Pharmavite
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Dietary supplements |
| Founded | 1971 |
| Founders | Henry Burdick, Barry Pressman |
| Headquarters | Northridge, California, United States[1] |
Key people | Jeffrey Boutelle (CEO) |
| Products | Nature Made |
| Parent | Otsuka Pharmaceutical |
| Website | Pharmavite.com |
Pharmavite is an American vitamin and supplement company, based in West Hills, California and founded in 1971 by Barry Pressman and Henry Burdick. Its Nature Made vitamin brand was launched that same year.[2] It was acquired by Otsuka Pharmaceutical in 1989.[3][4][5]
Pharmavite works with the United States Pharmacopeia's (USP) Dietary Supplements Verification Program on some of its products.[6] Jeff Boutelle is CEO of Pharmavite.[7]
History
[edit]In 1971, Pharmavite was founded in Los Angeles, California by entrepreneur Henry Burdick and pharmacist Barry Pressman, who felt “there was a better alternative to long term health than prescription drugs”.[4] Its brand Nature Made was also founded that year.[8]
In 1981, Pharmavite joined the Council for Responsible Nutrition (CRN).[4][9] Otsuka Pharmaceutical acquired Pharmavite in 1989.[3][5]
In 2014, Pharmavite acquired FoodState Inc, a maker of whole food supplements, sold under the MegaFood brand.[10]
Equelle, Pharmavite’s nonprescription, non hormonal supplement that alleviates hot flash frequency and muscle aches associated with menopause, was launched in 2019. The supplement relies on S-equol, an intestinal bacterial metabolite of isoflavone daidzein2 that binds to select estrogen receptors in the body.[11][12]
In 2020, Pharmavite launched Nurish by Nature Made, a personalized vitamin and supplement subscription service.[13]
Pharmaite acquired Uqora, a urinary tract health brand offering health supplements and UTI symptom relief products, and expanded its Women’s Health Business Unit in 2021.[14]
In 2022, Pharmavite launched Nature Made Wellblends, a line of scientifically-designed blends that target sleep, stress & immune health needs.[15][16]
In November 2023, Pharmavite acquired Bonafide Health, a menopause solutions company, for $425 million.[17]
Brands
[edit]- Nature Made[2]
- MegaFood[10]
- Equelle[11][12]
- Nurish by Nature Made[13]
- Uqora[14]
- Nature Made Wellblends[15][16]
Locations
[edit]Pharmavite has locations in San Fernando, Valencia (2 locations), Opelika, and New Albany.[18]
In 1987, the San Fernando, California facility opened. It is the primary facility for manufacturing tablets and softgels.[18]
The Opelika, Alabama manufacturing facility opened in 2013 and is now the main manufacturer of gummy vitamins for the company.[19][20] In 2021, there was an $8 million expansion of the facility.[21]
In 2023, Pharmavite broke ground on a new production facility in New Albany, Ohio. It is expected to begin production in 2024 and will be the site of Pharmavite’s Gummy Center of Excellence.[19]
References
[edit]- ^ "Pharmavite LLC Profile". Hoover’s. Retrieved 19 May 2017.
- ^ a b Jim Wagner (November–December 2001). "2001 Manufacturer of the Year". Nutritional Outlook.
- ^ a b Condon, Lee (26 September 2000). "Pharmavite Puts Energy Into Immediate Results". Los Angeles Times.
- ^ a b c "Who We Are". Pharmavite.
- ^ a b "Japanese pharmecutical giant acquires U.S. vitamin maker". UPI. December 27, 1988.
- ^ "Participating companies (US Pharmacopeia)". usp.org. Archived from the original on 2011-05-18.
- ^ Adi Menayang (July 24, 2017). "Pharmavite appoints Jeff Boutelle as new CEO". NutraIngredients.
- ^ "Our History". Nature Made.
- ^ Annette Dickinson (November 2007). "A PERSONAL HISTORY OF THE COUNCIL FOR RESPONSIBLE NUTRITION (CRN), 1973 TO 2007" (PDF). CRN.
- ^ a b "Pharmavite Acquires Whole Food Supplement Innovator FoodState". Mega Food. December 17, 2014.
- ^ a b Kristen Coppock (April 11, 2019). "New Supplement Aims to Provide Menopause Symptom Relief". Pharmacy Times.
- ^ a b David Salazar (April 15, 2019). "Pharmavite launches Equelle menopause symptom relief supplement". Drug Store News.
- ^ a b Danielle Masterson (May 17, 2021). "Nurish by Nature Made celebrates one year anniversary with makeover, new offerings". NutraIngredients.
- ^ a b David Salazar (July 8, 2023). "Pharmavite acquires urinary health brand Uqora". Drug Store News.
- ^ a b "Nature Made Introduces New Line of Wellblends Supplements". US Pharmacist. June 16, 2022.
- ^ a b "Nature Made Launches Wellblends Line of Supplements". Nutraceuticals World. April 14, 2022.
- ^ Burns, Emily (2023-11-30). "Pharmavite Acquires Bonafide Health for $425 Million". WWD. Retrieved 2023-12-04.
- ^ a b "Manufacturing". Pharmavite.
- ^ a b "Pharmavite Breaks Ground On $200M Ohio Manufacturing Facility". Business Facilities. April 27, 2023.
- ^ John West (February 10, 2023). "Pharmavite celebrates 10 years of growth in Opelika". OA News.
- ^ Alex Jones (March 19, 2021). "Pharmavite expanding, creating more jobs in Opelika". WTVM.
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