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food industry
Trends
- 1FDA approves AbbVie's Parkinson's drug from Cerevel deal●AbbVie wins FDA approval for Parkinson’s drug from $8.7B Cerevel takeover
AbbVie has won US Food and Drug Administration approval for a Parkinson's disease treatment developed through its $8.7 billion acquisition of Cerevel Therapeutics. The approval validates the company's large bet on neurology and gives AbbVie a new product in a market where its flagship franchise faces eventual competition. Industry observers are watching how quickly the drug can reach patients and generate revenue.
- 2Climate change fuelling mycotoxin risks with 'no known solution'●Climate change fuelling mycotoxin risks with ‘no known solution’
Food industry reporting highlights that rising temperatures and shifting weather patterns are increasing mycotoxin contamination in crops such as grains and nuts, with toxins produced by fungi posing risks to food safety and trade. The report warns there is currently no known solution to fully control the problem as conditions become more favourable to fungal growth across producing regions.
- 3Gluten-Free Market Faces Shifts in Consumer Demand and Regulation●The Gluten-Free Landscape: Consumer Demand Meets Regulatory Change
The gluten-free food sector is under renewed attention as consumer demand for gluten-free products continues to grow alongside evolving regulatory standards. Industry observers note that manufacturers face pressure to meet labeling rules while catering to shoppers seeking gluten-free options for health, dietary, or lifestyle reasons. Discussion centers on how regulation will shape product development and market growth.
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Hexagon Nutrition has launched a new stable vitamin A formulation designed for food fortification programmes across Africa. Vitamin A is widely added to staple foods such as flour and oil to combat deficiency, but heat and storage often degrade it. A more stable form could make fortification efforts across the continent more effective and cost-efficient.