamide riboside chloride in Australia; and A.S. Research arthritis claims for Synovia end in FTC settlement.
On CRN Challenge, Nexus Formulas Gets Lesson On Supporting Ad Claims For Supplements
So full of errors were the firm's online ads for its Plavinol supplement, the National Advertising Division noted support for some claims contained "many of the same flaws" as others. The prevalence of problems prompted NAD to go outside its "scope of review" and note unclear instructions on Plavinol labels.
Sales & Earnings
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Latest From Wellness & Sales & Earnings
Wellness Market News: VSI, Mannatech Q3 Results, GoGenics, Hundred, Orgain Investments, One CBD Launch
One CBD launches as opioid alternative; EMEA drives Mannatech sales; VSI slumps in final quarter before sale; $3.2m financing for GoGenics; $8m technology investment in hundredInc.; and Butterfly buys Orgain majority stake.
Perrigo's Combo For Growth: Bolt-on Acquisitions And New Products
Bausch's Lumify Eye Drops Sales Jump To Double Competitors' Market Share
Lumify redness relief eye drops nearly doubled in sales between Bausch's second and third quarters and drove 7% organic growth of its global consumer business compared to the year-ago period. The brand has double the market share of its two closest competitors, and the firm plans clinical studies for product extensions to the brand in 2020.
Litigation
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Latest From Wellness & Legal Issues
Bayer Hit With Fine For Ads Targeting Kids In Hungary
Novartis Seeks 'Amicable' Resolution Of German Probiotics Dispute
Prevagen Among Magazine's Top 'Brain' Supplements; FTC Complaint Ongoing
Prevagen among four products named “Best of Supplements” for "brain health" by Better Nutrition Magazine. FTC proceeds with complaint against the firm, which filed responses to the agency's complaint after the litigation was returned to US district court.
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