Yakult scandal has negative impact on shares
Japanese company Yakult Honsha, maker of the probiotic drink, saw its shares plummet today following a report that it had paid off a suspected racketeer.
Archives for August 11, 2002
Scandal hits Yakult
Shares in functional drink giant Yakult Honsha on Monday dropped sharply after a local weekend report that the Japanese beverage maker had paid off a suspected racketeer, reports Dow Jones.
Novel food application
Signs that the functional food market is gaining ground were revealed this week when the UK Food Standards Agency (FSA) announced it is considering a 'novel food' application by a food manufacturer to market 'milk and yoghurt type' products with an...