Reformulation (noun)

1. The process of revising or changing the formulation of something, such as a product or a policy.
2. A new or revised formulation of something.

Origin:

From the latin word "re-" meaning "again" and "formulation" meaning "the process of formulating or creating something".

Examples:

1. The company is conducting a reformulation of their popular product to make it more sustainable.
2. The government's reformulation of their education policy aims to improve student outcomes.
3. The scientist's reformulation of the theory has been met with skepticism from peers.
4. The reformulation of the medication has resulted in fewer side effects.
5. The reformulation of the diet plan has helped many people to lose weight.