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)...
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