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.
  • Patent Activity: Colgate-Palmolive

    Patent Activity: Colgate-Palmolive

    December 6, 2016
    New oral care compositions, the use of radish root ferment filtrate in a cleanser and more.

  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • Slow & Steady

    Slow & Steady

    Tom Branna, Editorial Director||December 1, 2016
    In a tumultuous environment, steady gains posted in the industrial and institutional cleaning sector are welcomed.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna, Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.