Vitamins

Herbalife Initiates Process to Refinance 2018 Term Loan B

Retrieved on: 
Vendredi, mars 22, 2024

Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced the initiation of a refinancing process for its 2018 Term Loan B, which matures in August 2025.

Key Points: 
  • Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced the initiation of a refinancing process for its 2018 Term Loan B, which matures in August 2025.
  • As of December 31, 2023, $650.6 million was outstanding under the Term Loan B.
  • The previously announced refinancing of the Company’s 2018 Term Loan A and 2018 Revolving Credit Facility is ongoing.
  • Overall, the Company is targeting $1.2 billion of secured financing and a $400 million revolving credit facility to repay the Term Loan A, Term Loan B and revolving credit facility, as well as a portion of the 2025 Senior Notes.

Blueshift Nutrition to Supply their Innovative Superblends to Xponential Fitness Brands, Powering Workouts and Wellness Across their Leading Fitness Brands

Retrieved on: 
Mardi, mars 19, 2024

Blueshift is excited to offer its innovative drinkable supplements to help studio members get the most from their workouts while also supporting general wellness goals.

Key Points: 
  • Blueshift is excited to offer its innovative drinkable supplements to help studio members get the most from their workouts while also supporting general wellness goals.
  • Awards included Favorite Sports Nutrition Product (Blueshift Electrolyte), Best New Supplement (Blueshift Turmeric), and Favorite Functional Beverage (Blueshift Sleep).
  • A comprehensive selection of Blueshift Superblends is now available at participating Xponential studio locations, ranging from their performance offerings to wellness solutions like sleep, energy, immunity, skin support, and more.
  • Paal Gisholt, CEO of Blueshift Nutrition, expressed enthusiasm about the partnership, saying, “We are thrilled to be partnering with Xponential to bring our Superblends to their diverse community of fitness enthusiasts in the United States.

Herbalife Announces CFO Transition; Initiates Guidance for First Quarter and Full-Year 2024

Retrieved on: 
Mercredi, mars 20, 2024

Included in the full-year 2024 guidance is approximately $40 million of savings from a new organizational redesign project the Company began reviewing in January 2024.

Key Points: 
  • Included in the full-year 2024 guidance is approximately $40 million of savings from a new organizational redesign project the Company began reviewing in January 2024.
  • This project, which is separate from Herbalife’s Transformation Program, will bring leadership closer to the markets, streamline the organization and accelerate productivity.
  • The Company expects to deliver at least $80 million of run rate savings from this project beginning in 2025.
  • “I’m honored to return to my role as CFO,” said John DeSimone, Chief Financial Officer.

Immunis Publishes Research Showing Secretomes Improve Metabolism and Muscle While Reducing Fat in Aged Models

Retrieved on: 
Mardi, mars 19, 2024

The study, published in Aging Cell, is entitled “ Stem cell secretome-treatment improves whole-body metabolism, reduces adiposity and promotes skeletal muscle function in aged mice .” The research examines the effects of Immunis’ investigational secretome on metabolism, fat and skeletal muscle in aged mouse models.

Key Points: 
  • The study, published in Aging Cell, is entitled “ Stem cell secretome-treatment improves whole-body metabolism, reduces adiposity and promotes skeletal muscle function in aged mice .” The research examines the effects of Immunis’ investigational secretome on metabolism, fat and skeletal muscle in aged mouse models.
  • As we age, our metabolic health declines and commonly manifests as obesity, muscle atrophy, and reduced physical function.
  • Dr. Drummond’s independent research in aged mouse models shows that Immunis’ immunotherapy, IMMUNA, increases whole-body lean mass and reduces fat mass, while increasing muscle fiber area.
  • Muscle quality improved such that there was an increase in muscle ‘stem’ cells, enhanced collagen turnover, more blood vessels and decreased muscle fat.

Anthem Blue Cross and Blue Shield Foundation Awards $11 Million to Community Partners in New York

Retrieved on: 
Vendredi, mars 15, 2024

Anthem Blue Cross and Blue Shield Foundation continued its critical work to measurably improve health and strengthen local communities in 2023.

Key Points: 
  • Anthem Blue Cross and Blue Shield Foundation continued its critical work to measurably improve health and strengthen local communities in 2023.
  • “Our Foundation strives to improve the health of humanity by addressing health inequities and strengthening our communities in New York.
  • Our strategy underscores this commitment by focusing on partnerships and programs that aid the health of the socially vulnerable,” said Victor DeStefano, President of Anthem Blue Cross and Blue Shield in New York.
  • Other Anthem Blue Cross and Blue Shield Foundation grant recipients last year included: American Heart Association, Project Renewal, Gay Men’s Health Crisis, Community Access, and Tent Ministries.

Nature Made® Announces Great Race Title Sponsorship

Retrieved on: 
Jeudi, mars 14, 2024

Nature Made, the leading national vitamin and supplement broadline brand with over 50 years of delivering high-quality products backed by science has joined the Great Race as the title sponsor.

Key Points: 
  • Nature Made, the leading national vitamin and supplement broadline brand with over 50 years of delivering high-quality products backed by science has joined the Great Race as the title sponsor.
  • Now named The Nature Made® Great Race, this year’s event will take place on April 13 with more information available at https://www.greatrace.run/ .
  • “The Nature Made team is proud to be back at the Great Race this year as the title sponsor,” said Ali Kamen, Manager of Wellness & Engagement at Pharmavite.
  • “The Great Race has become a part of the fabric of our community, and we are deeply grateful to Nature Made for supporting us as title sponsor this year,” said Traci Greenberg, Race Director at the Great Race.

McKesson Invites Community Pharmacists to Push the Industry Forward, Together

Retrieved on: 
Jeudi, mars 14, 2024

The annual event is the destination for community pharmacists to come together to strengthen the overall health of pharmacy and elevate the role they play in people’s lives.

Key Points: 
  • The annual event is the destination for community pharmacists to come together to strengthen the overall health of pharmacy and elevate the role they play in people’s lives.
  • McKesson ideaShare will culminate by celebrating the Health Mart Pharmacy of the Year ahead of a closing concert headlined by Harry Connick, Jr.
    “New Orleans is known for its strength and resilience as is our community pharmacy industry.
  • McKesson ideaShare’s collaborative environment will celebrate our industry while addressing key challenges head-on,” said Scott Miller, president, Strategic, Community, and Specialized Pharmacy, McKesson.
  • This exclusive benefit is extended on behalf of McKesson to support independent pharmacy success in local communities across the U.S.

Mannatech Announces Retirement of Alfredo Bala and Promotion of Landen Fredrick to President and CEO

Retrieved on: 
Mercredi, mars 13, 2024

Mannatech, Incorporated (NASDAQ: MTEX ) reported that Alfredo (Al) Bala, announced his retirement as the company’s CEO effective April 1, 2024.

Key Points: 
  • Mannatech, Incorporated (NASDAQ: MTEX ) reported that Alfredo (Al) Bala, announced his retirement as the company’s CEO effective April 1, 2024.
  • J. Stanley Fredrick, Chairman of the Board of Mannatech, Incorporated stated, “Al will continue to serve the company as an advisor focused on customer acquisition and sales growth.
  • This transition enables Al to work more closely with our associates in the field which has always been his first love.
  • Landen’s succession to the CEO position was made possible by Al’s mentorship over the past few years where Landen served as President and Chief Operating Officer.

Nature Made® Introduces Zero Sugar‡ Gummies to Help Even More Consumers Incorporate Vitamin & Supplement Solutions into Their Wellness Routines

Retrieved on: 
Mardi, mars 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312721557/en/
    "As demand for more personalized, sensory-forward consumption options continues to grow within the vitamin and supplement space – and sugar-free options remain top-of-mind for consumers in every aisle – Nature Made Zero Sugar‡ Gummies makes the industry’s most popular form more accessible to consumers with varying nutritional preferences,” says Rhonda Hoffman, Chief Growth Officer at Nature Made.
  • Comprised of five core offerings curated to reflect the need states most relevant to current consumer priorities – Nature Made Zero Sugar‡ Multivitamin Gummies, Nature Made Zero Sugar‡ Vitamin C Gummies, Nature Made Zero Sugar‡ Vitamin D3 Gummies, Nature Made Zero Sugar‡ B-12 Gummies, and Nature Made Zero Sugar‡ Melatonin Gummies – the assortment provides nutrients to support immune and bone health, cellular energy, sleep, and overall wellbeing in a variety of flavors †.
  • Nature Made Zero Sugar‡ Gummies are now available at NatureMade.com/ZeroSugar , with Amazon, Target, Walgreens, and other major retailers nationwide rolling out the assortment in the coming weeks and months.
  • To check availability and learn more about Nature Made, please visit NatureMade.com.