Market Updates

ChromaDex Acquires Spherix Consulting

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By: Sean Moloughney

ChromaDex Corporation, Irvine, CA, a natural products company that provides proprietary, science-based solutions and ingredients, and marketer of its branded, patented pterostilbene, pTeroPure, has completed the acquisition of Spherix Consulting, Inc., a subsidiary of Spherix, Inc., Bethesda, MD. As a result of the transaction, Spherix Consulting became a wholly-owned subsidiary of ChromaDex. Spherix Consulting will continue to maintain offices in the greater Washington, D.C. area.
The acquisition will complement and expand ChromaDex’s leadership in the reference standards and services business, as Spherix Consulting specializes in regulatory submissions for food and dietary supplement ingredients. By providing a more comprehensive suite of science-based and regulatory services, ChromaDex will to able to more efficiently advance products in the dietary supplement, food and beverage, animal health, cosmetic and pharmaceutical markets.

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