Thorne Research And HerbalScience Group Announce Discovery And Development Deal For Line Of Natural Health Products
SANDPOINT, Idaho, Feb. 22, 2013 /PRNewswire/ -- Thorne Research, Inc., a leader in developing and manufacturing pure, high-quality nutritional supplements and personal care products marketed through medical professionals, today announced that the company has entered an exclusive research, licensing, and distribution joint venture with HerbalScience Group (HSG) of Naples, Florida.
The new joint venture will discover and develop products from the extensive HSG natural chemistry libraries, using the company's proprietary formulation and manufacturing technology to create consistent, reproducible extracts. Products will be marketed and distributed through Thorne's established global marketing network for high-quality nutritional supplements, and other healthcare and personal care products.
"This strategic joint venture will allow Thorne to accelerate our goal of becoming the leading global lifestyle medicine company, by combining the professional portfolio and commercialization capabilities of Thorne Research with the extensive HerbalScience library of market-ready ingredients that target major clinical endpoints," said Paul Jacobson, CEO of Thorne Research. "The collaboration will build on the current Thorne brand to become one of the most respected and valued companies in the lifestyle medicine industry, while advancing Thorne's goal of providing complete transparency on safety and efficacy issues relevant to the natural health products industry."
Through this strategic development deal, Thorne will be able to access HSG's market-ready pipeline of over 1,000 extracts for use in the manufacture and commercialization of supplements, functional foods, beverages, medical foods, and other products. The HSG disruptive technology platform is able to tightly control for multiple active compounds in every extract, provide assay-based confirmation of biological activity during product manufacture, define human pharmacokinetics on all extracts, and facilitate the most sophisticated safety tracking program in the industry. HSG's manufacturing technology has been designed to conform to the rigorous chemical manufacturing controls (CMC) of botanical drug specifications instituted by the U.S. Food and Drug Administration (FDA) and is FDA 21CFR211 compliant.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV