In the midst of growing demand and severe supply shortages of the dietary supplement ingredient CoQ10, Renaissance Herbs and Xian Haotian Bioegineering Co. have entered into an exclusive joint venture for the production and sale of high quality, synthetic-grade product. Effective March 2004, Renaissance will offer CoQ10 for sale in U.S and European markets at competitive prices. The companies plan for the manufacture and sale of 23,000 kg of CoQ10 between March and December of this year.
Renaissance Herbs, Inc. (www.renaissanceherbs.com) is a company dedicated to the research and development of the finest and most innovative botanical health care products available today. The company was founded in 1990 by Alex Moffett and maintains offices in Chatsworth, California; Bangalore, India; and Bangkok, Thailand. Xian Haotian Bioegineering Co. is a privately owned manufacturer of dietary supplement ingredients. Xian Haotian and its factory network are located in a modern manufacturing sector in Xian, China.