NutraSweet
| File:Logo-NutraSweet Company.png | |
| Company type | Private (subsidiary of J.W. Childs Associates) |
|---|---|
| Predecessor | G.D. Searle |
| Founded | 1985, as a division of Monsanto Company |
| Headquarters | Chicago, Illinois, USA |
Key people | Craig R. Petray, Chief Executive Officer |
| Products | aspartame |
| Website | www.nutrasweet.com |
The NutraSweet Company makes and sells Nutrasweet, their trademarked brand name for the artificial sweetener aspartame, and Neotame. Aspartame was discovered in 1965 by James M. Schlatter, a chemist working for G.D. Searle & Company. Aspartame has gained regulatory approvals, after applying for fifteen years, permitting its sale in more than 100 countries. Despite losing market share in recent years to sucralose,[1][2] the NutraSweet Company states that its product is used in more than 5,000 products and consumed by some 250 million people worldwide.[3]
Robert B. Shapiro was Chairman and CEO of the Nutrasweet Company from 1982 to 1990. Monsanto bought Searle in 1985. In March 2000, Monsanto, which was then a subsidiary of the Pharmacia corporation, sold NutraSweet to the private equity firm J.W. Childs.[4]
See also
- Aspartame
- Aspartame controversy
- Excitotoxicity
- Merisant, a different company that also makes sugar substitutes (including Equal, another aspartame-based product)
- Sugar substitute
- Sweet'n Low
References
- ^ John Schmeltzer (2 December 2004). "Equal fights to get even as Splenda looks sweet]" (subscription required). Chicago Tribune. Retrieved 2007-07-04.
- ^ Carney, By Beth (2005-01-19). "It's Not All Sweetness for Splenda". BusinessWeek: Daily Briefing. Retrieved 2008-09-05.
- ^ NutraSweet.com
- ^ the NutraSweet Company. "NutraSweet Company: Company Profile". Retrieved 2009-05-18.