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Danone to acquire WhiteWave Foods for USD $12.5 billiion

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Danone to acquire WhiteWave Foods for USD $12.5 billiion

Danone has agreed to acquire WhiteWave Foods, a manufacturer of plant-based and premium dairy products. The all-cash transaction will go for USD $56.25 per share, representing a total enterprise value of approximately USD $12.5 billion.

This deal will nearly double the size of Danone’s North American footprint, increasing it from 12 to 22 per cent of the company’s total portfolio. This will also make Danone a leading manufacturer of refrigerated products in the U.S. and one of the 15 largest food and beverage manufacturers in the country.

“This unique combination positions us better to address tomorrow’s consumer trends and represents a great opportunity to step change the ambition of our plan for an Alimentation revolution and to accelerate our path towards strong sustainable and profitable growth by 2020,” says Danone CEO Emmanuel Faber.

WhiteWave’s portfolio contains high-profile brands like Silk, Horizon Organic, International Delight, Earthbound Farm, So Delicious, Daily Greens and Vega, among others.

Gregg Engles, chairman and CEO of WhiteWave, will join Danone’s Board of Directors following completion of the sale. While plans to merge the two companies have not been discussed, Engles notes that Danone is “a great cultural fit” for WhiteWave.

Growth of online shopping complicates Canadian commissions

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Growth of online shopping complicates Canadian commissions

With e-commerce sales booming, some Canadian businesses are reconsidering the commission structures that are in place at their retail locations.
According to the Retail Council of Canada (RCC), designing a fair compensation strategy can be challenging—especially when it comes to splitting store rewards among individual sales associates.

“This concept of attribution is a really gnarly one for retailers,” says RCC senior vice-president Michael LeBlanc. “There is no one-size-fits-all solution.” Options differ based on the type of retailer, format of the store, the role of sales associates and the company’s financial position.

Montreal-based clothing retailer Le Chateau is rethinking commissions due to the growth of “showrooming,” a practice where shoppers browse in-store but buy online. As such, the company is discussing allocating commissions from online sales to stores near the shopper’s home.

Industry observers add that luxury menswear retailers like Harry Rosen always pay commissions to employees—even when their regular customers shop online.

Trendex president Randy Harris says that adjusting compensation hasn’t yet been an issue in Canada because e-commerce still makes up a very small percentage of retail sales. However, he expects retailers will increasingly fine-tune their strategies as online sales continue to gain popularity.

If you’re a retailer with e-commerce capabilities, keep commission in mind as your operations move forward. Keep your staff happy, and your business will run as smoothly as possible.

The Three P’s of Health: Personalized, Preventive and Participatory

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Combining the best of conventional and complementary medical practices

By Inna Levchuk

Currently, there are not that many Canadian clinics where medical doctors and complementary health practitioners work side-by-side. P3 Health Clinic strives to provide personalized, participatory and preventive programs and services that combine the best of both conventional and alternative health-care models.

The 2,500-square-foot clinic, located in a heritage building at the corner of Frederick and Front Streets in Toronto was officially opened in May 2014.

“The intention of setting up this clinic was to provide integrative care and get the message out to the right people, concurrently without stepping on the toes of conventional doctors,” says Dr. Tim Cook, the founder and owner of P3 Health.

He adds that key differentiators of P3 Health include true integration across conventional and complementary medicine founded on an electronic medical record system accessible to all; equal attention to cutting-edge technology, such as advanced genomic testing and the CardioHealth Station, which makes them one of only five clinics in Canada with this device, as well as the ancient healing practices of yoga, meditation and nutrition, and a completely functional medical approach.

“Our intention on opening P3 Health was to bring together the most evidence based and most helpful of Western medicine and complementary medicine into a personalized ‘IAP’—Integrative Action Plan,” says Dr. Cook. “This has the potential to benefit many patients who are currently ‘falling through the cracks’ of our conventional health-care system.”

Dr. Cook hopes that the approach that P3 Health is taking in treating their patients will eventually become the “standard of care and will be funded by our provincial government health insurance plans.” This, he believes, would make integrative care accessible to all.

FROM MILITARY TO INTEGRATIVE MEDICINE

Being an internal medicine practitioner by training, Dr. Cook worked as a medical officer for the Canadian military for 20 years. There, he had “flexibility to spend more time with complex patients” because he was salaried.

“Whereas in a fee-for-service system, such as a hospital clinic, there is pressure to see more patients faster as there is a huge demand with limited supply of service,” says Dr. Cook.

“At P3 Health, I book new patients for an hour or 90 minutes if they are complex; Lyme patients, for example, and follow-ups get a minimum of 30 minutes,” he continues. “This is at least twice the amount of time that internists usually give with provincial health coverage.”

During his career with the Canadian Forces, Dr. Cook had deployments to Haiti, India, Central America and East Africa and that’s where he started to have a different perspective on the world’s health-care systems.

At the time of his retirement from the military, Dr. Cook began working as an internist at Mount Sinai Hospital in Toronto. There, he saw a lot of patients suffering from chronic fatigue often with symptoms that weren’t explained by conventional subspecialists—something that made these patients seek integration on their own.

Later, Dr. Cook obtained a Master’s degree from the London School of Hygiene and Tropical Medicine in England, focusing on health promotion, disease prevention and public health. In 2006, he took a mindfulness stress-reduction course, and that’s where he understood that his career path wasn’t leading where he wanted it to lead.

“I began to realize that my passions lie not just in terms of health promotion and disease prevention, but also in encouraging people to appreciate the impact of stress on their illnesses.”

In 2007, Dr. Cook was invited by David Zakus, a professor at the University of Toronto, to help him set up a course in complementary and alternative medicine practice.

All of these experiences changed Dr. Cook’s perspective on how the health care system should function, which ultimately led to the idea of founding P3 Health together with Bryce Wylde and Sam Gibbs, his business partners.

P3 HEALTH PATIENTS

Services currently offered at P3 Health include naturopathy, acupuncture and traditional Chinese medicine, cardiac health support, chiropractic medicine, holistic psychotherapy, intravenous therapy, lifestyle and wellness coaching, mind-body medicine, registered holistic nutrition, osteopathy and registered massage therapy.

The clinic also has a versatile natural health product dispensary, which helps practitioners provide patients with necessary nutritional and vitamin support.

Currently, the clinic has 15 full- and part-time team members. Busiest months at P3 Health are usually January, September and October. Top health concerns that P3 Health patients have include Lyme disease, chronic fatigue, metabolic disorders, such as obesity, diabetes, hypertension and dyslipidemia that often lead to cardiovascular disease, as well as hormonal issues.

According to Dr. Cook, there are two ends in the spectrum of care provided at P3 Health—services for people who want a greater life span as well as those developed for patients who are already suffering from a particular condition.

“We have patients who are healthy but want to ‘live forever’: they are interested in health promotion and disease prevention, and anti-aging,” explains Dr. Cook. “At the other end of the spectrum are people who have a predetermined diagnosis.”

Dr. Cook says often these people aren’t satisfied with what has been advised from conventional doctors and they are looking for an integrative or complimentary approach to managing their health.

For some patients in this subgroup, P3 Health is developing centre of excellence for Lyme and tick borne disease management. Dr. Cook says, unfortunately, many patients suffering from Lyme disease are often undiagnosed. P3 Health finds it very rewarding to get them on appropriate therapies that usually include a combination of antibiotics and probiotics—and lifestyle management.

“If you are not encouraging people to make dietary changes or teaching them how to meditate, it’s going to be very difficult for them to ultimately get better,” says Dr. Cook.

Dr. Cook encourages all his patients—whether they are interested in their health promotion or they suffer from a certain condition—to explore mindfulness practices.

“Neuroscience supports the critical importance of regular engagement in mindfulness meditation—yoga, tai chi, chi gong, prayer—whatever it is, it’s important to do something because ultimately, even if you eat well and you exercise but don’t do these brain exercises, you are not getting the maximum benefit of longevity and wellness.”

Top products that Dr. Cook recommends to his patients are VSL and Bio-K+.

“We use them when having to prescribe long-term antibiotics for patients with Lyme and tick co-infections,” he says.

Other products that are helpful are AOR SoluFibre (prebiotic that goes with the probiotics), R+NAC, Magnesium BisGlycinate, EPA, ZenBev, California Poppy, Curcumin, Wobenzyme and Resveratrol.

These products are recommended by Dr. Cook and sold by his natural health colleagues.

SPREADING THE WORD

The clinic’s launch strategy was crafted by Bryce Wylde. As Dr. Cook’s business partner and a homeopath, Wylde believes wholeheartedly in an integrative approach, and in reputation, he is popular in the media.

Following Wylde’s success with his own highly rated television show, Wylde on Health, that ran on CP24, he has been invited to many national shows. It was through his numerous TV appearances, including those on CityTV Breakfast Television and CityLine, that the public first heard of P3 Health.

Being a highly knowledgeable natural health practitioner, whose name has been recognized and opinion trusted, people were following him not only on TV, but also through his social media, paying attention to his posts about P3 Health.

“For the first year or so, we let Bryce do all the marketing, otherwise it was more or less word-of-mouth,” says Dr. Cook. “We didn’t have a really big outreach campaign.”

“We now have close to 10,000 legitimate (that is, consented) email addresses in our database,” he continues. “We send a newsletter monthly and blogs weekly.”

Dr. Cook says what was missing in their marketing campaign was a call to action—something that P3 Health is now trying to catch up on with its DARI (diabetes and related illnesses) metabolic health program.

“We’ve decided to create one big program that would capitalize on all the things that we think are important for people suffering from these illnesses, such as high blood pressure, cholesterol, belly fat, and ultimately, heart attack and stroke risk,” says Dr. Cook.

The $7,500 four-month-long program includes a thorough evaluation of the patient from micronutrient, genomic and physical perspectives with extensive testing and consultations with a physician, geneticist, holistic nutritionist and health coach.

Additionally, the P3 Health team builds an integrative action plan for each patient that includes nutrition, fitness, mindfulness and stress-reduction programs, supplements, and possibly, intravenous therapies. The patient is also checked for clotted arteries to pinpoint the earliest indications of vascular disease.

Snail mail has been an effective tool in marketing the program, with thousands of post cards being sent to people who might be interested in supporting their health. DARI also has an online landing page on the clinic’s website and a digital marketing campaign in place.

“Our January launch of DARI gave us an opportunity to engage in digital media more,” says Dr. Cook. “We are also working to increase our organic Google presence by putting regular, original blogs and videos on our website.”

CHALLENGES

According to Dr. Cook, one of the challenges around starting any business is making sure there is a sound business plan in place as well as sufficient funds.

“Also, to find doctors who want to work in this environment has been a bit challenging, but even finding the right complementary practitioners who would like to work in a group has not been as easy as I thought it would be,” continues Dr. Cook.

He is encouraging his colleagues “on the conventional side of the house” to learn more about complementary practices and the evidence around them.

“We are never going to be able to meet in the middle and integrate if there is not a dedicated focus on gathering evidence on efficacy and lack of harm [of complementary practices],” he says. “By the same token, I want to make sure that the folks on the complementary side of the spectrum realize that if they wish to integrate, they need to come towards the middle as well. There needs to be an openness to understand both sides.”

Omega-3 supplements may improve dry eye disease symptoms

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According to a study out of the journal Clinical Interventions in Aging, omega-3 fatty acids may reduce ocular inflammation associated with dry eye disease.

 

This underreported and undertreated affliction is caused by lacrimal dysfunction, increased osmolarity of the tear film, and, most importantly, inflammation of the ocular surface.

 

The study looked at 1,419 patients with dry eye who used artificial tears. The participants were directed to take three 1.5g omega-3 capsules a day, each of which contained EPA and DHA. At the end of the study, ophthalmologists found that 91.6 per cent of the patients’ symptoms had improved due to the supplementation, allowing them to decrease their use of artificial tears.

 

If your patients are struggling with dry eye disease, consider trying omega-3 supplementation.

 

PopRx partners with innoviCares

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PopRx, the Canadian leader in mobile pharmacy applications, has partnered with STI Technologies Limited’s innoviCares program. Together, the pair will help Canadians to better access their medications.

 

PopRx is an on-demand pharmacy app that connects patients to local independent pharmacists who can manage, order and deliver their medications. By partnering with innoviCares, a free prescription savings card initiative, it has ensured that patients across the country are able to save money on the prescription medications their physician has prescribed.

 

“We are lucky to be a health tech company in Canada, where we can connect with other Canadian health partners, like innoviCares, who share our vision for reducing costs and increasing access to vital medication for all Canadians,” says Dr. Ali Esmail, CEO of PopRx. “InnoviCares is a great product, and many of our customers, and Canadians everywhere, had no idea that services like this existed, which is why we have integrated it into our PopRx app. We see this as a huge step forward for access to affordable medication that people need across the country.”

 

Through the partnership, PopRx and innoviCares are allowing Canadians to receive their prescriptions with fewer barriers. When they refill prescriptions with PopRx, they can use their innoviCares card to save money, live-chat with pharmacists and take advantage of free, same-day delivery in major markets across the country.

 

“Partnering with PopRx was a natural fit for us,” Dave Morton, EVP of STI Technologies, said. “Integration with the PopRx mobile app is just another way we can help patients gain access to medications of their choosing, based on their physician’s advice.”

 

The PopRx app is available online on both Apple iOS and Android on both the App Store and Play Store.

Exercise: Holy Grail for arthritis patients?

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While many of your arthritis patients may cringe at the thought of excessive bodily movement, keeping a strict exercise regimen may help to reduce their symptoms and maintain joint function.

 

If your patients are struggling to upkeep excellent joint health, tell them to keep the following ideas in mind when they’re working out.

 

  1. Stretch it out. Stretching can increase your patients’ range of motion by improving their joints’ mobility and flexibility. Start by moving the targeted joint as far as it can go, and then try to deepen the stretch.
  2. Use resistance training. Tell your patients to use their own body weight to build muscle. Try lunges, step-ups and push-ups to get their joints moving and improve muscle strength.
  3. Increase endurance. Aerobic exercise will help to strengthen the heart and lungs and may help to reduce joint pain. However, make sure your patients stick to activities that don’t jar their joints. Recommend water aerobics or elliptical training for a low-impact, vigorous workout.
  4. Achieve better balance.Strengthen muscles and prevent stiffness through balance-boosting activities like yoga and tai chi.

 

Help your arthritis patients to understand that maintaining a regular exercise routine, while daunting, may help to greatly reduce the severity of their symptoms. With wonderful summer weather in full swing, it’s the perfect time for them to get outside and get active!

CFAS releases clinical practice guidelines to the public

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The Canadian Fertility and Andrology Society (CFAS) has announced that it will now make all clinical guidelines on the practice of assisted reproduction in Canada available and accessible to the general public. This decision will allow for further transparency between practitioners and their patients.

 

In the past, guidelines have only been distributed to members of the CFAS. Now, the organization will provide the guidelines in both official languages and will draft plain language summaries to make the documents easier for all Canadians to understand.
This decision underscores the CFAS’s commitment to promoting enhanced access to quality fertility treatment across Canada. In a statement, the organization noted that with these actions, it is helping to “create a transparent environment that fosters consistency and excellence in assisted reproductive care through access to the best available evidence and research in a field that is rapidly evolving.”

 

If your patients are struggling with fertility issues or simply wish to know more about assisted reproduction, this resource is extremely valuable. For more information or to access the guidelines, head to cfas.ca/clinical-practice-guidelines/.

Sickle cell disease the focal point of NIH studies

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Scientists at the National Human Genome Research Institute (NHGRI) are seeking the help of patients with sickle cell disease (SCD) to better understand the ailment. Through this initiative, the National Institutes of Health (NIH) hopes to develop new programs to reduce the severity of SCD symptoms.

SCD occurs when a fetus inherits two copies of the sickle cell gene. This produces abnormal hemoglobin, called hemoglobin S, which causes red blood cells to become stiff and abnormally shaped. These cells block blood flow and decrease oxygen delivery to the organs, which can cause excruciating bodily pain, kidney problems, a higher risk of stroke and chronic leg ulcers.

 

The severity of these symptoms varies over a patient’s lifetime, and is differs from case to case. SCD affects approximately 100,000 Americans, while only 5,000 Canadians struggle with it.

Vence L. Bonham, Jr., J.D., an associate investigator with NHGRI’s Social and Behavioral Research Branch, aims to look into the social, environmental and genetic factors that contribute to the type and severity of SCD symptoms.

In addition, Dr. Laura Koehly of the NHGRI is conducting research to better understand how families are affected by SCD. This information will help Bonham’s team to understand whether the role of the family is important to the onset of symptoms and complications associated with the disease.

Moreover, Dr. Koehly will review available sickle cell resources and will be asking study participants to evaluate these resources and provide feedback on what is missing. Then, her team plans to develop resources to help families better understand how to cope with SCD.

 

These studies will offer much more insight into a disease that is extremely rare in Canada, but more common in the United States. If one of your patients is suffering from this ailment, Canadian resources are available at www.sicklecelldisease.ca/.

CanadaGAP raises passing grade

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CanadaGAP raises passing grade

Starting next April, Canada Good Agriculture Practices (CanadaGAP) will make it more difficult for companies to pass its audits. This change will affect approximately 3,000 retailers and companies that handle produce.

Currently, grocers need 80 per cent to pass—next year, this number will increase to 85 per cent. As of now, the average score on a CanadaGAP audit is 92 per cent. Additionally, about five per cent of companies score between 80 per cent and 85 per cent, meaning that they must increase their scores before next spring.

“To maintain program integrity and credibility, we felt it was time to move in the direction of a higher passing score,” says Jack Bates, chair of CanAgPlus, the non-profit operator of CanadaGAP.

The organization works with certification inspection agencies to check farms, packing houses and storage facilities for employee training, hygiene facilities, cleanliness of buildings, among other factors. CanadaGAP was born in the 1990s after bacteria outbreaks shook several U.S. producers.

If your business is subject to CanadaGAP audits, make sure your standards are up to date so that you may pass next year’s inspection.

Xiwang acquires Canada’s Iovate Health for $730M

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Xiwang acquires Canada’s Iovate Health for $730M

Chinese buyer Xiwang Foodstuffs Company Ltd. has acquired Iovate Health Sciences International Inc., a Canadian nutrition supplement maker. The deal values Iovate at USD $730 million and will close later this year.

Xiwang was the highest bidder in a war between multiple Chinese buyout firms that made offers for the business. At this time, Chinese demand for dietary supplements is rising as the desire to live healthier lifestyles increases. This makes Iovate an excellent way for Xiwang to carve itself a spot in the market, as the Canadian company owns fitness supplement brands MuscleTech and Six Star Pro Nutrition. Iovate also has partnerships with Wal-Mart and Walgreens.

Iovate will keep its North American headquarters in Oakville, Ontario. Additionally, all key executives and 330 existing employees will remain in the company’s employ.