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Nutraceutical, a portmanteau of the words nutrition and pharmaceutical and was coined by Dr. Stephen L. De-Felice, founder and chairman of the Foundation of Innovation Medicine (FIM), Crawford, New Jersey. The term is applied to products that range from isolated nutrients, dietary supplements and herbal products, specific diets, genetically modified food, and processed foods such as cereals, soups, and beverages.In the US, the term has no meaning in the law, and "nutraceutical" products are regulated as drugs, dietary supplements, food ingredients, or food. The term is defined in Canadian law as referring to "a product isolated or purified from foods that is generally sold in medicinal forms not usually associated with food. A nutraceutical is demonstrated to have a physiological benefit or provide protection against chronic disease."