Industry News: Twinlab Into Resveratrol, Hi-Tech Buys LG Brands
This article was originally published in The Tan Sheet
Consent decree for Iowa Select; Hi-Tech extends into sports nutrition with LG brands; NBTY adds another Coca-Cola exec to its top management; and more news in brief.
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Dr. Pepper Snapple and PepsiCo purchase functional beverage brands Bai Brands and KeVita, respectively, to position for growth in the booming healthy drink segment, which is outpacing soda sales growth.
According to FDA's latest report on recalls, Iowa Select Herbs in September began recalling 104 supplement products, including some herbals in standard and alcohol-free varieties, two years after FDA found drug claims for its products and GMP violations at its facility.