09.01.08
ChromaDex, Irvine, CA, has entered into a worldwide license agreement with the Research Foundation of the State University of New York, on behalf of the University at Buffalo (SUNY Buffalo), to produce and market three classes of plant-based ingredients (anthocyanins, leucoanthocyanidins and anthocyanidins) for the nutraceutical, functional food, beverage, natural chemical, cosmetic and pharmaceutical industries. Under terms of the agreement, ChromaDex, who already made an up-front cash payment to SUNY Buffalo, will pay earned royalties on sales of covered technology products and services. The technology licensed to ChromaDex includes methods to selectively manufacture anthocyanins, leucoanthocyanidins and anthocyanidins, which are naturally occurring pigments and antioxidants.
