Supplement firm GNC looks set for considerable expansion in China, with Harbin Pharmaceutical Group Holding Co (Hayao) investing $300m to become the firm's largest single shareholder.
GNC could become the latest vitamin and supplement firm to have Chinese owners, with The Wall Street Journal reporting that the company has met with several interested parties.
Canadian biotechnology company Neptune has followed its krill supply rivals Aker Biomarine in receiving New Food Raw Material certification in China, which allows the companies to sell their krill oil nutraceutical products in the county.
A provider of proprietary developments for nutraceutical and cosmeceutical ingredients has extended an existing cooperation for discovering new functional materials sourced from the jungles of Malaysia.
