Nutrition 21—maker of several condition-specific supplement products, including those designed to manage blood sugar and improve cardiovascular health—has inked a deal with Walgreens to supply the chain’s stores with three new chromium picolinate products under the Finest Natural brand and one new product under the Walgreens Gold Seal private-label brand. The line is expected to be released by early fall.
Nutrition 21 Co-Chief Operating Officer, Michael Fink, said that the deal “reflects the growing appreciation by retailers of Nutrition 21's continuing commitment to develop and market proprietary and clinically substantiated nutraceuticals that address significant health care concerns.” He added that the company anticipates beginning to receive revenues from the new products by the end of the third quarter 2008. Walgreens currently operates 6,300 stores in 49 states. Nutrition 21 reported $42 million in revenues for the 2007 fiscal year.