Pharmavite

Pharmavite
Pharmavite, LLC
Type Subsidiary
Industry Dietary supplements
Headquarters Northridge, California, United States
Products Nature Made, SOYJOY
Parent Otsuka Pharmaceutical Co.
Website Pharmavite.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, a snack 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

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

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

  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. 
  3. ^ "Company Profile from Hoover's". http://www.hoovers.com/company/Pharmavite_Llc/ryxhhif-1.html. Retrieved July 7, 2010. 
  4. ^ "Participating companies (US Pharmacopeia)". http://www.usp.org/USPVerified/dietarySupplements/companies.html. 
  5. ^ "USP Verified Dietary Supplements". United States Pharmacopeia. http://www.usp.org/USPVerified/dietarySupplements. Retrieved July 7, 2010. 
  6. ^ "Vitamin E May Help Treat Liver Disease". CBS News. April 29, 2010. http://www.cbsnews.com/stories/2010/04/29/health/main6443900.shtml. Retrieved July 7, 2010. 
  7. ^ "Fish oil, vitamin D to be scrutinized in big study". MSNBC. June 22, 2009. http://www.msnbc.msn.com/id/31491531/ns/health-diet_and_nutrition. Retrieved July 7, 2010.