Spectrum Organic Products Inc. announced the signing of a definitive agreement pursuant to which The Hain Celestial Group Inc. will acquire the stock of Spectrum.
Betting that the appeal of nutraceuticals will grow, convenience store chain 7-Eleven Inc. is launching Formula 7, a proprietary line of functional foods and beverages.
On August 29, Hurricane Katrina, a category 4 storm with winds exceeding 130 miles per hour and a storm surge of well over 25 feet, slammed into the U.S. Gulf Coast. Its impact upon all industries has been enormous.
FDA commissioner Dr. Lester M. Crawford announced the appointment of Rear Admiral Linda R. Tollefson to the position of assistant commissioner for Science.