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Nutraceutix’ new moniker

This article was originally published in The Tan Sheet

Executive Summary

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)...

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Nutraceutix name change

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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