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| NBJ's Weekly News Update September 3, 2008 |
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RESEARCH NEWS Study Finds Fish Oil Superior to Rx Cholesterol-Reducing Drug Omega-3 fatty acids received another research boost this week—this time from an Italian study, which found that fish oil supplements work slightly better than the popular cholesterol-reducing drug Crestor in helping patients with chronic heart failure. The study findings, published online Aug. 31 in the medical journal The Lancet and presented at a meeting of the European Society of Cardiology in Germany, reinforce “the idea that treating patients with heart failure takes more than just drugs,” Jose Gonzalez Juanatey, MD, a spokesman for the European Society of Cardiology (who was not involved in the research), told the Associated Press. Read more. ORGANIC NEWS Sara Snow, Margaret Wittenberg, Ken Cook and Timothy Escamilla Elected as New Board Members of the Organic Center The Organic Center is announced the election of new members to join its Board of Directors. Joining The Organic Center in its mission to advance peer-reviewed scientific research and information behind the health and environmental benefits of organic food and farming—and to communicate those benefits to the public—are organic, healthy living and environmental TV host Sara Snow of Discovery Channel’s Get Fresh with Sara Snow; Environmental Working Group President Ken Cook; Timothy Escamilla, VP of Procurement and Supply Chain for Ready Pac; and Margaret Wittenberg, Global VP of Quality Standards and Public Affairs for Whole Foods Market. Read more. MARKET RESEARCH Save the date - NBJ’S 2008 Sports Nutrition & Weight Loss Web Seminar Nutrition Business Journal will host a live web seminar to review the six segments of the $18.26-billion U.S. Sports Nutrition and Weight Loss market and their significance to the $94-billion U.S. nutrition industry. The web seminar will be held on Thursday, September 25, 2008 at 11-12:30 pm Mountain Time.Read more. 2008 Supplement Business Report NBJ has just announced the opportunity to pre-order the 2008 Supplement Business Report. Place your order today and get $200 OFF the regular price of $2,995. Contact Rachel at rdederich@nutritionbusiness.com for more details and to place your order. INDUSTRY NEWS GSK’s Alli Yet to Achieve ‘Blockbuster Status’ in Weight-Loss Market Alli, the over-the-counter weight-loss drug launched in June 2007 by GlaxoSmithKline (GSK), was predicted to become an overnight success, with GSK pumping $150 million into marketing the drug and forecasting that annual sales would reach upwards of $1.5 billion, according to the Associated Press. But in the year following the pharmaceutical giant’s much-heralded debut of Alli, analysts are less than impressed with the drug’s sales, which have dropped off precipitously as word of the product’s unpleasant side effects have reached consumers. “I would characterize its sales, given the amount of money they have spent on marketing, as pretty underwhelming,” Steve Brozac, president of WBB Securities LLC, told NBJ last month. “Blockbuster status has clearly not been met.” Read more. Hain Announces Sales Windfall, Decline in Profits The Hain Celestial Group, known for its natural and organic foods, has reported fourth quarter sales growth of 25%. Still, profits are down 46% for that same period. Analysts expected sales figures to come in around $264 million, but Hain was able to exceed that goal with $278 million in sales for the quarter. Read more. New Technology Could Allow for Faster Antioxidant Absorption Researchers in Australia have developed a nanoparticle one thousandth the width of a human hair, which is designed to protect antioxidants in the body’s digestive track. The nanoparticle is aimed at patients who have depleted antioxidant levels from conditions such as Alzheimer’s and diabetes. Read more. |
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