ChromaDex

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
ChromaDex, Inc
Public
Traded asNASDAQCDXC
Russell 2000 Index component
IndustryDietary supplements, food ingredients
Founded1999
HeadquartersIrvine, California, United States
Key people
Rob Fried
(CEO)
Frank Jaksch
(Co-Founder, Executive Chairman)
ProductsTru Niagen
Websitewww.chromadex.com

ChromaDex is a dietary supplement and food ingredient company based in Irvine, California founded in 1999 that is publicly traded on the NASDAQ.

In 2011, Cornell University announced it granted ChromaDex exclusive worldwide rights to a novel manufacturing process for nicotinamide riboside which it markets and sells as an ingredient under the brand name Tru Niagen.[1] The firm also offers contract research services for sourcing raw materials, identifying new compounds, and developing processes for large scale manufacturing.[2] ChromaDex licensed patents from the University of Mississippi and the USDA to commercially develop pterostilbene and sell the compound trademarked as pTeroPure via the company's BluScience product line.[3] ChromaDex no longer sells PteroPure.

Elysium Health bought the ingredients in its "Basis" product from ChromaDex.[4] The two firms had an agreement under which Elysium didn't have to acknowledge ChromaDex as the source of the ingredients, but then after Elysium recruited the head of manufacturing from ChromaDex and stopped paying ChromaDex, ChromaDex sued Elysium and the information became public.[5]

References[edit]

  1. ^ "Got nicotinamide riboside?". Life Extension. 2007-05-04. Retrieved 2012-05-29.
  2. ^ "OTC Markets Stock Profile CDXC". OTC Markets. Retrieved 2016-03-21.
  3. ^ Neeb, Matthew (2011-06-20). "Ole Miss grants exclusive patent rights to ChromaDex Corp". The Daily Mississippian. Retrieved 2012-05-25.
  4. ^ Zhang, Sarah (July 6, 2016). "The Weird Business Behind a Trendy "Anti-Aging" Pill". Wired.
  5. ^ Buhr, Sarah (January 16, 2017). "A new lawsuit alleges anti-aging startup Elysium Health hasn't paid its sole supplier". TechCrunch.

External links[edit]