Archives for November 22, 2005

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RFID could save UK retailers billions

By  Leah Vyse

Using RFID and improving packaging design could help UK supermarkets save £1.9 billion (€2.7bn) in lost sales every year because of supply chain problems, says a new survey from the Institute of Grocery Distribution (IGD).

New project probes functional properties of milk

By  Chris Mercer

A dairy research body in Australia will get $300,000 of government money to examine bioactive material in milk that could be used to develop novel functional foods.

Frutarom acquisitions fuel strong results

By  Anthony Fletcher

Frutarom's continuing trend of increased sales and profitability vindicates the Israeli flavour firm's rapid expansion within certain strategic geographic regions.

Somerfield deal cleared

By  Leah Vyse

The European Commission has approved the takeover of British retailer Somerfield, by the Apax consortium.

European biotech firms target R&D growth

By  Anthony Fletcher

Biotech associations from five European countries have joined an initiative aimed at creating and developing globally competitive R&D-driven companies.

Researchers find animal antibiotics in vegetables

By  Ahmed ElAmin

Antibiotics given to livestock can end up in vegetables and pose a health threat to consumers, according to a study looking at the use of animal manure as a fertilizer.

Lab automation system receives top innovation award

By  Ahmed ElAmin

Sweden-based Gyros' laboratory automation system has received an endorsement from analyst Frost & Sullivan, which has awarded the company the top prize in the category for this year's annualinnovation awards.

Ocado forges strategy for internet boom

By  Anita Awbi

Online grocery pioneer Ocado believes it has the most innovative business model to tap the booming e-tail sector, as the UK's top supermarkets compete for custom.