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A Letter from the ChromaDex Chief Executive Officer

Key Takeaway: A Letter from the ChromaDex Chief Executive Officer Calif., Feb. 23, 2017 (GLOBE NEWSWIRE) - The following is issued on behalf of ChromaDex: Fellow Shareholders: January 2016, I issued a shareholder letter wherein I described in some detail my enthusiasm surrounding the eno

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A Letter from the ChromaDex Chief Executive Officer
Calif., Feb. 23, 2017 (GLOBE NEWSWIRE) - The following is issued on
behalf of ChromaDex:
Fellow Shareholders:
January 2016, I issued a shareholder
letter wherein I described in some detail my enthusiasm
surrounding the enormous commercial opportunity we have with our
nicotinamide riboside
(NR), a next-generation form of
Vitamin B3 with what I believe has blockbuster potential in the
emerging category of NAD+ (nicotinamide adenine dinucleotide)
What makes NR unique is its scientifically proven ability to
increase production of the co-enzyme, NAD+. As we age, NAD+ levels
decline. Such declines have been implicated in mitochondrial
dysfunction and poor cellular energy metabolism, whereas increases
in NAD+ levels are consistently being linked to improved
mitochondrial function. Recent publications have reported the
beneficial impact of NAD+ on conditions as far ranging as glaucoma
to chemotherapy-induced neuropathy. This
ever growing body of evidence demonstrating the importance of NAD+
is key to keep in mind when considering the potential
saw continued growth in the number of published research studies,
as well as subsequent media attention regarding NR and NAD+ and
their importance in healthy aging. In fact, since the
launch of NIAGEN , there have
been more than 60 published studies involving NR. During the
same time, there were nearly 500 studies that have published
referencing NAD+ and aging. To support the
education of the general public on these new, but growing areas of
interest, we are helping to develop and curate an educational
entirely to education on the topics of NR and NAD+. With the help
of many of the world's foremost research authorities on these
topics, we believe this site will become the
scientifically-validated,
information hub for NR and NAD+ education.
We believe NIAGEN will
eventually become part of an important nutrient deficiency story
similar to vitamin C, vitamin D, folic acid, Co-Enzyme Q-10,
fatty acids (DHA and EPA). Ingredients that
address nutrient deficiencies are among the largest in the
ingredient market, and are currently estimated to have a value
between $2 billion and $2.5 billion as reported by Nutritional
blockbuster vitamins and ingredients are commonly found in many
mainstream consumer products including food, beverage, supplements,
multi-vitamins, early-life nutrition, medical food, skin care,
sports nutrition, and even pharmaceutical products. We believe
is on track to become the next blockbuster ingredient, and as such,
we expect it will eventually be incorporated in all of these types
blockbuster vitamins and ingredients that have a high level of
customer awareness also have a substantial number of published
research and clinical studies validating their safety and health
benefits. In fact, there is a strong correlation showing that the
higher the number of published studies on an ingredient, the higher
the amount of revenue the ingredient ultimately
the past three years, we have established over 100 collaborative
agreements with leading universities and research institutions to
study the safety and efficacy of NIAGEN .
To put this into perspective, a typical new ingredient is fortunate
to have five or six collaborative studies in
the first three years. I am not aware of any other
vitamin or ingredient in recent history that has been the subject
of such tremendous interest at the research level at such an early
stage in its lifecycle. Simply put, I believe this level of
scientific interest in NIAGEN
may be an enormous early validation of its blockbuster potential.
It is also important to
note that ChromaDex is not bearing the cost of these studies, which
we estimate could surpass $40 million. Moreover, we expect the
number of collaborative research studies for
The number of studies
showing positive effects
are approaching an inflection point where peer-reviewed published
clinical data are likely to result in additional commercial
opportunities for NIAGEN .
indications point to 2017 being a pivotal year for ChromaDex in
both continued published research and business development
activity. We believe positive data from both human and animal
studies will deepen the validation of NIAGEN
safety, function, applications and efficacy, and become a primary
driver in ChromaDex's striking business development deals and
substantial revenue opportunities with large consumer product
are currently twelve human clinical studies on nicotinamide riboside
(NR) that are in various phases that can be found on
all of these studies, two are fully sponsored by
Results from ChromaDex's (KGK Synergize)
completed human clinical trial of NIAGEN along
with an animal study component, were published in
Nature Communications in
October 2016. The studies confirmed that NIAGEN is
safe and can significantly elevate NAD+ more efficiently than other
forms of Vitamin B3.
ChromaDex's (KGK Synergize)
study is a 140 participant
trial that will evaluate the effect of repeated doses of
on NAD+ metabolite concentrations in blood, urine and muscle in
healthy adults. This study will evaluate the impacts of 3 dose
compared to a placebo. One quarter of subjects will receive the low
(100 mg), one quarter will receive the moderate dose of
(300 mg), one quarter will receive the higher dose of NIAGEN
(1000 mg) and one quarter will receive the placebo. The recruitment
Last updated: Feb 23, 2017