ChromaDex Corporation, a leader in phytochemical reference standards and contract research, announced today that the Company awarded exclusive distributor rights to LGC Promochem India Pvt. Ltd. for the sale of its phytochemical reference standards in India. This partnership builds upon the long standing relationship between ChromaDex and its exclusive European distributor, LGC Standards.
"We are pleased to be expanding our relationship with LGC Standards by working exclusively with LGC Promochem India," Frank Jaksch, CEO of ChromaDex, said. "There is growing demand for ChromaDex products and services in the Indian marketplace and LGC Promochem India's visibility and presence in the Indian market will help to accelerate adoption. Our customers in this growing market will now have much better access to our comprehensive range of phytochemical products and services."
"LGC Standards and ChromaDex formed an exclusive European partnership in 2003 which has dramatically increased customer interest in phytochemical reference substances," said Claudia Ketteler, Business Section Manager of LGC Standards. "By sharing open and pro-active communications, ChromaDex has integrated suggestions from European users to develop new product ranges, allowing us to increase turnover and market share. LGC Standards is proud to be part of such a successful partnership."
ChromaDex is a world leader in the development of Phytochemical and Botanical Reference Standards and the creation of associated intellectual property. ChromaDex is committed to sustainable, "Green chemistry" and provides the dietary supplement, food, beverage, nutraceutical and cosmetic industries with the analytical tools, products, and services to meet the regulatory, quality, efficacy and safety standards for their products.
About LGC Standards
LGC Standards is the leading reference materials supplier in Europe. LGC Standards offers services supplying reference materials from the world's leading producers in combination with an in-house production facility which offers a wide variety of certified reference materials to suit the needs of the market. For more information visit www.lgcstandards.com
About LGC Promochem India
LGC Promochem India is a joint venture of LGC Standards specializing in the supply of reference materials to the Indian market. LGC Promochem India is headquartered in Bangalore and operates sales offices in Mumbai and Hyderabad.
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