Herb supplement sales up
This article was originally published in The Tan Sheet
U.S. sales of herbal dietary supplements in 2007 increased 4.4 percent over 2006, the American Botanical Council says in a May 27 release. Herbal supplement sales across all market channels reached nearly $4.8 billion in 2007, with $268 million of that derived from mainstream food, drug, and mass market retailers, according to data from Information Resources, Inc. ABC founder and Executive Director Mark Blumenthal says the boost in herbal sales indicates "these products are becoming more mainstream and less 'alternative' for millions of people." A full report on the industry data collected by IRI is in the Spring 2008 issue of ABC's journal, HerbalGram...
You may also be interested in...
Judge ordering permanent injunction against Confidence USA on a complaint filed in 2019 questioned FDA's calculations for requiring the firm to recall and destroy all products it had distributed since February 2018.
US FDA proposed increasing staffing and resources for both programs during the next user fee program cycle, but industry representatives did not believe it necessary.
Five Prime’s Phase III-ready bemarituzumab could offer significant revenue for Amgen, particularly in Asia, but analysts ask if the buyout is a precursor to greater deal making by Amgen.