Full Press Release Details
ChromaDex announces an exclusive worldwide patent license and
research agreement with The Scripps Research Institute to identify
the potential role of NIAGEN in treating
IRVINE, Calif., June 12, 2017 (GLOBE NEWSWIRE) -- ChromaDex
Corp. (NASDAQ: CDXC), an
innovator of proprietary health, wellness and nutritional
ingredients that creates science-based solutions for dietary
supplement, food and beverage, skin care, sports nutrition, and
pharmaceutical products announced today that it has signed a new,
exclusive patent license and research agreement with The Scripps
Research Institute (TSRI), gaining access to groundbreaking,
pre-clinical discoveries by Dr. Brunie Felding.
Felding's patented discoveries include the enhancement of
NAD+ metabolism through treatment with NAD+ precursors to
potentiate the effects of endocrine therapy in breast cancer,
inhibit resistance of breast cancer cells to endocrine therapy, and
re-instate sensitivity in breast cancer cells that are unresponsive
to endocrine treatments such as Tamoxifen. The research agreement
will build upon the previous material
transfer agreement, and if successful, will yield the data
and tools required for the development of a clinical trial
evaluating a novel combination therapy consisting of nicotinamide
riboside (NR) and endocrine therapy in the treatment of breast
acquisition brings the total number of patents and patents pending
relating to nicotinamide riboside, owned or exclusively licensed by
Founder and CEO, Frank Jaksch, stated, TSRI was one of the
first institutions we signed a material transfer agreement with on
NR back in 2013. It's great to see that TSRI's
discoveries have now sparked a collaborative partnership that could
lead to another drug application.
Scientific Affairs Director, Amy Boileau commented, Though
the research is still early stage, the findings by Dr. Felding and
her team are remarkable. We are thrilled to expand our partnership
with TSRI and continue advancing research that holds great promise
for improved treatment of breast cancer.
TSRI team is equally pleased to build upon the existing
partnership. Our research indicates that normalizing tumor
cell metabolism could very efficiently enhance cancer
therapy, said Dr. Felding. The planned studies may
identify a novel way to enhance treatment responses and improve the
quality of life for cancer patients.
new research program adds to a robust, existing lineup of over 100
collaborative research studies with leading universities and
research institutions, representing an estimated $50 million in NR
research. Being publicly traded on NASDAQ, ChromaDex gives the
public an opportunity to invest in the business of science-based
technologies that promote healthy aging and longevity. For more
information on ChromaDex, visit www.chromadex.com.
ChromaDex leverages its complementary business units to discover,
acquire, develop and commercialize patented and proprietary
ingredient technologies that address the dietary supplement, food,
beverage, skin care and pharmaceutical markets. In addition to our
ingredient technologies unit, we also have business units focused
on natural product fine chemicals (known as "phytochemicals"),
chemistry and analytical testing services, and product regulatory
and safety consulting. As a result of our relationships with
leading universities and research institutions, we are able to
discover and license early stage, IP-backed ingredient
technologies. We then utilize our in-house chemistry, regulatory
and safety consulting business units to develop commercially viable
ingredients. ChromaDex's current proprietary ingredient
portfolio is backed with clinical and scientific research, as well
as extensive IP protection. In addition to
NIAGEN nicotinamide riboside;
pTeroPure pterostilbene;
PURENERGY , a caffeine-pTeroPure co-crystal;
IMMULINA , a spirulina extract; and
AnthOrigin , anthocyanins derived from a
domestically-produced, water-extracted purple corn
Forward-Looking Statements:
This release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities and Exchange Act of 1934, as
amended, including statements related to the discoveries and
research by Dr. Felding, the potential role of
NIAGEN in treating breast
cancer, the potential for future clinical trials and drug
applications, whether normalizing cell metabolism may enhance
cancer therapy, and the results of the NIAGEN studies
and their significance. Statements that are not a description of
historical facts constitute forward-looking statements and may
often, but not always, be identified by the use of such words as
"expects", "anticipates", "intends", "estimates", "plans",
"potential", "possible", "probable", "believes", "seeks", "may",
"will", "should", "could" or the negative of such terms or other
similar expressions. More detailed information about ChromaDex and
the risk factors that may affect the realization of forward-looking
statements is set forth in ChromaDex's Annual Report on Form 10-K
for the fiscal year ended December 31, 2016, ChromaDex's Quarterly
Reports on Form 10-Q and other filings submitted by ChromaDex to
the SEC, copies of which may be obtained from the SEC's website at
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof,
and actual results may differ materially from those suggested by
these forward-looking statements. All forward-looking statements
are qualified in their entirety by this cautionary statement and
ChromaDex undertakes no obligation to revise or update this release
to reflect events or circumstances after the date
ChromaDex Public Relations Contact:
Ostendorf, Director of Marketing