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.
The Nutritional Outlook Podcast Episode 29: 2024 Ingredients to Watch
January 31st 2024Nutritional Outlook interviews Scott Dicker, market insights director from market researcher SPINS, about ingredients and product categories nutraceutical and nutrition product manufacturers should watch in 2024.