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In Brief: Bionutrics

This article was originally published in The Tan Sheet

Executive Summary

Bionutrics: Novartis Nutrition purchases $3 mil. worth of Bionutrics stock in exchange for exclusive worldwide rights to evaluate Bionutrics' technology and rice bran-derived products for their potential as functional food ingredients, the firms announce Feb. 26. Bionutrics markets the evolvE dietary supplement for "cardiovascular health" containing Clearesterol (didesmethyl-tocotrienol), an ingredient derived from rice bran, nationwide in drug and mass market stores ("The Tan Sheet" March 17, 1997, p. 17)...
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