Under this agreement, Eisai will supply Eurofarma with lorcaserin. Eisai Co., Ltd. has entered into an agreement to grant exclusive development and marketing rights for its anti-obesity agent lorcaserin hydrochloride in 17 countries in Latin America and the Caribbean, excluding Brazil, to Eurofarma Laboratorios S.A. which has a business foundation[Read More…]
Company News
Duni acquires major stake in BioPak for $45.7M
BioPak’s three subsidiaries will be incorporated into Duni’s Business Area New Markets division. Swedish packaging manufacturer Duni has acquired a 75 per cent stake in Australia-based sustainable packaging producer BioPak for SEK 410 million ($45.7 million). BioPak creates sustainable packaging such as cups, plates and trays made from fibres, cardboard[Read More…]
Vitafoods Asia returns in 2018, evolving with new exhibitors and heralding new future of innovation
The exhibition was a full-service look into the nutraceuticals industry, from its key ingredients, to contract manufacturing and labelling to services, equipment and branded finished products. Singapore- The eighth edition of Vitafoods Asia, the only dedicated event covering the nutraceutical supply chain – from ingredient to shelf, took place from 11-12[Read More…]
Lactalis to buy chilled dairy biz of Nestle Malaysia
Lactalis plans to establish Malaysia as the operations hub of its dairy business in Asia following the transaction. Nestlé Malaysia has agreed to offload its Malaysian chilled dairy business and its Petaling Jaya Milo factory to French dairy company Lactalis, and will use the proceeds to expand its Milo factory[Read More…]
IFF begins trading on the Tel Aviv Stock Exchange
“IFF is very excited and committed to continue Frutarom’s longstanding history as a major presence in Israel, both through our significant local operations and now with the listing of IFF shares on the Tel Aviv Stock Exchange,” International Flavors & Fragrances Inc. has announced that the Company has listed and[Read More…]
Lycored unites with Japanese chef for wise eating
Dr Hattori, President of the Hattori Nutrition College in Tokyo, is best known in Japan as a judge on the TV show, Iron Chef. Lycored has joined forces with Japanese “wise eating” campaigner Dr Yukio Hattori to encourage greater focus on wellness in the food industry. Dr Hattori, President of[Read More…]
Silkworm powder snacks to hit China market
Bella Pupa is made with 20% silkworm powder, and was created in collaboration with food and beverage think tank Mill Food Intelligence. Bugsolutely is set to release the world’s first snack product made with silkworm powder in China, and the brand claims that the snack is also the first edible[Read More…]
Nestlé Indonesia cuts down Milo sugar content
The new recipe has also increased the number of vitamins and minerals in the drink. Nestlé Indonesia has reformulated it Milo malt chocolate beverage and reduced its sugar content by 25%. According to Nestlé, the recipe change forms part of its commitment to provide healthier and tastier choices and meet[Read More…]
Coca-Cola Amatil opens $165m AUD plant
The site will be the exclusive Australian bottling and distribution centre for Coke’s glass bottles and it will also make Amatil’s Australian dairy range, including its Barista Brothers drinks. The Premier of Queensland, the Hon Annastacia Palaszczuk has officially opened a $165m expansion of the Coca-Cola Amatil bottling and warehouse[Read More…]
Fuji Oil strengthens position with new entity
Fuji Europe Africa BV will be responsible for creating new businesses based on its portfolio of plant-based solutions, including ingredients for meat analogs and highly functional ingredients. Japan’s Fuji Oil Group has announced the establishment of Fuji Europe Africa BV in the Netherlands as part of its mission to create[Read More…]