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User:MatthewBurton/Pharmavite

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Pharmavite, LLC
Company typeLLC
IndustryDietary supplements
FoundersHenry Burdick, Barry Pressman
HeadquartersNorthridge, California, United States
ProductsNature Made, SOYJOY
ParentOtsuka Pharmaceutical Co.
WebsitePharmavite.com

Pharmavite, LLC is a dietary supplements company based in Northridge, California. The company is the maker of Nature Made, a line of vitamins and nutritional supplements, and SOYJOY, an energy bar made from soy and fruit. As of 1994, Nature Made products were the top-selling brand of vitamins in the United States.[1]

History

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Pharmavite was founded in 1971 by Henry Burdick and Barry Pressman. The Nature Made vitamin brand was launched the following year.[2] The company was purchased in 1989 by Japanese pharmaceutical company Otsuka.[3] As of 2001, Pharmavite's annual revenue was estimated at $350-$450 million.[2]

Product quality and regulation

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Pharmavite's vitamins and supplements product line participates[4] in the United States Pharmacopeia's (USP) Dietary Supplements Verification Program, which verifies the "quality, purity and potency" of dietary supplements through facility audits and random off-the-shelf product testing.[5]

Pharmavite products have been used in completed and ongoing clinical trials to test the role of dietary supplements in treating ailments, preventing disease and reducing nutrient deficiencies. [6] [7]

References

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  1. ^ Leslie Miller (May 26, 1994). "Vitamin maker adopts quality assurance code". USA Today.
  2. ^ a b Jim Wagner (November/December 2001). "2001 Manufacturer of the Year". Nutritional Outlook. {{cite magazine}}: Check date values in: |date= (help); Cite magazine requires |magazine= (help)
  3. ^ "Company Profile from Hoover's". Retrieved July 7, 2010.
  4. ^ "Participating companies (US Pharmacopeia)".
  5. ^ "USP Verified Dietary Supplements". United States Pharmacopeia. Retrieved July 7, 2010.
  6. ^ "Vitamin E May Help Treat Liver Disease". CBS News. April 29, 2010. Retrieved July 7, 2010.
  7. ^ "Fish oil, vitamin D to be scrutinized in big study". MSNBC. June 22, 2009. Retrieved July 7, 2010.