Forbes Medi-Tech (FMTI) Announces Launch of Del Monte Heart Smart Pineapple Juice
Forbes Medi-Tech Inc. (NASDAQ: FMTI) announced the launch of a new pineapple juice containing the Company's proprietary cholesterol-lowering ingredient, Reducol in the Philippines. The beverage, packaged in 240ml single serving cans containing 1gm of Reducol, will be produced and distributed by Del Monte Philippines Inc. (NYSE: DLM).
"With this product launch, Forbes continues to expand the breadth and number of product lines containing Reducol(TM). Through the product roll out, we are looking forward to increased market penetration of Reducol(TM) into other countries within the South East Asia region," said Laura Wessman, Senior Vice President, Operations at Forbes.
Reducol(TM) is a unique ingredient containing plant sterols and stanols, commonly known as phytosterols, which have been clinically proven to significantly lower Low Density Lipoprotein (LDL) or "bad" cholesterol. The ingredient does not change the sensory properties of foods, and can be formulated alone, or in combination with other active ingredients, for dietary supplements.
[SM]
"With this product launch, Forbes continues to expand the breadth and number of product lines containing Reducol(TM). Through the product roll out, we are looking forward to increased market penetration of Reducol(TM) into other countries within the South East Asia region," said Laura Wessman, Senior Vice President, Operations at Forbes.
Reducol(TM) is a unique ingredient containing plant sterols and stanols, commonly known as phytosterols, which have been clinically proven to significantly lower Low Density Lipoprotein (LDL) or "bad" cholesterol. The ingredient does not change the sensory properties of foods, and can be formulated alone, or in combination with other active ingredients, for dietary supplements.
[SM]
You May Also Be Interested In
- Dow Chemical (DOW) Wins $2.16B in K-Dow Arbitration
- Mylan (MYL) Launches Generic Bonviva Tabs (RHHBY) in Italy & the U.K.
- QLT Inc. (QLTI) Announces Board Will Propose $75-$100M Dutch Auction Tender Offer
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
