Oceans Omega, DSM Nutritional Products enter supply agreement
PARAMUS, N.J. — Oceans Omega has a new supply agreement with DSM Nutritional Products for the production of Oceans Omega’s OTEC emulsion ingredients, the company said Monday.
DSM is a supplier of omega-3 fatty acids, vitamins, carotenoids and other ingredients to the feed, food, dietary supplement and personal care industries. Oceans Omega supplies stabilized omega-3 EPA and DHA ingredients.
"We are delighted to have DSM Nutritional Products produce our OTEC emulsion ingredients," Oceans Omega chief technology officer Volker Berl said. "This enables us to further scale our volumes while strengthening our supply chain and leveraging DSM’s world-class life’sDHA and Meg-3 oils in our emulsion products."
Switching off the pain
LAKE FOREST, Ill. — Omron recently charged analgesic aisles with a new pain relief option. Omron’s Electro-Therapy Pain Relief unit is the only approved transcutaneous electrical nerve stimulation unit on the market and should be an adjunctive sale for chronic pain sufferers. The product could add a spark to nonmedicinal, external pain relief. Sales of heat and ice packs were relatively flat in 2012, with sales approaching $235 million.
At-home tests grow in popularity
BETHLEHEM, Pa. — The landmark launch of Orasure Technologies’ OraQuick In-Home HIV test last year was a key driver behind the 5.4% growth in the home-test kit category for the 12 weeks ended Dec. 30 across U.S. multi-outlets, according to SymphonyIRI Group data. The HIV test contributed $1 million in purely incremental sales to the total $15.5 million in category sales.
OraQuick contributes to a trend of more self-test diagnostic tools coming to market. According to Identigene, which manufactures a DNA test kit, there are three factors behind self testing — the continued shortage of family care physicians, the number of patients without insurance or who are under-insured and the proliferation of retail clinics, which is contributing to awareness of diagnostic options in the pharmacy.
The article above is part of the DSN Category Review Series. For the complete Diagnostics Sell-Through Report, including extensive charts, data and more analysis, click here.