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Open Book Extracts Raises $11.5M Series B Funding Round to Accelerate Global Growth
Open Book Extracts (OBX), a Roxboro, NC-based ingredient manufacturer and product development house for cannabinoid-enabled products, announced the close of an $11.5 million Series B equity financing round through its parent company Steady State. This round of funding, co-led by Nortecapital and KEY Investment Partners, is a resounding vote of confidence for OBX and its ...
NPA Proposes Streamlined Data Sharing at FDA
The Natural Products Association (NPA) outlined a streamlined process to facilitate data sharing within the agency in comments to the U.S. Food and Drug Administration (FDA). Specifically, NPA suggested sharing data from the Office of Dietary Supplement Programs on structure/function claim notifications, new dietary ingredient (NDI) notifications, current good manufacturing practice (cGMP) inspections and certificate ...
Deerland Probiotics & Enzymes Positioned to Collaborate With Customers Worldwide
Deerland Probiotics & Enzymes (Kennesaw, GA) has announced that it has completed the integration of Denmark-based Bifodan A/S which was acquired in 2019. The two companies now operate as one global entity under the Deerland brand. With this development, customers of Deerland and the former Bifodan now enjoy full access to an expanded portfolio of science-backed ...
The ABH Nature’s Products Recall—Lessons for Own Label Distributors
On Jan. 21, 2020, ABH Nature’s Products, Inc., ABH Pharma, Inc., and Stocknutra.com, Inc. (collectively “ABH”) announced an unprecedented recall covering in excess of 1,200 products marketed by more than 800 different own label distributors (OLD—companies that hire a contract manufacturer to produce branded products for them). This action came as a result of an ...
Natural Ingredient Suppliers and Manufacturers Adjust to COVID-19 Fight
With the number of cases of the Coronavirus (COVID-19) growing by the day and a number of states enforcing “shelter-in-place” orders, natural product manufacturers and ingredient suppliers are adjusting their practices to meet the new realities of working during a pandemic. Guidance from the Department of Homeland Security (DHS), and President Trump’s declaration that workers ...
Sami Labs Breaks Ground on $30M Production Facility
Sami-Sabinsa Group hosted a ground-breaking ceremony, on Jan.20, 2020, for a new Active Pharmaceutical Ingredients (API) manufacturing unit at Pharma SEZ Industrial Area, Hassan, Karnataka, India. The latest facility, with a planned investment of $30 million (U.S.), is part of the group’s strategy to expand existing ingredient growth, and focus on innovative new products. This ...
AHPA to Host Inaugural Hemp-CBD Dietary Supplement Congress
The American Herbal Products Association (AHPA) is presenting a two-day Hemp-CBD Supplement Congress in Denver, CO this August to provide critical input for companies navigating the rapidly evolving legal, regulatory and financial landscapes to manufacture and market dietary supplement products with hemp or hemp-derived ingredients including cannabidiol (CBD). The event features presentations from federal officials, ...
ExcelVite Collaborates with USP in Developing a Monograph for Carotenes
PIC/S cGMP (current good manufacturing practice)-certified palm carotene producer ExcelVite (Edison, NJ) announced that a collaboration with USP (U.S. Pharmacoepia) resulted in the publication of a new plant carotenes monograph. The new USP Carotenes monograph was a collaborative effort between ExcelVite, USP and its Non-Botanical Dietary Supplements Expert Committee. It was developed based on palm ...
Embracing Botanical Extracts
While the popularity of certain medicinal plants may ebb and flow, the need for research and clean ingredients remains steady for botanical extracts in finished products. The National Institutes of Health’s Office of Dietary Supplements sums up a botanical best in its definition of the item—“a plant or plant part valued for its medicinal or ...
The Daily Wellness Company Launches TruTag On-dose Identity Solution
TruTag Technologies (Kapolei, HI), a security and technology solution provider, announced that The Daily Wellness Company (Honolulu, HI) has launched the TruTag dosage-level product identity technology into its products in the United States, starting with its top-selling product, FertilityBlend for Women. TruTag Technologies improves the safety, traceability, and authenticity of pharmaceuticals and nutraceuticals with its ...
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