Word: supplement
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...spend $500 million on 10 to 15 years of tests--as pharmaceutical firms typically do to check out new medications. Unlike drugs, most herbal preparations cannot be patented, so the testing company would not be rewarded for its efforts. The FDA, meanwhile, would have to prove that a supplement is unsafe before yanking it off the market, yet it has no authority to test nutritional supplements. "The result is that there are a lot of products on the market that little is known about," says FDA deputy commissioner for policy William Schultz...
...been editing TIME's World section for six weeks, and so far he loves it. "The hours are lethal, but it's a blast to go to bed talking to Tokyo and wake up to a call from Belgrade," he says. Ramo, who also edits TIME Digital, our bimonthly supplement about technology, says the joy of covering international news comes from marrying the best reporting with sharp thinking and memorable writing. "Our value is in helping people understand how and why the world is changing, not in retelling last week's news...
...betting it will be different for companies that sell tablets and foods laced with the likes of St. John's wort and ginseng. For one thing, this is health food, not antihealth food. Since 1990 sales of natural foods and beverages and dietary supplements have grown 20% a year. This year consumers will shell out more than $18 billion for the stuff. Annual growth could slow to 15% or so as big retailers like Wal-Mart introduce private-label brands and force prices down. But that's still solid growth for a consumable product. One sign of Wall Street...
...Natural foods. United Natural Foods, Twinlab, Horizon Organic and Celestial Seasonings. Twinlab is another 50% grower and has a P/E of just 14. Celestial Seasonings is doing well with herbal teas and other products, and it held up well when the nutritional-supplement group stumbled...
Generations of butter lovers have held that margarine should not qualify as a food. Now there's a margarine manufacturer that agrees. The makers of Benecol spread consider it a nutritional supplement. Not only will it not raise your overall blood cholesterol, they say; studies show that it will lower it as much...