Case Studies
These are just some of the many case studies from AIBMR’s files over the last 28 years. It is the reason so many companies and experts in the nutraceutical industry refer others to AIBMR. Why not talk to AIBMR about your needs and objectives. Having worked in 55 countries in 2002, the company has considerable contacts and experience in North America and foreign markets.
A foreign company desired to establish a subsidiary in the USA. AIBMR sent five staff members to the company’s headquarters to become thoroughly familiar with its product line and key personnel. Within a year, AIBMR selected a city for the company to open its subsidiary, identified the best products to introduce, played an active role in hiring the president, and assisted the company in earning over one and a half million in revenue the first year.
Over 20 years ago a retailer asked AIBMR to assist them in forming a new dietary supplement company in the USA. Over the next 5 years, technical staff of AIBMR provided on-going assistance to the start-up company, especially in the area of product development and clinical and safety substantition. Eventually one of AIBMR’s technical staff joined the company and became a leading contributor as it grew into a national brand name company. Within 10 years sales exceeded $25 million. Although still privately held, the company was recently sold for significant multiples above gross sales.
A foreign company was referred to AIBMR to help them launch an ingredient in the USA. AIBMR identified all studies related to the product in several languages and mapped out a product introduction strategy. Technical staff at AIBMR offered on-going support and education on the product to manufacturers in the USA and several other countries. Today this ingredient is generating millions in sales and is widely used by consumers.
A US manufacturer needed technical assistance in introducing their product line overseas in a country with over 200 million residents. Staff worked with their FDA to gain registration, gave lectures on the products throughout the country, and providing ongoing technical and regulatory support. Seven years later, this line is the number one selling dietary supplement line in the country.
A foreign company desired to obtain new dietary ingredient status in the USA. AIBMR met with their technical and management staff overseas, designed a flow chart of studies needed to obtain the NDI. Within two years of the first meeting, the product was allowed into the marketplace by US FDA. AIBMR introduced them to a major dietary supplement manufacturer, which had the product on shelves nationwide within five months of the NDI allowance.