04.01.06
PacificHealth Laboratories Sells Sports Drink Assets to Mott’s
PacificHealth Laboratories, Inc., Matawan, NJ, has announced that Mott’s, Rye Brook, NY, has purchased the trademarks, technology and patents for its brands Accelerade and Endurox R4. Under the terms of the agreement, PacificHealth will receive $4 million initially, in addition to a royalty based on sales for a defined period. The company was also granted an exclusive royalty-free license to use the intellectual property and trademarks for the continued manufacture, distribution and marketing of Accelerade and Endurox R4 brands in powder and gel forms.
PacificHealth Laboratories, Inc., Matawan, NJ, has announced that Mott’s, Rye Brook, NY, has purchased the trademarks, technology and patents for its brands Accelerade and Endurox R4. Under the terms of the agreement, PacificHealth will receive $4 million initially, in addition to a royalty based on sales for a defined period. The company was also granted an exclusive royalty-free license to use the intellectual property and trademarks for the continued manufacture, distribution and marketing of Accelerade and Endurox R4 brands in powder and gel forms.