Register Now - From Scalp to Follicle: The New Science of Hair Wellness Consumers Can See and Feel
|Articles|December 1, 2011

Bankrupt Nutrition 21 Acquired by Investment Group

The company will continue to operate under the Nutrition 21 name.

Nutrition ingredient developer Nutrition 21 (Purchase, NY), which in August declared bankruptcy, has been acquired by an investment group led by Phillip and Michael Satow. According to the companies’ press release, both Satows have almost 50 years of experience combined in the healthcare industry and most recently founded specialty pharmaceutical company JDS Pharmaceuticals LLC.

Under the acquisition, Michael Satow will serve as president and CEO of Nutrition 21, while Phillip will be chairman of the board. Nutrition 21’s portfolio includes the Chromax brand chromium picolinate. The company will continue to operate under the Nutrition 21 name.


Related to this article

Providing Clarity in a Noisy Nutrition Landscape
As GLP-1 medications and social media reshape how patients hear about nutrition, closing the gap between emerging science and everyday clinical care depends on stronger, more practical continuing education for healthcare providers.