Sun Pharmaceutical Industries is all set to buy Ranbaxy Laboratories for $3.2 billion all-share deal thus creating the fifth-largest generic drug maker. Both the firms are struggling with quality issues in the United States market.Ranbaxy
Global dairy leader Fonterra launched China-New Zealand Dairy Exchange Centre in Beijing. The centre is a joint initiative between Fonterra and China’s National Dairy Industry and Technology System to support the sustainable development of the
Kraft Foods, an American grocery manufacturing and processing conglomerate headquartered in the Chicago has announced it is taking an artificial preservative, sorbic acid out of some of its individually wrapped Kraft Singles slices. It is
Nestle had announced that it has sold its premium sports nutrition business under the PowerBar and Musashi brands to Post Holdings, a US based consumer packed goods holding company. Nestlé’s premium sports nutrition business operates
Cargill announced that it will idle soybean processing activities at its facility in Raleigh later this spring. Cargill will continue to operate the Raleigh elevator as a viable market for soybeans, purchasing soybeans from area
Nestle UK & Ireland has created a “reminiscence pack” featuring wrappers and packaging from its confectionery archive to help trigger happy recollections among those with dementia or memory problems. The project was sparked by requests
The Hershey North American manufacturer of quality chocolate and non-chocolate confectionery and chocolate-related grocery products has announced that 18% of all the cocoa the company sourced globally in 2013 was certified, nearly double the company’s
American adults are eating better, making better use of available nutrition information, and consuming fewer calories coming from fat and saturated fat, consuming less cholesterol and eating more fiber, says a new report from the
Croda Health Care has become the first omega-3 fish oil supplier to achieve the 5-Star International Fish Oil Standards (IFOS) Supplier Certification for their full range of Incromega brand fish oil concentrates. Nutrasource Diagnostics Inc.
Kellogg’s, the world’s leading cereal company has announced a new initiative in India, “Kellogg’s Breakfast Pledge” to build nationwide awareness on the importance of eating breakfast every day. This initiative comes soon after the company