Schiff Nutrition acquires Airborne brand
SALT LAKE CITY — A leading provider of immune support products has become part of Schiff Nutrition.
Schiff announced that it acquired Friday the Airborne brand GF Capital Private Equity Fund LP in an all-cash transaction valued at $150 million, subject to certain adjustments. The company said the acquisition positions Schiff as a leader in the immune support segment.
"Schiff is focused on building premium brands and leading innovation," Schiff president and CEO Tarang Amin said. "Airborne is a strong brand and will make an excellent addition to Schiff’s portfolio, and we plan to leverage our science, innovation, marketing and sales capabilities to further its growth."
Airborne CEO Marti Morfitt said the brand has reestablished growth with a strong pipeline of new products and marketing programs and added that the transition to Schiff "[brings] great talent and resources to the business and share[s] our passion for building a leading immune support brand."
GSK advocates broadening scope of nicotine replacement therapy
PARSIPPANY, N.J. — GlaxoSmithKline Consumer Healthcare strongly supported efforts to inform smokers of the impact tobacco use has on the body, as well as effective ways to quit, during a congressional briefing Friday that was sponsored by Reps. Frank Pallone, D-N.J., and Tim Murphy, R-Pa.
The briefing, entitled "Understanding Smoking Addiction and How to Accelerate Quitting," addressed how to improve the nation’s policies and programs to help smokers become tobacco free.
"As the prevalence of quitting smoking in the United States continue to stall, more work must be done to reduce the level of tobacco dependence," GSK stated. "It is critically important that we advance the utilization of cessation options, like nicotine replacement therapy, and broaden the recommendations for its use to help more smokers quit. The current NRT label may be limiting for some smokers and they may have a better chance at quitting if they are able to personalize their approach and use multiple interventions."
MegaFood rolls out vegan dietary supplements
DERRY, N.H. — MegaFood announced its launch of a collection of certified vegan dietary supplements that’s designed to address the unique nutritional needs of someone following a plant-based diet.
The line, which includes Vegan Daily, Vegan-Ease, Vegan B12 and Vegan Protect, was certified as animal-free by The Vegan Society and also was recognized at Natural Products Expo West as one of this year’s best new lines of dietary supplements.
MegaFood said its vegan dietary supplements line will launch this April at retailers nationwide. For more information, visit MegaFood.com.