Nutraceutix name change
This article was originally published in The Tan Sheet
Executive Summary
Shareholders will be asked to approve company name change to SCOLR at annual meeting July 2. SCOLR, pronounced "scholar," stands for Self Correcting Oral Linear Release, which is the technology behind Nutraceutix' CDT drug delivery platform. In proxy materials filed with SEC, firm says new name better reflects "shift in focus from its nutraceutical business to developing its drug delivery technology." In March, Nutraceutix licensed to Archer Daniels Midland exclusive, worldwide rights to market ingredients incorporating CDT technology to supplement manufacturers (1"The Tan Sheet" April 8, 2002, p. 13)...
You may also be interested in...
Nutraceutix’ new moniker
Name change to SCOLR approved by shareholders July 2. New name, which stands for Self Correcting Oral Linear Release, is aimed at better reflecting Redmond, Wash.-based firm's shift in focus from the nutraceutical business to drug delivery technology development (1"The Tan Sheet" June 3, 2002, In Brief)...
ADM Novasoy Daily Dose Provides “Steady Delivery” Of Soy Isoflavones
Archer Daniels Midland will roll out Novasoy Daily Dose, incorporating Nutraceutix's patented Controlled Delivery Technology (CDT), to the dietary supplement industry over the next six months
Kenvue Breaks Ground On New Headquarters, Appoints Chief Corporate Affairs Officer
Firm hosts groundbreaking for 290,000 square-foot global headquarters it’s having built in Summit, NJ, starting with 100,000 square-foot science and innovation and expected to open in 2025. It announced adding Russell Dyer as chief corporate affairs officer starting 13 March.