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The #1 Online Natural & Nutritional Products Information Resource    November 16, 2009
NPI Watch Up Front

Welcome to NPI Watch for the week of November 16, 2009. Headlining this week’s news; AHPA's letter to the Editor sets the record straight in the Boston Globe and new research shows promise in using traditional research methods to assess efficacy of complementary therapies. In business news, NutraCea U.S. has filed for protection under chapter 11 to restructure operations and Vivakor has announced a distribution & purchase order contract with Regeneca International, Inc., for a nutraceutical formulation. In product news, Cognis has unveiled a new product concept featuring functional ingredients for dietary supplements, foods and beverages, Naturex has introduced Cereboost™ for brain health and Solae has introduced a new high protein soy nugget.

Have you been keeping up to date with NPI Asia? It’s loaded with the most up-to-date information regarding the Far East and Austraila’s natural product industries, articles from industry players and more. Click here to check sign up today.

Nutracon is hosting an educational webinar on Nanotechnology, December 7, 2009. The event will feature Kantha Shelke, Principal of Corvus Blue LLC and Kimberly Lord Stewart, Editorial Director of Functional Ingredients Magazine. To register for this event, click here.


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Industry Briefs



Business Briefs

  • NutraCea Obtains Court Approval for DIP Financing and Other First Day Motions
    [2009/11/16][NutraCea ]
    NutraCea has announced that its Motion to Approve Senior Secured Post Petition Financing, along with other routine first day motions, was approved on November 12, 2009 in the U.S. Bankruptcy Court for the District of Arizona. NutraCea now has access to the funds in the Debtor-in-Possession financing facility provided through Wells Fargo Bank, N.A.

     
  • Skinny Nutritional Corporation Strengthens Distribution Network with the Addition of Davis Beverage Group
    [2009/11/13][Skinny Nutritional Corp.]
    Skinny Nutritional Corp., has announced that it has entered into a distribution agreement with Bethlehem-based Davis Beverage Group.

     
  • NutraCea U.S. Files for Protection Under Chapter 11 to Restructure Operations
    [2009/11/13][NutraCea ]
    NutraCea has announced that the Company has filed a voluntary petition for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Arizona. None of the Company's subsidiaries, including its Brazilian rice bran oil operation, Irgovel, were included in the bankruptcy filing.

     
  • Vivakor Announces Distribution & Purchase Order Contract with Regeneca International, Inc. For Nutraceutical Formulation
    [2009/11/13][Vivakor, Inc.]
    Vivakor, Inc., has announced it has completed an exclusive distribution agreement with consumer product specialist, Regeneca International, Inc., for one of its proprietary nutraceutical formulations.

     
  • Jamba, Inc. Reports FY09 Q3 Results
    [2009/11/13][Jamba, Inc.]
    Jamba, Inc., has announced their FY09 Q3 results, repoting a net income of $2.8 million.

     
  • Cyanotech Reports FY10 Q2 Results
    [2009/11/13][Cyanotech Corporation]
    Cyanotech Corporation has announced their FY10 Q2 results, reporting revenues for the second quarter of fiscal 2010 increased 20% to $3,925,000, compared to revenues of $3,274,000 for the second quarter of fiscal 2009. Gross profit was $1,762,000, with gross profit margin of 45%, in the current quarter compared to a gross profit of $1,378,000 and gross profit margin of 42% reported for the same quarter in 2009.

     
  • Trish Mahon Joins Jarrow Formulas as Director of Marketing
    [2009/11/13][Jarrow Formulas Inc. ]
    Jarrow Formulas®, Inc., has announced that Trish Mahon has joined the company as the Director of Marketing and will oversee all marketing initiatives.

     
  • Natural Alternatives International, Inc. Announces Fiscal 2010 Q1 Results
    [2009/11/11][Natural Alternatives International, Inc.]
    Natural Alternatives International, Inc. has announced FY10 Q1 results, reporting net sales from continuing operations during the quarter decreased $2.5 million from $19.5 million recorded in the comparable prior year period, with net income in the first quarter of fiscal 2010 was $1.2 million or $0.18 per diluted share compared to a net loss of $349,000 or $0.05 per share in the first quarter of fiscal 2009.

     
  • Forbes Medi-Tech Announces Financial Results for Third Quarter Ended September 30, 2009
    [2009/11/11][Forbes Medi-Tech Inc. ]
    Forbes Medi-Tech Inc. has announced FY09 Q3 results reporting, for the nine months ended September 30, 2009, the net income of $1,724,000 including the one-time positive impact of the reversal of the $1,424,000 provision for loss on certain purchase commitments

     
  • Nutrasource Diagnostics Inc. Announces Contracts
    [2009/11/10][Nutrasource Diagnostics Inc.]
    Nutrasource Diagnostics Inc., has announced the receipt of one of two contracts awarded by Agriculture and Agri-Food Canada in response to the Request for Proposal (#01B68-9-0559) for Systematic Scientific Literature Reviews to Assess the Validity of a new Food Health Claim in Canada.

     
  • NBTY Reports FY09 Q4 and Year End Results
    [2009/11/10][NBTY, Inc. ]
    NBTY, Inc., has announced their FY09 Q4 and year end results, reporting net sales were a record $674 million compared to $602 million for the fiscal fourth quarter ended September 30, 2008, an increase of $73 million or 12%. Leiner Health Products, which was acquired in July 2008, has been fully integrated into NBTY operations, and accordingly, Leiner sales can no longer be separately identified. Net income for the fiscal fourth quarter ended September 30, 2009 was $63 million, or $1.00 per diluted share, compared to net income of $18 million, or $0.28 per diluted share, for the prior comparable quarter.

     
  • Stratum Nutrition, Novus International Enters Into Technology Partnership with ESM Technologies
    [2009/11/10][Novus International]
    Stratum Nutrition, a human nutrition division of Novus International, has entered into a "Technology Partnership" with ESM Technologies of Carthage, MO in order to accelerate the global use of ESM's NEM(R) (Natural Eggshell Membrane) ingredient in supplements, functional foods and beverages.

     
  • Heathrow Natural Food & Beverage, Inc. Announces FY09 Q3 Results
    [2009/11/10][Heathrow Natural Food & Beverage, Inc. ]
    Heathrow Natural Food & Beverage, Inc., has announced their FY09 Q3 results, reporting Operating Income for the three months ending September 30, 2009 was $267,400 or a 43% increase over the second quarter 2009. General, Administrative and Other expenses for the same period were $106,700 or a 14% decrease from second quarter 2009. Net revenue for the same period was $160,700 or a 150% increase from second quarter 2009.

     
  • Synutra Reports FY09 Q2 Results
    [2009/11/10][Synutra International, Inc. ]
    Synutra International, Inc., has announced their FY09 Q2 results, reporting revenues for the fiscal second quarter ended September 30, 2009 totaled $65.3 million, down 31.1% from $94.8 million in the second quarter a year earlier.

     
  • NXT Nutritionals Expands Distribution of SUSTA(TM) Natural Sweetener through United Natural Foods
    [2009/11/10][NXT Nutritionals Holdings, Inc.]
    NXT Nutritionals Holdings, Inc., has announced that it has expanded distribution of its SUSTA(TM) Natural Sweetener 50 Packet Boxes through United Natural Foods, Inc.

     
  • D.D. Williamson Announces Katie Price Promotion
    [2009/11/10][D.D. Williamson]
    D.D. Williamson has announced the promotion of Katie Price to Customer Support Chemist in the Global Support Center.

     


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Regulatory/Research Briefs

  • New Research Shows Promise in Using Traditional Research Methods to Assess Efficacy of Complementary Therapies
    [2009/11/16][Children's Hospitals and Clinics of Minnesota ]
    New research findings presented at the Society for Integrative Oncology's Sixth International Conference in New York show promise in assessing the efficacy and safety of complementary and alternative medicine using traditional research methods.

     
  • Hi-maize Resistant Starch Shown to Help Adults Eat Less Food over 24 Hours
    [2009/11/16][National Starch Food Innovation ]
    A University of Surrey clinical study found that the addition of Hi-maize resistant starch, a natural dietary fiber from corn with many health benefits, to breakfast and lunch meals resulted in significantly fewer calories being consumed.

     
  • Simplicity Heads Top Ten New Food NPD Trends for 2010
    [2009/11/16][The Innova Database]
    Levels of new NPD activity are continuing to hold up well in the face of the difficult global financial situation, with the number of launches in the first 10 months of 2009 ahead of the total achieved in the same period of 2008, according to Innova Market Insights.

     
  • Plenty of Innovation Opportunities for Heart Health Products
    [2009/11/16][Bio2com ApS]
    Bio2com ApS are launching a market report investigating heart health products and their respective ingredients markets. Statistically, one out of every six persons would benefit from a heart healthy diet as these individuals are at risk of heart health problems or already affected by heart related issues.

     
  • Cognis' Betatene® Natural Mixed Carotenoids Now GRAS as Nutrient for Wide Range of Applications
    [2009/11/16][Cognis Nutrition and Health]
    Cognis has announced that their Betatene® is now self-affirmed GRAS as a nutrient for food and beverage applications.

     
  • Natural and Organic Consumers Focus on Health and Wellness Amidst Public Health Concerns
    [2009/11/13][Mambo Sprouts Marketing]
    Health care costs and heightened public health concerns have consumers focused on staying well in 2010. That's according to a recent MamboTrack(TM) study by Mambo Sprouts Marketing, the leader in natural and organic product marketing and promotions, which surveyed the organic buying and wellness habits of 1,000 natural product consumers to get an outlook for the coming year.

     
  • Weider Global Nutrition to Pursue Pending Lawsuit
    [2009/11/13][Weider Global Nutrition]
    GLG-Weider Sweet Naturals is a joint venture between GLG Life Tech Corporation and Weider Global Nutrition. In their Shareholders' Agreement, GLG and Weider stated their intention was to maximize stevia-based product sales through Sweet Naturals throughout the world. On October 14, 2009, however, GLG announced that it formed its own sales team for stevia-based products. On November 4, 2009, Weider filed a Statement of Claim against GLG with the Supreme Court of British Columbia in Canada, stating claims for breach of the Shareholders' Agreement, misrepresentations by GLG and its Chairman/CEO, and for breach of fiduciary duties.

     
  • Organic Monitor Unravels Natural & Organic Cosmetic Standards
    [2009/11/10][Organic Monitor]
    Organic Monitor has announced their new Technical Insights report, which critically assesses the leading international natural & organic cosmetic standards. A major finding is that although standards are gaining in popularity, adoption is mostly on a national basis.

     
  • Natural Products Association Grants Current Good Manufacturing Practices Certification to Natrol
    [2009/11/10][Natrol, Inc.]
    Natrol, Inc., has been recently certified by the Natural Products Association Current Good Manufacturing Practices Certification Program which incorporates the Food and Drug Administration final cGMP rule [21 CFR 111].

     
  • Institute of Medicine Petitioned to Establish Clear Dietary Reference Intakes for EPA and DHA Omega-3s
    [2009/11/10][Global Organization for EPA and DHA Omega-3s (GOED)]
    The Global Organization for EPA and DHA Omega-3s and a consortium of eight leading scientific, trade, and consumer advocacy organizations have petitioned the US Institute of Medicine to convene an expert panel to establish clear dietary reference intakes for the EPA and DHA omega-3 fatty acids.

     


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