Pharmactive, Nutraconnect partner up for Asia Pacific ingredient business
Nutraconnect will help expand reach of Pharmactive’s ingredients in Asia Pacific.
Photo © iStockphoto.com
Botanical extract ingredient supplier Pharmactive Biotech Products S.L.U. (Madrid) has forged a strategic partnership with Singapore-based Nutraconnect Pte Ltd., which will help bring Pharmactive’s ingredients to the Asia-Pacific marketplace, excluding Australia and New Zealand.
Nutraconnect Pte Ltd. will connect Pharmactive “with local and regional nutraceutical players seeking high-quality, pure ingredients,” says a Pharmactive press release.
Pharmactive’s Founder and CEO Jean-Marie Raymond commented: “Asia is a tremendous growth hub for Pharmactive. We already have had success in Korea, Japan, Vietnam, and Malaysia with Affron pure saffron extract and Aged Black Garlic (ABG+). Many Asian industry players, formulators, and brand owners approach us about new compounding formats or innovative product concepts to cross the nutraceutical/functional food and beverage divide. Asia is clearly the frontrunner in terms of new ingredient concepts."
Senate Committee has released the text of 2024 Farm Bill, with changes to hemp regulations
November 19th 2024The U.S. Senate Committee on Agriculture, Nutrition, & Forestry has introduced the Rural Prosperity and Food Security Act, which will serve as the Senate’s draft for the 2024 Farm Bill.
