NutraScience Labs, Inc. was recognized as a Stevie Awards winner in the 2016 American Business Awards (ABA) competition on Monday, May 2. This is the firm’s first set of awards since it acquired Nutricap Labs’ book of contract manufacturing business in February of 2015.
More than 3,400 nominations for organizations across multiple industries were submitted for consideration. Stevie Award winners were selected by a panel of more than 250 executives and professionals from around the world, whose average scores determined the winners. NutraScience Labs took home honors in the “Health Products and Service Company of the Year" and “Management Team of the Year categories."
2016 Stevie winners will be presented with awards during a gala event on June 20 in New York.
Also honored in May was Gnosis, which was awarded “Finished Product of the Year" in the medical food category during NutraIngredients Awards 2016 at Vitafoods Europe in Geneva, May 10 to 12, for XaQuil™ XR by XYMOGEN.
The independent 10-person judging panel evaluated innovation, research and the ability to recognize and fill a gap in the healthy product sector. XaQuil XR by XYMOGEN is a medical food formulated with Gnosis' Quatrefolic, and used as an adjunctive treatment for depression. XaQuil XR fulfills the emergent scientific demand that has compelled psychiatrists to consider augmenting traditional antidepressants with the medical food L-methylfolate. Quatrefolic in XaQuil XR is the glucosamine salt of the 5-methyltetrahydrofolate (5-MTHF), the metabolic active form of folate.