(Re: Foods, Dietary Supplements & Medical Foods)
ITS IMPACT ON THE FOOD & DRUG INDUSTRIES
FIM, as a continuation of the Nutraceutical Initiative, announces a one and a half day conference which will address the impact of the Nutraceutical Revolution on corporate research, development and commercialization of foods, dietary supplements and medical foods. The regulatory and commercial distinctions between the food and drug industries continue to blur. For this reason all three major nutraceutical categories have been included in the program. The conference moderator will be Stephen L. DeFelice, M.D. and the program will be divided into three sections as follows:
THE BOUNDARIES & CORPORATE FLEXIBILITY REGARDING HEALTH-MEDICAL CLAIMS
Opinions of legal experts vs. opinions of non-legal experts such as corporate executives and medical authorities on the range of freedom regarding making health-medical claims will be presented. There is little doubt that corporate confusion regarding what can and what cannot be claimed has had a significant inhibiting effect on the research, development and commercialization of nutraceuticals. Case histories will be discussed, including Pharmanex, and a panel discussion will be included in this segment of the program. Anticipated future Congressional and FDA activities regarding health-medical claims will also be presented.
INFORMATION REGARDING MARKET PATTERNS AND RESEARCH DEVELOPMENTS
Presentations on market research information and new developments in proprietary technology will be presented. Consumer trends and market size information will also be included.
COMMERCIALIZATION: STRATEGIES FOR COMPANIES TO ENTER THE NUTRACEUTICAL MARKET
This section will be divided into two parts:
- Presentations on how specific companies are commercializing dietary supplements, medical foods and foods. A special presentation will be made regarding botanical nutraceuticals.
- A panel that will discuss (given the nature of the health-medical claim boundaries) ways in which nutraceutical companies can research, develop and commercialize nutraceutical products.