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Herbalife unveils China TCM joint venture as it posts flat full-year sales for 2016

Herbalife has reached an agreement in principle to form a joint venture with Traditional Chinese Medicine (TCM) products and services firm Tasly Holding Group.

Profits slump at Blackmores as 'challenging' China market continues to take its toll

Net profits at supplements manufacturer Blackmores slumped by 42% in the first of half of the financial year, with the firm reporting reduced demand from Chinese ‘daigou’ shoppers who buy...

European supplements brand aims to take bigger bite out of Asian weight loss market

Spanish firm Reig Jofre’s nutritional supplements line Forte Pharma is looking towards South East Asia for expansion, after establishing a firm foothold in Hong Kong and Macau. 

Boosting Singapore's brain health: ‘We’re trying to change the slope of cognitive decline’, says supplements boss

A new cognitive health supplement firm which recently opened a base in Singapore is targetting consumers in their 40s as it seeks to expand across the region. 

Asian expansion gives BioGaia reasons for optimism: Managing director

Probiotics manufacturer BioGaia has reported annual sales growth of 9%, excluding exchange rate effects, with managing director Axel Sjöblad highlighting growth in Asia as a key reason for continued confidence...

Mead Johnson Nutrition agrees Reckitt Benckiser takeover

Reckitt Benckiser Group plc (RB) has signed a merger agreement with Mead Johnson Nutrition Company (Mead Johnson) under which Mead Johnson shareholders will receive $90 in cash for each share...

News in brief

Indian firm Strides Shasun exits probiotics space after sales dip

Bangalore-based pharmaceutical and nutraceutical firm Strides Shasun has announced it is leaving the probiotics sector.

China private equity firm acquires 80% stake in Kiwi supplement manufacturer

New Zealand supplement firm Better Health Co, which owns the GO Healthy brand, has sold an 80% stake to an Asian private equity fund to help it tap into international markets.

Reckitt Benckiser in $16.7bn takeover bid for Mead Johnson Nutrition

Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital...

Blackmores Institute: It’s vital we help pharmacists enhance supplements knowledge

Blackmores Institute is to hold its first Singapore symposium as part of its efforts to help train and guide pharmacists to safely and effectively integrate supplements into their practices.

Curcumin can be ‘as big as omega-3’ with correct science and marketing: OmniActive MD

Curcumin can become as big as omega-3, according to the boss of Indian nutraceutical supplier OmniActive, which has recently received a significant funding boost and made a high-level acquisition.  ...

Amway plans 50 stores in India amid sports nutrition and consumer durables push

Amway has revealed it plans to open a further 50 stores in India, but has vowed to remain a direct-selling company with sellers “the key point of distribution”.

Mead Johnson full-year sales slip, but China and e-commerce performance 'strong'

Infant nutrition company Mead Johnson saw sales in Asia – its largest region – slip 9% year-on-year, 5% on a constant dollar basis, to $1.856bn – although the company recorded...

India manufacturer launches MyFy prebiotic supplement to bridge country’s fibre gap

Prebiotic soluble fibre dietary supplement MyFy is the first product to be launched by Galaxy Scientific Nutrition in India to address the country’s significant shortfall of fibre intake.

DHA and ARA rule change crucial for Danone’s Indian expansion drive

The decision by the Food Safety and Standards Authority of India (FSSAI) to approve DHA and ARA-enriched infant food was a crucial factor leading to Danone’s ambitious growth plans for...

Herbalife facing investigation over anti-corruption compliance in China

Herbalife has confirmed that it is facing a probe from the US Securities and Exchange Commission (SEC) regarding anti-corruption compliance in China. 

Asia growth: The main reason Nestle could be keen on Mead Johnson acquisition

The financial press is rife with chatter that Nestle is weighing up a bid for US infant formula firm Mead Johnson.

Student’s start-up supplement bars help reduce anaemia in Indian women

A fortified iron supplement bar given to women in and around Mumbai reduced anaemia with no reported side effects, according to a study by Duke University researchers and collaborators in...

Danone’s Aptamil launched in India as part of nutrition and revenue growth plans

Aptamil, one of Danone’s infant formula brands sold in 45 countries, has been launched in India, with the company saying it plans to produce local supply at the company’s Lalru,...

Indian gummy supplements supplier gets new US$1.5m investment

Hyderabad-based nutritional supplements maker Genmedic Healthcare Pvt Ltd received an investment boost from the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd (BCCL), Brand Capital. 

Sell-up: Analysts predict more gloom for infant formula firm Bellamy’s as shares slump continues

Replacing CEO Laura McBain hasn’t seen the end of financial turmoil at Australian infant formula manufacturer Bellamy’s with shares continuing to slide amid gloomy forecasts from analysts.

Ayurveda extract helps reduce knee pain in elderly: Sabinsa Japanese RCT

A clinical trial evaluating the effects of Sabinsa’s Boswellin Super supplement on knee pain reduction revealed improvements in pain management, a study funded by the company has found.

Chinese domestic formula companies floundering amid stiff competition

With more than 100 infant milk powder manufacturers established and thousands of product lines launched in the last 30 years, overcrowding in the segment appears to have hit Chinese businesses hard.

Australian infant formula manufacturer Bellamy’s facing boardroom battle

Australian infant formula firm Bellamy’s is facing further turmoil after a major shareholder demanded the removal of four of the company’s board directors.

Herbalife appoints leading Hong Kong academic to its nutritional board

Herbalife has appointed Hong Kong academic Dr Zhen-Yu Chen to its Nutrition Advisory Board as it seeks to ramp up its regional advocacy efforts.

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