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Herbalife is the focus of a Securities and Exchange Commission investigation into anti-corruption compliance in the firm’s China business, the company reported in a Jan. 20 regulatory filing. An analyst covering the stock believes the investigation will have little impact on growth.
At its start in 2006 and for a few subsequent sessions, the caucus wasn't well known and receiving the Administration Committee's acknowledgement that it was an authorized congressional membership group wasn't routine. Returning members had to renew their membership with each session, too.
Supplement and food firms “major” targets still of Prop 65 private enforcers, including the primary bounty hunter Environmental Research Center, which has gone after many retail-distributed supplement brands and now has direct and catalog sales in its crosshairs.
Latest From Dietary Supplements
PharmaTech customers recall liquid supplements, including products indicated for children, after CDC informs FDA that an antibiotic-resistant pathogen was found in a PharmaTech Rx drug. CRN says the recall should remind supplement firms about tracking supply chains and auditing contract manufacturers.
An FDA warning letter says during an inspection at Phoenix firm APS Biogroup’s facility in February, ORA Denver district officials found violative claims in addition to branding problems.
Age group clear in UK follow-on formula ad; MusclePharm trims loss; Kill Cliff alive with investment; and more news in brief.
CFSAN schedules a public meeting on developing a list of dietary ingredients available in the food supply before Congress in 1994 passed DSHEA. CRN expects the meeting to lead an “official safe harbor list” of eligible ingredients, but not directly to a final NDI notifications guidance.
The firm has looked to boost sales through a retail re-invention strategy for improving customers' shopping experience with better store layouts, product assortment and website improvements. Now it’s using tools “directly focused on customer acquisition, price/value and customer retention,” CEO Colin Watts says.
Armada Nutrition response on 483 observations inadequate; Herbalife ‘entering new chapter’; Mannatech turns around from year-ago loss; and Prevagen goes racing.
Nearly $500,000 In re-inspection fees uncollected; ED drugs In AMPT Life coffee ; and more protein bars caught In Listeria-contamination recall.
Swander Pace expands Captek’s operations less than two years after acquiring the firm and seven months after investing in a protein supplement manufacturer as one of numerous private equity firms active in the nutritional products space.
Statements about collagen production, maintaining cellular integrity, addressing age spots, even shrinking wrinkles and treating noncystic acne – all are viable structure/function claims for nutricosmetics, assuming there's evidence to back them up. The Rose Sheet discusses the growing opportunity with regulatory and legal experts and provides an overview of the market at present.
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