Probi USA Inc. has acquired Nutraceutix of Redmond, WA, for $105 million. Tim Gamble, CEO of Nutraceutix, said in a press statement, “With highly complementary expertise, assets, product offerings and a shared strategic focus on quality-conscious growth, I envision an outstanding future for the new entity. The transaction will result in the creation of a global leader in the probiotics and probiotic dietary supplement space, and will open up a wealth of new opportunities for the company, its employees and its customers.”
ExcelVite, headquartered in Edison, NJ, launched a new set of product trademark logos “to affirm its commitments to sustainability, quality as well as science and clinical research.” Trademark logos are available for branded ingredients like EVNol, EVNol SupraBio and EVTene.
Montreal, Canada-based Lallemand received Non-GMO Project (NGP) Verification for its inactive yeast products.
PreticX xylooligosaccharide prebiotics from AIDP of City of Industry, CA, received Certified Organic verification.
Contract manufacturer Capstone Nutrition of Ogden, UT, has secured the capital investment needed to expand its state-of-the-art powder manufacturing capabilities and organic product capabilities.
Bio Actives Japan and American Medical Holdings of New York, NY, earned a U.S. patent for their FB3 ingredient. The patent is entitled, “Composition and method for the safe and effective inhibition of pancreatic lipase in mammals.”
Sabinsa Corporation of East Windsor, NJ, received a letter of no objection from FDA regarding the GRAS status of its LactoSpore ingredient.
Carol Stream, IL-based Prinova made an agreement with Apiscent Labs whereby Prinova will be its exclusive distributor for flavor and fragrance ingredients in the United States.
Published in WholeFoods Magazine August 2016