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NBTY takes home two Golden Bridge Awards

BY Michael Johnsen

RONKONKOMA, N.Y. — NBTY on Monday announced that the supplement manufacturer had received two Gold level national awards at a ceremony hosted by the Golden Bridge Awards. NBTY took home the gold award for Corporate Social Responsibility Program of the Year and Employee Communications Campaign of the Year.
 
NBTY’s award for Corporate Social Responsibility Program of the Year was in acknowledgment of more than $7 million in donations of vitamins and supplements from brands such as Nature’s Bounty and Sundown Naturals, nutrition bars on behalf of brands like MET-Rx and Pure Protein, and monetary contributions from NBTY’s charitable organization, NBTY Helping Hands. Donations went to more than 30 charitable organizations both within and outside the U.S.
 
The Gold Award for Employee Communications Campaign of the Year was for the company’s Global Walk to Wellness, a virtual “walk around the world. Involving thousands of its global Associates, the goal of the campaign was to, as one team, collectively walk enough steps to circle the world, going office to office, and encourage camaraderie and fitness. In total, almost 3,000 team members collectively covered 136,241 miles.
 
“Our Associates play such a large and important role in our company initiatives, from our global corporate giving to our team-focused activities that build culture,” stated Karla Packer, SVP Human Resources. “Being awarded two gold-level awards for actions that both positively impact our corporate culture and improve the health and wellness of others is an honor and a validation of our wellness mission.”
 
The annual Golden Bridge Awards program encompasses the world’s best in organizational performance, innovations, products and services, executives and management teams, women in business and the professions, innovations, case studies, product management, public relations and marketing campaigns, and customer satisfaction programs from every major industry in the world. More than 40 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2014 Golden Bridge Business Awards winners.
 
 
 
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Designer Anabolic Steroid Control Act of 2014 passes House, supported by supplement industry

BY Michael Johnsen

WASHINGTON — The Council for Responsible Nutrition on Monday praised the U.S. House of Representatives for its passage of the Designer Anabolic Steroid Control Act of 2014 (H.R. 4771), introduced by Reps. Joe Pitts, R-Pa., and Frank Pallone, D-N.J.
 
H.R. 4771, the companion bill to S. 2012 that was introduced in the Senate earlier this year, would give the Drug Enforcement Administration additional authority to identify and quickly respond when new designer anabolic steroids are falsely marketed as dietary supplements. CRN has been highly engaged in bipartisan discussions with legislators in both the House of Representatives and the Senate, emphasizing the importance of DASCA to consumers and responsible industry alike. 
 
“CRN thanks Reps. Pitts and Pallone for their leadership in promoting DASCA among their House colleagues and congratulates the House of Representatives on passage of this important bill,” stated Mike Greene, VP government relations, CRN. “If DASCA is passed by Congress and signed into law by the president, DEA’s enhanced authority would help protect consumers from illegal products that could present safety concerns and will give them greater confidence that the products brought to market and sold as dietary supplements are legal. We urge the Senate to follow suit and expedite DASCA’s enactment.”
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Walgreens Boots Alliance files registration statement with SEC

BY Michael Johnsen

DEERFIELD, Ill. — Walgreens on Tuesday announced that Walgreens Boots Alliance, the anticipated new holding company for the combined Walgreens and Alliance Boots enterprise, filed a registration statement on Form S-4 with the Securities and Exchange Commission containing a preliminary proxy statement/prospectus related to Walgreens acquisition of the remaining 55% of Alliance Boots that the company doesn’t currently own and the reorganization of Walgreens into a holding company structure.
 
The new holding company to be formed in connection with the transaction, Walgreens Boots Alliance, will be incorporated in the state of Delaware and headquartered in the Chicago area. The Walgreen Co. division of Walgreens Boots Alliance will remain incorporated in Illinois and headquartered in Deerfield, Ill., and the Boots division will remain based at its current location in Nottingham, U.K. 
 
Walgreens will hold a special shareholders meeting to seek approval of the transactions and related matters in connection with Step 2 and the holding company reorganization following completion of the SEC review process and after the Registration Statement has been declared effective by the SEC. Also as described in the Registration Statement, the company currently intends to as "promptly as practicable" announce an anticipated date for an annual meeting of shareholders of Walgreens Boots Alliance during its fiscal year ending Aug. 31, 2015, which is currently intended to be held following the completion of the transactions. 
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