Breaking News

Nu Skin To Acquire Nox Technologies

January 23, 2013

Nu Skin is looking for new avenues to find anti-aging solutions. The company will acquire Nox Technologies, Inc., a biotechnology and biodiagnostic company based in Malvern, PA for $12.5 million. The agreement includes the acquisition of technology and patents, including previously licensed technology already utilized in connection with Nu Skin’s anti-aging research efforts.

“The acquisition of Nox Technologies demonstrates our ongoing commitment to scientific innovation and provides us with additional tools to target the sources of aging,” said chief scientific officer Joe Chang, Ph.D. “Furthermore, we believe the acquisition will enhance our long-term pipeline of scientifically validated anti-aging solutions for health, beauty and wellness.”

Nox Technologies provides Nu Skin scientists with a deeper understanding of the aging process and supports the company’s ability to understand important sources of aging. arNox, an age-related protein identified by Nox Technologies, is found on the cell surface and is capable of superoxide generation, a relevant aspect of the aging process.

“This merger is the culmination of many years of working with Nu Skin researchers on our arNox technology. Nox Technologies’ translation of the basic science around arNox paved the way for this unique technology to be incorporated into Nu Skin’s successful anti-aging research and development efforts,” said Thomas B. Shelton, CEO, Nox Technologies.

The acquisition is subject to customary closing conditions. Closing is expected by the end of the year.
blog comments powered by Disqus
  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.

  • TLC for Those Who Need It Most

    TLC for Those Who Need It Most

    Christine Esposito, Associate Editor||August 22, 2016
    New curriculum debuting at Bellus Academy helps estheticians treat a population that needs TLC.