HERBALIFE LTD. CORAL SPRINGS, Florida, March 2, 2015 /PRNewswire/ --
Cutting-edge biotech & nutraceutical products, science-based pharmaceuticals and healthy whole food nutrition products reveal technological advancements are in growing demand for treatments of lifestyle related disorders such as hyperglycemia, obesity, insulin level issues and other serious illnesses and health concerns. Nutraceutical and Biotech Companies in focus today are: RiceBran Technologies (NASDAQ: RIBT), Amira Nature Foods Ltd. (NYSE: ANFI), CEL-SCI Corporation (NYSE: CVM), Mondelez International, Inc. (NASDAQ: MDLZ) and Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC).
RiceBran Technologies (NASDAQ: RIBT) and (RIBTW) ("RBT"), a global leader in the production and marketing of value added products derived from rice bran, today announced the release of a claims substantiation analysis of the health benefits of RBT's proprietary rice bran based ingredients conducted by Medicus Research. RBT contracted Medicus Research, the premier contract research organization for the Dietary Supplement, Functional Foods and Botanical Drug industries, to perform a comprehensive analysis of independent studies conducted on behalf of RBT to substantiate numerous important health claims for its proprietary and process patented rice bran derivatives and products.
Read the full RIBT Press Release at: http://www.financialnewsmedia.com/profiles/ribt.html
The research from Medicus substantiates that RBT's RiBran(TM) and RiSolubles(R) products reduce hyperglycemia; improves insulin levels and insulin sensitivity; and increases adiponectin levels. The research also cites scientific evidence indicating that the Company's RiFiber(TM) product reduces total cholesterol, LDL cholesterol and triglycerides; reduces absorption of cholesterol; and reduces plasma lipid and lipoprotein cholesterol. The full report as well as links to clinical study findings can be found on RBT's home page at http://www.ricebrantech.com.
W. John Short, CEO & President of RBT commented, "As the consumer package goods industry focuses billions of dollars on healthy whole food nutrition, the ability to provide ingredients that can result in important front of label claims for these new products differentiates RBT from our competitors. Medicus Research is widely considered to be the leading provider of research and clinical trials for healthy, natural products and functional foods. We are excited that the team at Medicus has substantiated the health benefits of our rice bran based products. We plan to pursue additional studies with Medicus going forward."
In Biotech and Nutraceutical news and developments: Amira Nature Foods Ltd. (NYSE: ANFI), a leading global provider of branded packaged Indian specialty rice, will be showcasing a new organic range of rice at the Natural Products Expo West on March 6-8th in the United States, presented alongside a variety of flagship Amira products. Amira will have their new organic and natural dry rice range products on display at booth #5005 in Hall E of the Anaheim Convention Center. Amira will also have a variety of rice dishes to sample, as well as celebrity chef guest appearances at their booth to create an authentic Amira experience. Celebrity Chef Daniel Shemtob, founder of the Lime Truck and winner of the Food Network's The Great Food Truck Race, will make guest appearances at Amira's booth to share his tricks of the trade and culinary advice on creating inventive ready-to-eat dishes using Amira products.
CEL-SCI Corporation (NYSE: CVM) recently announced the Ministry of Health of the Republic of Belarus has cleared the Company to commence patient enrollment for its Phase III head and neck cancer trial of its investigational cancer immunotherapy treatment Multikine* (Leukocyte Interleukin, Injection). Belarus is the 21th country to approve CEL-SCI's Phase III trial. "This means that CEL-SCI has now reached a key milestone in this pivotal Phase III clinical trial, receiving clearance in the planned 20 countries in addition to the United States. Well over 10 countries have been added to the study since we dismissed the prior clinical research organization (CRO). With the very large increase in enrollment in the study under the new CRO, we now also see strong interest from doctors and clinical centers in other countries too. Therefore, we are working on further expanding this global trial beyond the 21 countries in which we are already cleared to conduct the study. We expect that expanding the geography of the trial will yet further accelerate patient recruitment," stated CEL-SCI Chief Executive Officer Geert Kersten.
Mondelez International, Inc. (NASDAQ: MDLZ) announced that, as part of its ongoing efforts to further focus its portfolio on snacking products, it has reached an agreement to sell its 50 percent interest in Ajinomoto General Foods, Inc. (AGF) to its joint venture partner, Ajinomoto Co., Inc. AGF manufactures and sells instant, ground and liquid coffee products as well as other beverages in Japan under brands mainly licensed by Mondelez International, including Blendy and Maxim. In May 2014, Mondelez International announced its intention to combine its coffee business with D.E Master Blenders 1753 to create the world's leading pure-play coffee company, to be named Jacobs Douwe Egberts (JDE). As part of this, Mondelez International's Japan joint-venture partner, Ajinomoto, was invited to join JDE. During these discussions, Ajinomoto expressed a strong interest in acquiring Mondelez International's shares in AGF.
On February 18, 2015, the Board of Directors of Cyclacel Pharmaceuticals, Inc. (NASDAQ:CYCC) declared a quarterly cash dividend in the amount of $0.15 per share on the Company's 6% Convertible Exchangeable Preferred Stock. The cash dividend will be payable on May 1, 2015 to the holders of record of the Preferred Stock as of the close of business on April 17, 2015. The Board considered numerous factors in determining whether to declare the quarterly dividend, including the requisite financial analysis and determination of a surplus. While the Board will analyze the advisability of the declaration of dividends in future quarters, there is no assurance that future quarterly dividends will be declared. CYCC closed up over 37% on Friday at $1.50 per share on over 24Mil shares by the market close.
In other business news and events: Shares of Herbalife Ltd. (NYSE: HLF) plunged by nearly 11% on Friday as investors digested the company's dimmer outlook for 2015. The company released its fourth quarter earnings after markets closed on Thursday. Going into the earnings announcement, investors appeared focused on whether the company could meet its own earnings projections. It did, posting adjusted earnings of $1.41 per share. Read the full report at http://www.forbes.com/sites/nathanvardi/2015/02/27/herbalife-shares-plunge-nearly-11-on-grim-2015-outlook/?utm_campaign=yahootix&partner=yahootix
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