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New kid on the block

This article was originally published in The Tan Sheet

Executive Summary

Dynova Laboratories enters the supplement market with the acquisition of SiCaps Industries and its capsaicin-based Sinus Buster brand products. Parsippany, N.J.-based Dynova, backed by the private equity fund Aisling Capital, looks to provide clinical, marketing, packaging and sales support to "novel" dietary supplement products and ingredients with "unique delivery" and "compelling claims," according to Dynova's Web site. The firm led by former Novartis OTC business executives Lynne Millheiser-Swanbeck and Jeff Vernimb, and by Jennifer Cooper, formerly with Twin Laboratories and Solgar...

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