Dietary Supplement Industry

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GNC enters bankruptcy while negotiating with Harbin as buyer

By Hank Schultz

Struggling retail giant GNC has filed for Chapter 11 bankruptcy according to a news report. GNC is reportedly entering into the process with Chinese firm Harbin Pharmaceutical waiting in the wings as a potential buyer.

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GNC turns up volume on bankruptcy alarm

By Hank Schultz

Struggling supplement retailer GNC has reiterated a forthright statement that filing for bankruptcy court protection might be only days away.

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NPA urges FDA to be proactive on potenial coronavirus fraud

By Hank Schultz

The Natural Products Association has attempted to get out ahead of a potential issue for the industry by asking federal authorities to monitor dietary supplement companies claiming to treat coronavirus infections.

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