Rebecca Wright05.03.10
Research has been a big question mark for nutraceutical companies during the last decade for a variety of reasons—no financial incentives, no market protection, borrowing data is easier, etc. But finally, according to many experts, the industry is making progress, largely through the assistance of Contract Research Organizations (CROs).
Offering a bright view of the industry’s evolution, Gitte Jensen, research director, NIS Labs, Inc., Klamath Falls, OR, said today’s companies are dedicated to developing a serious research portfolio. And, despite increased regulatory action, she said, “Our clients are not afraid of exploring new concepts and I see a number of them setting new trends.”
As far as the industry report card goes, Ms. Jensen added, “I would give the industry an ‘A’ for progress, but a ‘B+’ to ‘B ’for where things stand right now. We need to protect the niche for complex foods and natural products
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