Dong-E-E-Jiao: H1 2024 Net Profit Grows

On August 21, Dong-E-E-Jiao (000423) released its semi-annual report for 2024, showing that the company achieved revenue of approximately USD 3.76 billion in the first half of the year, an increase of 26.8% year-on-year. The net profit attributable to shareholders reached approximately USD 100.9 million, a year-on-year increase of 39.03%. Source: Dong-E-E-Jiao Dong-E-E-Jiao Co., Ltd., … Read more

Mengniu’s Subsidiary Hongmo Biotech Receives FDA GRAS Certification for HMO

Recently, Hongmo Biotech (Shanghai) Co., Ltd., a subsidiary of Mengniu Group, achieved a significant milestone by obtaining the GRAS (Generally Recognized As Safe) certification from the U.S. Food and Drug Administration (FDA) for its independently developed human milk oligosaccharide (HMO) 2’-FL (2’-Fucosyllactose). This certification marks Hongmo Biotech as the first and currently the only Chinese … Read more

a2 Company: FY 2023-2024 Revenue Grows

On August 19, a2 Company released its financial report for the fiscal year 2023-2024 (ending on June 30, 2024). During the reporting period, total revenue grew by 5.2% to approximately NZD 1.676 billion. By region, revenue in China and other Asian markets increased by 14.1% to about NZD 1.143 billion, while revenue in the Australia … Read more

SciTop Biotech: H1 2024 Revenue

On August 21, according to the 2024 semi-annual report of SciTop Biotech, the company achieved a revenue of approximately USD 18.9 million in the first half of the year, a decrease of 1.34% year-on-year. The net profit reached approximately USD 5.95 million, an increase of 7.89% year-on-year. From a business segment perspective, in the first … Read more

South Korea Releases Draft Amendment to Regulations on Functional Ingredients and Standards for Health Functional Foods

On August 21, the South Korean Ministry of Food and Drug Safety (MFDS) issued Announcement No. 2024-386, proposing amendments to certain parts of the “Regulations on the Certification of Functional Ingredients and Standards for Health Functional Foods.” The key changes are as follows: A new provision is introduced regarding the return and handling of application … Read more

New Science Unlocks the True Potential of Krill Oil for Skin Health

Results from two randomized, double-blind, placebo-controlled, pilot studies show that krill oil supplementation strengthens skin barrier function and improves hydration and elasticity of the skin in healthy adults.  Oslo, August 22, 2024: Two new studies, published together in the Journal of Cosmetic Dermatology, show the positive effects on skin barrier function from krill oil supplementation. … Read more

Kerry Partnership with APC Microbiome Aims to Explore Gut-Brain Axis

The intersection of nutrition and science continues to break new ground as Kerry Group, a global leader in taste and nutrition solutions, partners with APC Microbiome Ireland, a world-renowned research center focused on microbiome science. This collaboration marks a significant step forward in understanding and leveraging the gut-brain axis—a complex system that plays a crucial … Read more

ChromaDex Secures U.S. Patent

One of the most robust forms of intellectual property protection, a composition of matter patent grants ChromaDex exclusive rights to the disodium salt form of NMNH LOS ANGELES–(BUSINESS WIRE)– ChromaDex Corp. (NASDAQ:CDXC), the global authority on nicotinamide adenine dinucleotide (NAD+) research with a focus on healthy aging, today announced the broadening of its NAD+ precursor intellectual property … Read more