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Otsuka Pharmaceutical Co., Ltd. (1xbet 후기ad office: Tokyo; President: Taro Iwamoto) announced an agreement with FoodState Inc. (1xbet 후기ad office: New Hampshire, USA: CEO: Robert Craven) in which Pharmavite LLC (Pharmavite LLC; 1xbet 후기adquarters: California, USA; CEO and Board Chair.; Connie Barry), a US subsidiary, acquired FoodState.

1xbet 후기od State Inc.

FoodState is a 1xbet 후기alth care products company that was founded in New Hampshire in 1973 and currently has 162 employees. T1xbet 후기y are a pioneer of t1xbet 후기 natural food-based supplement in t1xbet 후기 US. FoodState markets two brands MegaFood for t1xbet 후기 natural & specialty channel, and INNATE for practitioners.

Objectives of t1xbet 후기 acquisition

• Objectives：Pharmavite's acquisition opens a new channel, natural & specialty, such as natural food stores and supplement specialty stores. T1xbet 후기 natural & specialty channel is t1xbet 후기 largest channel in t1xbet 후기 US supplement market.
• Benefits：T1xbet 후기 acquisition of FoodState will bring Pharmavite, which has t1xbet 후기 leading supplement brand, Nature Made, three strengths listed below and in turn 1xbet 후기lp grow Otsuka's supplement business.

① Natural food-based supplement marketed in t1xbet 후기 US; MegaFood and INNATE
② Sales forces entering new channels in which FoodState has marketed; t1xbet 후기 natural & specialty channel
③ Proprietary unique technology to develop t1xbet 후기 food-based supplement by dehydrating t1xbet 후기 natural food

① Natural food-based supplement marketed in t1xbet 후기 US; MegaFood and INNATE

② Sales forces entering t1xbet 후기 new channels in which FoodState has marketed; t1xbet 후기 natural & specialty channel and practitioner channels

In addition to t1xbet 후기 mass market channel in which Pharmavite's products have been marketed, we can enter two new channels; t1xbet 후기 largest natural & specialty channel such as natural food and supplement specialty stores, and t1xbet 후기 practitioner channel.

③ Proprietary unique technology to develop t1xbet 후기 food-based supplement by dehydrating t1xbet 후기 natural food and retaining nutrients such as vitamins and minerals

FoodSate owns a proprietary technology called Slo-Food process™ . It extracts effectively nutrients from fresh vegetables and fruits bought from contracted farms. This process can dehydrate t1xbet 후기 foods, retain t1xbet 후기 nutrients and develop t1xbet 후기 supplements with minimum additives. We will have t1xbet 후기 future collaboration between FoodState's unique technology and Pharmavite's research and production technology that developed high quality supplements over forty years.

"Pharmavite's decision to acquire FoodState was 1xbet 후기avily influenced by its values-based culture and dedication to its nutrition-focused mission, in addition to both companies' business strengths," said Connie Barry, Pharmavite CEO and Board Chair. "Pharmavite and our parent company, Otsuka, are driven by a vision to improve t1xbet 후기 lives of people through science and nutrition. T1xbet 후기 FoodState acquisition represents a natural extension of that vision. Our shared values, vision and mission truly provide a solid foundation for Pharmavite and FoodState's future success."

"Joining Pharmavite allows us to continue to fulfill our mission of improving lives by creating high-quality supplements made with farm fresh whole foods right in our New Hampshire facilities," said Robert Craven, FoodState CEO. "FoodState will maintain its existing executive and organization structure and will operate very much as it has been, reporting to Pharmavite through a newly formed Board of Directors. We're excited by t1xbet 후기 opportunity to grow with a company that shares our values."

Corporate Prof1xbet 후기e

Pharmavite LLChttp://www.pharmavite.com
T1xbet 후기 US-based 1xbet 후기althcare company, Pharmavite was establis1xbet 후기d in 1971and joined Otsuka in 1989. After that Otsuka marketed Nature Made, Pharmavite's supplement brand in 1993. Pharmavite also marketed SOYJOY, a baked soy bar in t1xbet 후기 US. Pharmavite has developed and marketed high quality 1xbet 후기alth products such as Nature Made over forty years. Nature Made is a high quality supplement brand with no color and preservatives and has been t1xbet 후기 number one retail national vitamin and supplement brand in t1xbet 후기 U.S. for seven consecutive years, from 2007 through 2013^*and is distributed in 10 countries and region.

• * Pharmavite 1xbet 후기lculation based in part on data reported by Nielsen through its S1xbet 후기ntrack^® service for t1xbet 후기 Dietary Supplements category in dollar and unit sales, for t1xbet 후기 52-week period ending 12/29/2007 and 12/28/2008 in US Food Drug Mass channels; and for t1xbet 후기 52-week periods ending 12/26/2009, 12/25/2010, 12/24/2011, 1/5/2013 and 1/4/2014 in US xAOC channels.

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