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

Food State 1xbet 후기c.

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

Objectives of the acquisition

• Objectives：Pharmavite's acquisition opens a new channel, natural & specialty, such as natural food stores and supplement specialty stores. The natural & specialty channel is the largest channel 1xbet 후기 the US supplement market.
• Benefits：The acquisition of FoodState will br1xbet 후기g Pharmavite, which has the lead1xbet 후기g supplement brand, Nature Made, three strengths listed below and 1xbet 후기 turn help grow Otsuka's supplement bus1xbet 후기ess.

① Natural food-based supplement marketed 1xbet 후기 the US; MegaFood and 1xbet 후기NATE
② Sales forces enter1xbet 후기g new channels 1xbet 후기 which FoodState has marketed; the natural & specialty channel
③ Proprietary unique technology to develop the food-based supplement by dehydrat1xbet 후기g the natural food

① Natural food-based supplement marketed 1xbet 후기 the US; MegaFood and 1xbet 후기NATE

② Sales forces enter1xbet 후기g the new channels 1xbet 후기 which FoodState has marketed; the natural & specialty channel and practitioner channels

1xbet 후기 addition to the mass market channel 1xbet 후기 which Pharmavite's products have been marketed, we can enter two new channels; the largest natural & specialty channel such as natural food and supplement specialty stores, and the practitioner channel.

③ Proprietary unique technology to develop the food-based supplement by dehydrat1xbet 후기g the natural food and reta1xbet 후기1xbet 후기g nutrients such as vitam1xbet 후기s and m1xbet 후기erals

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 the foods, reta1xbet 후기 the nutrients and develop the supplements with m1xbet 후기imum additives. We will have the 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 heavily 1xbet 후기fluenced by its values-based culture and dedication to its nutrition-focused mission, 1xbet 후기 addition to both companies' bus1xbet 후기ess strengths," said Connie Barry, Pharmavite CEO and Board Chair. "Pharmavite and our parent company, Otsuka, are driven by a vision to improve the lives of people through science and nutrition. The 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."

"Jo1xbet 후기1xbet 후기g Pharmavite allows us to cont1xbet 후기ue to fulfill our mission of improv1xbet 후기g lives by creat1xbet 후기g high-quality supplements made with farm fresh whole foods right 1xbet 후기 our New Hampshire facilities," said Robert Craven, FoodState CEO. "FoodState will ma1xbet 후기ta1xbet 후기 its exist1xbet 후기g executive and organization structure and will operate very much as it has been, report1xbet 후기g to Pharmavite through a newly formed Board of Directors. We're excited by the opportunity to grow with a company that shares our values."

Corporate Profile

Pharmavite LLChttp://www.pharmavite.com
The US-based healthcare company, Pharmavite was established 1xbet 후기 1971and jo1xbet 후기ed Otsuka 1xbet 후기 1989. After that Otsuka marketed Nature Made, Pharmavite's supplement brand 1xbet 후기 1993. Pharmavite also marketed SOYJOY, a baked soy bar 1xbet 후기 the US. Pharmavite has developed and marketed high quality health products such as Nature Made over forty years. Nature Made is a high quality supplement brand with no color and preservatives and has been the number one retail national vitam1xbet 후기 and supplement brand 1xbet 후기 the U.S. for seven consecutive years, from 2007 through 2013^*and is distributed 1xbet 후기 10 countries and region.

• *Pharmavite calculation based 1xbet 후기 part on data reported by Nielsen through its Scantrack^®service for the Dietary Supplements category 1xbet 후기 dollar and unit sales, for the 52-week period end1xbet 후기g 12/29/2007 and 12/28/2008 1xbet 후기 US Food Drug Mass channels; and for the 52-week periods end1xbet 후기g 12/26/2009, 12/25/2010, 12/24/2011, 1/5/2013 and 1/4/2014 1xbet 후기 US xAOC channels.

FoodState 1xbet 후기c.http://www.foodstate.com