Thursday 31 July 2014

Industrial Protective Clothing Market Is Expected To Reach USD 3.5 Billion Globally By 2019: TMR

Transparency Market Research has released a new market report titled “Industrial Protective Clothing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” that defines and segments the global industrial protective clothing market with analysis and forecast of the global revenues. This report observes that the revenue generated by industrial protective clothing was USD 1.7 billion in 2012 and is expected to reach USD 3.5 billion by 2019 and is anticipated to grow at a CAGR of 11.5% between 2013 to 2019.

Browse the full Industrial Protective Clothing Market Report at http://www.transparencymarketresearch.com/industrial-protective-clothing.html

Key application segments analyzed in this industry include flame retardant apparel, chemical defending garments, clean room clothing and limited–uses general purpose clothing amongst others. Chemical defending garments were the largest segment and accounted for about 34% of the market share in 2012. This is a mature segment and nevertheless is expected to record healthy growth numbers by 2019. Clean room clothing is expected to be the fastest growing segment as the demand for these products is growing with the development of the pharmaceutical and food industries. Fire retardant apparel is expected to record healthy growth owing to favoring regulations by government organizations. The market shares for flame retardant apparels and clean room clothing are expected to increase, declining market shares for the rest of the others.


North America dominated the global market for industrial protective clothing in 2012. With over 51% global market share in terms of revenues, North America is the leading market in industrial protective clothing. Europe accounted for approximately 23% of the total revenue share in 2012. The global industrial protective clothing market has started experiencing favorable government regulations which have driven the growth in several regions and is expected to drive the growth in Asia Pacific and between 2013 and 2019.

The top four companies, Kimberly-Clark, Honeywell Safety Products, Ansell Protective Solutions and Mine Safety Appliances Company are expected to dominate the market for industrial protective clothing and these companies accounted for over 16% of the market share in 2012. Other companies such as SIOEN Industries NV, Lakeland Industries, Workrite Uniform Company, Inc.and others are some of the other important players in the industrial protective clothing market.

Industrial Protective Clothing Market: Application Analysis
·         Flame retardant apparel
·         Chemical defending garments
·         Clean room clothing
·         Others (Limited-use general clothing, etc.)

Industrial Protective Clothing Market: Regional Analysis
·         North America
·         Europe
·         Asia Pacific
·         Rest of the World (RoW)

Browse the full Industrial Protective Clothing Market Report at http://www.transparencymarketresearch.com/industrial-protective-clothing.html


About Us

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
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Email: sales@transparencymarketresearch.com

Wednesday 30 July 2014

Medical Sensors Market is Expected to Reach USD 15.5 Billion Globally in 2019: TMR

According to a new market report published by Transparency Market Research “Medical Sensors Market (Biosensors, Pressure, Image, SQUID, Temperature and Flow Sensors, Accelerometers, Surgical, Diagnostic, Monitoring and Therapeutic Applications) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,”the global market for medical sensors was valued at USD 10.1 billion in 2012 and is expected to reach a value of USD 15.5 billion in 2019, growing at a CAGR of 6.3% from 2013 to 2019.

Browse the full Medical Sensors Market Report at http://www.transparencymarketresearch.com/medical-sensors-market.html

Increasing focus on developing wearable and implantable sensors that enable real time sensing of health parameters would lead to a significant growth in the global medical sensors market. Rise in demand for point-of-care diagnostics and monitoring is leading to advancement in new sensing technologies such as MEMS (micro-electro-mechanical-systems) and CCD. Besides the introduction of new sensing technologies, other factors driving the global medical sensors market include rapid growth of the global geriatric population, presence of high unmet healthcare needs, rising worldwide incidences of chronic diseases and increasing healthcare costs.

Globally, the biosensors market accounted for the majority of the market share in 2012 and is expected to maintain its market position till 2019 due to its rising usage in healthcare applications such as in wearable sensor-based devices, ingestible and implantable devices, cancer diagnosis and other monitoring devices.The advent of SQUID sensors in diagnosing equipment such as MRI, MEG, MFI (magnetic field imaging) and magnetogastrography would help the global SQUID sensors systems market expand at a relatively faster CAGR of 7.9% during the forecast period.


The global medical sensors market by applications was dominated by the surgical application market with a market share of above 30% in 2012 due to the rising demand for minimally-invasive surgeries, which utilize sensor-based equipment. However, the global monitoring application market is the fastest growing medical sensors application market. A rise in constant need for patient monitoring would drive the growth in the market.

The medical sensors market in North America held majority of the market share in 2012 and is expected to maintain its market position till 2019. However, the market in Asia -Pacific is the fastest growing due to the presence of high growth opportunities in emerging economies such as China and the Indian subcontinent.

Some of the major market players in the global medical sensors market include Honeywell International Inc., Freescale Semiconductor Inc., Danaher Corporation (Gems Sensors & Controls), GE Measurement & Control, Analog Devices Inc. and Measurement Specialties.

The global medical sensors market is categorized into the following segments:
§  Medical Sensors Market, by Product Types
o   Biosensors
o   Temperature sensors
o   Image sensors
o   Accelerometers
o   Pressure sensors
o   Flow (air and fluid) sensors
o   SQUID
o   Others (chemical, position, level, force)
§  Medical Sensors Market, by Applications
o   Surgical Applications
o   Diagnostic
o   Therapeutic Applications
o   Monitoring Applications
§  Medical Sensors Market, by Geography
o   North America
o   Europe
o   Asia-Pacific
o   Rest of the World (RoW)


Browse the full Medical Sensors Market Report at http://www.transparencymarketresearch.com/medical-sensors-market.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Tuesday 29 July 2014

Intravenous Access Devices Market is Expected to Reach USD 46.5 Billion Globally in 2019: TMR

According to a new market report published by Transparency Market Research “Intravenous Access Devices Market (Intravenous Needles, Intravenous Catheters and Intravenous Infusion Pumps) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,”in 2012, the global intravenous access devices market was valued at USD 27.2 billion and is expected to grow at a CAGR of 7.8% during the forecast period of 2013 to 2019  to reach a market value of USD 46.5 billion by 2019.

Browse the full Intravenous Access Devices Market Report at http://www.transparencymarketresearch.com/intravenous-access-devices.html

Intravenous (IV) access devices are utilized extensively for the delivery of almost every class of drugs such as analgesics, antibiotics and antipyretics. The IV access devices include IV needles, IV catheters and IV infusion pumps. The market for IV access devices will increase tremendously at the growing rate of 7.8% during the forecast period 2013 to 2019 with the increasing incidences of various diseases such as cancer and tuberculosis (TB).Increasing geriatric population worldwide will also support the growth of this market because elderly people are highly susceptible to aforementioned diseases. In addition, shifting trend towards home healthcare will further propel the growth of infusion pumps and catheters market which will also support the overall growth of the market.


Likewise, increase in number of surgeries throughout the globe will also trigger the growth of this market since; surgeries will require these access devices for various purposes such as medication and anesthetic. For instance, in 2012around 51.4 surgeries were reported according to the Centers for Disease Control and Prevention (CDC) in the U.S. and this number is expected to increase owing to various reasons such as increase in number of accidents and lifestyle.Similarly, increase in number of vaccines will also augment the growth of this market since administration of majority of the vaccines will utilize intravenous needles.The market for intravenous catheters is expected to grow at the highest CAGR of 9% during the forecast period 2013 to 2019. This growth is attributed to its wide application areas such as it is utilized when infusion pump is implanted in the body. Similarly, price competitiveness of the catheters will also support the growth of this market tremendously.

The North American region accounted for the largest share by revenue for intravenous access devices in the year 2012 owing to large number of patient pool and geriatric population. However, Asia-Pacific is expected to show the highest growth rate of 9.4% from 2013 to 2019. This is attributed to rise in geriatric population, target diseases, increase in healthcare expenditure and improving healthcare infrastructure in the Asia-Pacific region. In addition, rise in disposable income due to economic development will also propel the growth of the market in the region since it will increase the purchasing power of individuals for various medical services such as surgeries.

The major players operating in the market include Hospira, Inc., Becton, Dickinson and Company, CareFusion Corporation, Baxter International, B. Braun Melsungen AG and Smiths Medical.

The global intravenous access devicesmarket has been segmented as below:

Intravenous Access Devices Market, by Product Types
·         Intravenous Needles
·         Intravenous Catheters
o   Midline Peripheral Catheter
o   Central Catheters
§  Midline Peripheral Catheters
§  Centrally Inserted Catheters
·         Intravenous Infusion Pumps
o   Intravenous Insulin infusion Pumps
o   Parenteral Feeding Infusion Pumps
o   Intravenous Patient Controlled Analgesia (PCA) Infusion Pumps
o   Intravenous Syringe Infusion Pumps
Intravenous Access Devices Market, by Geography
  • ·         North America
  • ·         Europe
  • ·         Asia-Pacific
  • ·         Rest of the World (RoW)

Browse the full Intravenous Access Devices Market Report at http://www.transparencymarketresearch.com/intravenous-access-devices.html

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

Monday 28 July 2014

Bone Densitometers Market is Expected to Reach USD 908.5Million Globally in 2019: TMR

According to a new market report published by Transparency Market Research “Bone Densitometers Market(DEXA, QCT, pDEXA, SEXA, pQCT, RA and QUS)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global bone densitometersmarket was valued at USD 777.9million in 2012 and is expected to grow at a CAGR of 3.3% from 2013 to 2019, to reach an estimated value of USD 908.5million in 2019.

Browse the full Bone Densitometers Market Report at http://www.transparencymarketresearch.com/bone-densitometers-market.html

Bone densitometry is a non-invasive diagnostic technique which involves use of bone densitometers for quantitative measurement of bone mass or density. Over a past few decades, decrease in bone mass or density has been associated with the occurrence of fractures in future and thus bone density measurement has been considered as an indicator to predict fracture risk.Moreover, people with medications for corticosteroid treatment, cancer, eating disorders, amenorrhea and genetic disorders are also preferred for evaluation of bone mineral density.

Major improvements in diagnostic technology have been witnessed since last decade due to change in perception for osteoporotic disease, growing elderly population and high expenditure to society and healthcare agencies along with the adverse effects on patients across the globe. The advances in the technology are making it possible for early detection of disease before fracture occurs. With socio-economic development in many developing countries and rapid ageing of the population, osteoporosis has become one of the most prevalent and costly health problems in these regions. Growing ageing population combined with increased vitamin D deficient patients and rise in risk for osteoporosis in post-menopausal women contribute to the growth of this market particularly in emerging economies of Middle East, India, China and Japan. Moreover, technological advances in bone densitometerscoupled with increase in access and recognition of these technologies in emerging market, such as China, Brazil, Japan and India will serve as an opportunity for investors to invest in.


The global market for bone densitometers has been studied from the perspective of currently widely accepted technologies and the major end users. Technologies are further segmented, based on axial and peripheral bone density measurement. Axial bone densitometers include dual energy X-ray absorptiometry and quantitative computed tomography. Peripheral bone densitometers include single energy X-ray absorptiometry, peripheral dual energy X-ray absorptiometry, radiographic absorptiometry, quantitative ultrasound and peripheral computed tomography. The endusers for bone densitometers include clinics and hospitals.Hospitals remain the major hub in most of the countries across the globe for bone densitometry diagnostics and devices.

It is expected that the global market for axial bone densitometers will grow at a CAGR of over 3% from 2013 to 2019.In 2012, axial DEXA accounted for the largest share by revenue at USD 297.8 million of the total bone densitometers market. However, due to thedecrease in the reimbursement, the overall market revenue is expected to decline during the forecast period in the U.S and Europe.The market for axial QCTaccounted for the second largest share at USD 182.9million, in 2012. Moreover, it is expected that the global market for peripheral QCT bone densitometers will grow at a CAGR of over 4% from 2013 to 2019, owing to its high sensitivity, portability of devices, lesser scanning time, with better precision and accuracy, and also less radiation exposure.

Geographically, North America dominatedthe global market for bone densitometersin terms of revenue generation and is expected to maintain its position throughout the forecast period. Theadoption of DEXA systems, growing elderly population and consequent rise in incidences of osteoporosis in the U.S., is expected to contribute to the leadership of the North American market. Europe was the second largest regional market for bone densitometersin 2012, owing to the increased demand for bone density measurement.

The global bone densitometers market is dominated by few major players includingGE Healthcare Ltd.,Hologic, Inc., CooperSurgical, Inc. and Diagnostic Medical Systems S.A. Theother key players in the bone densitometers marketinclude BeamMed Ltd.,CompuMed, Inc., Lone Oak Medical Technologies LLC and OsteometerMediTech, Inc.



The global bone densitometers market is segmented as follows:

Bone DensitometersMarket, by Technology
§     Axial Bone Densitometers
o     Dual Energy X-Ray Absorptiometry (DEXA)
o     Quantitative Computed Tomography (QCT)
§     Peripheral Bone Densitometers
o     X-ray Absorptiometry
§   Peripheral Dual energy X-ray Absorptiometry (pDEXA)
§   Single Energy X-Ray Absorptiometry (SEXA)
o     Radiographic Absorptiometry (RA)
o     Quantitative Ultrasound (QUS)
o     Peripheral Quantitative Computed Tomography (pQCT)
Bone Densitometers Market, by End-users
§     Clinics
§     Hospitals
Bone Densitometers Market, by Geography
·        North America
·        Europe
·        Asia-Pacific
·        Rest of the World (RoW)
o     Latin America
o     Middle East


Browse the full Bone Densitometers Market Report at http://www.transparencymarketresearch.com/bone-densitometers-market.html

About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

China detains five in the stale meat probe

The Chinese police have detained five people in the ongoing investigations about supply of outdated meat to fast food chains across China.

The detention comes after Shanghai Husi Food was put under scanner by the regulators for selling expired meat to fast food giants like KFC and McDonald’s.

These allegations against the supplier were seconded by new programs too. However, police have provided no further comment on this issue.

Manager of Husi’s quality department, Zhang Hui, stated that this kind of meat was produced with the “tacit” approval of some of the senior managers.

Both the fast food chains in question have stopped using this meat ever since the issue was brought to light.
This scandal has become a new setback for Yum brands, which was already trying to rebuild its image in China. Yum suffered a massive blow in 2012 when two of its meat suppliers were providing meat heavily laced with antibiotics.


Yum was just making a recovery in the first quarter of this year with a 9% rise in sale at its China outlets. The KFC sales also rose by 11% in the same quarter.

Saturday 26 July 2014

Microsoft makes good Nokia’s losses

Microsoft has a plan to help its newest acquisition, Nokia reach break even in two years time. Microsoft has reported a loss of 7% in the second quarter of 2014 due to the struggling state of the Finnish mobile maker.

Microsoft has already announced layoffs and reorganization of its structure as a part of the plan to get Nokia on track by 2016. It also intends to take in analysts to cut the USD 1 billion losses.
The move not only cheered those on the Wall Street, but also sounds like the end of frustration and pain for Microsoft with this heavy-lifting.

 Nokia’s purchase by Microsoft was purely for the purpose of taking on giants such as Apple Inc and Samsung. However, the software firm reported an unfortunate operating loss of USD 692 million.

The kind of success Microsoft projected with Nokia Lumia smartphones wasn’t as per expectations, as it only captured 4% of global market. In the second quarter Lumia sold 5.8 million units are compared to 35.2 million iPhones sold in the same period.


To make the plan work Microsoft will drastically cut down on Nokia’s operation by shutting down few facilities and about 25,000 employees. Microsoft intends to concentrate on cloud-computing as under the guidance of Satya Nadella.

Friday 25 July 2014

Apple makes a 7.7% profit with iPhone Sales

Apple reported a rise of 7.7% in the second quarter of 2014 with a steady and growing demand for iPhones. However, there has been a decline in the sale of iPad tablet.

The company recorded a profit of 7.7% on the revenue of USD 37.4 billion, which is an 11.6% year-on-year rise.

Tim Cook, CEO of Apple attributed the profits to strong demand of iPhones, Mac, and the steady growth from Apple’s ecosystem. Following this upward climb the consumer electronics company has declared a cash dividend of 47 cents per share of common stock. This will be paid by August 11.

The iPad sales have witnessed a decline of 9.2% year-on-year at USD 12.27 million. This figure is even lower than what the analysts had expected it to be. This poor show negatively impacted the revenues which was lower than the forecasted one at USD 30 billion.


Apple’s deal with China Mobile is expected to give a fillip to the company iPhone sales, and putting it in a fair position to fight the stiff competition from the Android enabled phones.


The disclosure of a patent by Apple has stirred talks about the company’s plan to design technology that is more wearable, such as a smartwatch. However, Cook has confirmed no such talk. All that he has said so far is that he prefers the wrist to be the perfect spot for a wearable gadget, and that innovative products were in oven.

Wednesday 23 July 2014

Cardiac Prosthetic Devices Market is Expected to Reach USD 5.3 Billion Globally in 2019: Transparency Market Research

According to a new market report published by Transparency Market Research Cardiac Prosthetic Devices Market (Mechanical Heart Valves, Tissue Heart Valves, Transcatheter Heart Valves, Implantable Pacemaker and External Pacemaker) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,the global cardiac prosthetic devices market was valued at USD 2,945.3 million in 2012 and is estimated to reach a market worth USD 5,290.0 million in 2019 at a CAGR of 8.7% from 2013 to 2019.

Browse the full Cardiac Prosthetic Devices Market Report at http://www.transparencymarketresearch.com/cardiac-prosthetic-market.html

Cardiac prosthetics are chronic alternatives that replace a damaged or diseased part in the body. Cardiac prosthetic devices are used in the treatment of blockages in heart valves. Implantation of these devices is being increasingly accepted as one of the common procedures due to a rise in the number of patients suffering from valvular diseases. Prosthetic valve thrombosis (PVT), prosthetic valve endocarditis (PVE), mechanical hemolytic anemia and thromboembolism are some of the complications that arise from failure of the primary valves. 

The growth of cardiac prosthetic devices market is primarily driven by increasing geriatric population, rise in the number of cardiac diseases (coronary artery, cardiovascular, peripheral vascular, rheumatic heart, cerebrovascular and valvular heart diseases). In addition, technological advances are also aiding the growth of this industry.

The cardiac prosthetic devices market can be segmented as heart valves and pacemaker. Heart valves are further categorized into mechanical heart valves, tissue heart valves and transcatheter heart valves. The market for cardiac prosthetic devices promises high growth mainly due to increasing incidence of cardiovascular disorders, rising preference for minimally-invasive procedures and consistent growth in the geriatric population. 

Additionally, a rise in obesity followed by continuous product modification and technological upgradation resulting in development of effective devices would propel the growth and uptake of cardiac prosthetic devices. However, high cost of devices, stringent approval process of these devices (Class III devices) and certain clauses of the Affordable Healthcare Act (AHA) that contribute in overall increase of the cost of medical devices are some of the factors that might hamper the growth of the cardiac prosthetic devices market.

At the regional level, North America was the largest market in 2012 for cardiac prosthetic devices market followed by the European region. Cardiovascular diseases such as valvular and rheumatic diseases have increased significantly in the developed nations. Furthermore, a rise in life expectancy of the population has increased the frequency of degenerative valve diseases. Hence, with the rise in prevalence of these diseases, demand for cardiac prosthetic devices is expected to increase during the forecast period. Asia-Pacific region is expected to grow at a higher CAGR of 10.9% from 2013 to 2019. This is majorly due to large and expanding population base, increased participation of the respective governments in healthcare sector and rising disposable incomes of the population.

The cardiac prosthetic devices market is characterized by the presence of well-established players operating in this market. The major companies competing in this market are Edwards Lifesciences Corporation, Medtronic, Inc., Sorin Group, St. Jude Medical and Boston Scientific Corporation.


The global cardiac prosthetic devices market is segmented as follows:
  • Cardiac Prosthetic Devices Market, by Segments
    • Heart Valves
      • Mechanical Heart Valves
      • Tissue Heart Valves
      • Transcatheter Heart Valves
    • Pacemaker
      • Implantable Pacemaker
      • External Pacemaker
  • Cardiac Prosthetic Devices Market, by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)
Browse the full Cardiac Prosthetic Devices Market Report at http://www.transparencymarketresearch.com/cardiac-prosthetic-market.html
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

Ackman’s presentation against Herbalife over-promised and under-delivered

Bill Ackman’s latest hit at Herbalife hasn’t really moved things anywhere. In fact it missed to make a mark on Wall Street, with stocks soaring by 25% for the company.

Ackman’s told an audience of 500 at the New York auditorium and thousands tuned in via webcast that Herbalife is nothing but a criminal setup that lures in minorities, considers non-existent customers while promising business and profits, and breaks labor laws. He further went on to state that Herbalife runs on a pyramid scheme that makes the members earn from recruiting new members instead of selling the products.
The presentation made on Tuesday also shed light on Herbalife’s method of recruiting freshers, often Latinos, to work for free as trainees before giving them the actual distributorship.

Ackman’s research worth USD 50 million has video, audio, and other data that has been collected from 240 Herbalife clubs.

Herbalife has only rejected these claims. John DeSimone, the nutrition company’s CFO stated that all these claims are completely fabricated, and they have commissioned a study to vindicate the company standing.
Ackman said the probing officials from FBI, Federal Trade Commission, and Securities and Exchange Commission are taking far too long than expected against Herbalife.


However, Vijay Marolia, a fund manager at Regal Point Capital Management said that the much-hyped presentation by Bill Ackman was over-promised to begin with, and thoroughly under-delivered to end with. Some more hedge fund managers seconded this sentiment and retained the stock, despite Ackman’s appeal to every investor to sell it.