Daily News Analysis

PERMANENT REPRESENTATIVE TO UN

22nd June, 2022 International Relations

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In News

  • Nearly 20 Indian nutraceuticals firms have received total funding of more than $22 million at the industry summit held in Mumbai.
  • The Members of the UAE royal family and a special delegation from Australia were present at the summit.

 

Nutraceuticals

  • Nutraceuticals are products, which are used as food, as supplementary nutrition and also as medicine.
  • A nutraceutical product may be defined as a substance, which has physiological benefits or provides protection against chronic disease.
  • It may be used to improve health, delay the ageing process, prevent chronic diseases, increase life expectancy, or support the structure or function of the body.
  • Nutraceuticals have received considerable interest due to their potential nutritional, safety and therapeutic effects.

 

https://www.thehindu.com/incoming/20-nutraceutical-firms-bag-seed-funding-worth-22-million/article65546008.ece

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