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As part of Lubrizol Life Science Health, Lipofoods Nutraceutical Ingredients is now the umbrella brand for the new Nutraceuticals Division.
Lipofoods SLU (Barcelona, Spain) is now part of the Health business of Lubrizol Life Science (LLS; Bethlehem, PA), moving from the Beauty business of LLS. As part of LLS Health, Lipofoods Nutraceutical Ingredients is now the umbrella brand for the new Nutraceuticals Division, which includes existing brands and product platforms for microencapsulated minerals and botanicals.
“Over the last few years, the Lipofoods brand has experienced rapid growth and scale-up,” said David PadrÃ³, business unit manager of the Nutraceuticals Division of LLS Health, in a press release. “This has propelled the need for a larger structure to meet the demands of the fast-changing, highly segmented global nutraceuticals marketplace. This new structure will bring technology and scientific support to active ingredients with functional performance attributes.”
The Nutraceuticals Division will leverage a broad range of Lubrizol’s capabilities for improving bioavailability and oral delivery for its portfolio of active ingredients. “The addition of the Lipofoods brand to our portfolio will boost Lubrizol’s exposure to the nutraceuticals market and complement our product offerings in the health and wellness industry,” added Barbara Morgan, global business director for Pharmaceutical Solutions of LLS Health. “This illustrates our holistic commitment to improve health outcomes by providing expertise that accelerates customers’ growth through expanded access to innovative nutraceutical platforms.”