Vitamins, Diet and Sports Nutrition

NEWARK, N.J. — Inergetics on Tuesday announced it has entered into a strategic partnership with Terra Tech Corp, a fast-growing urban agricultural company, to jointly develop a line of natural cannibidiol-based nutritional supplements.

The strategic partnership will combine Inergetics' expertise in successfully developing and marketing innovative nutritional supplements that help consumers lead better and healthier lives with Terra Tech's agricultural expertise and established distribution network of dispensaries in medical cannabis markets.

WASHINGTON — The Council for Responsible Nutrition on Tuesday promoted Douglas “Duffy” MacKay to SVP scientific and regulatory affairs, effective immediately. This promotion recognizes the contributions MacKay has made to CRN in the science and regulatory areas since he joined the association in September 2008.

NEW YORK — The Wall Street Journal on Monday featured PharmaCare's Sambucol Black Elderberry product in an article titled, "Elderberry as a Flu Remedy." 

COLORADO SPRINGS, Colo. — The Global Market Development Center on Monday released a new whitepaper, “Amazon in Focus: Overview,” which summarizes an analysis of Amazon’s business model, presented by Keith Anderson, VP and senior analyst at RetailNet Group, in a GMDC* Connect Videocast.

ST. LOUIS — Post Holdings on Monday announced it has agreed to acquire the PowerBar and Musashi brands and related worldwide assets from Nestlé S.A.

NEW YORK — Nielsen Holdings on Monday announced that it has completed the tender offer by Nielsen and its wholly owned subsidiary, Prime Acquisition Corp., to acquire all outstanding shares of common stock of Harris Interactive, a global market research firm. Nielsen expects to complete the acquisition of Harris through a merger under Delaware law. Upon the completion of the merger, Harris Interactive will become a wholly owned subsidiary of Nielsen and its shares will cease to be traded on the NASDAQ Stock Market.

NEW YORK — The National Advertising Division has referred to the Federal Trade Commission advertising claims made by Brain Research Labs, for Procera AVH, following the company’s failure to abide by the terms of an NAD decision.

In an underlying 2009 decision, NAD recommended that the advertiser discontinue a wide range of claims and testimonials for Procera AVH, including the unqualified claim that Procera AVH was “clinically shown to restore the memory and brain power you had 10-15 years ago" and claims that the product is “fast-acting.”

DALLAS — MarketsandMarkets projects the nutraceutical ingredient market will grow from $23.8 billion in 2013 to $33.6 billion in 2018, with a compound annual growth rate of 7.2%, according to a report released Tuesday.