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Niagen Bioscience, Inc. Announces Name Change from ChromaDex and New Ticker Symbol “NAGE”

Effective March 19, 2025, ChromaDex Corporation has officially changed its name to Niagen Bioscience, Inc., reflecting our sharpened focus on pioneering NAD+ science and our flagship ingredient Niagen®. In conjunction with this corporate rebranding, our NASDAQ ticker symbol will change from "CDXC" to "NAGE" at market open on March 19, 2025.

The company's shares will continue trading on the NASDAQ Capital Market under the new ticker symbol "NAGE." No action is required by current shareholders, as outstanding stock certificates remain valid and will not need to be exchanged. 

While adopting the Niagen Bioscience identity, the company will continue to provide gold standard reference standards services. This strategic rebranding aligns our corporate identity with our scientific leadership in NAD+ research and our commitment to advancing cellular health innovations.

We are a global bioscience company uncovering the potential of NAD+ with precision science.

Niagen Bioscience, led by world-renowned scientists working with global research institutions, pioneers research on nicotinamide adenine dinucleotide (NAD+). This essential coenzyme, present in all living cells, is fundamental to mitochondrial bioenergetics, metabolic homeostasis, and genomic stability. Research shows NAD+ levels decline with age and stress, correlating with diminished cellular function and physiological resilience.

Distinguished by uncompromising scientific standards, the company has developed patented Niagen® (nicotinamide riboside, NR), which demonstrates superior efficacy compared to other NAD+ precursors in clinical trials. This proprietary compound powers evidence-based NAD+ enhancement solutions available in both forms: pharmaceutical-grade intravenous and injectable formulations under Niagen Plus, and high-bioavailability oral supplements like Tru Niagen. Our comprehensive intellectual property portfolio safeguards these innovations while we continue to advance the scientific understanding of NAD+ metabolism and its implications for human health.

Key Investment Highlights

  • Global authority on NAD+ with significant market opportunity across wide-ranging categories ($500B+ TAM in human and pet nutrition, cosmetics and pharmaceuticals)
  • Proven and proprietary NAD+ boosting supplement (Tru Niagen) with $76.8 million in sales in 2024 and $17.5 million of Niagen ingredient sales in 2024 to food nutrition and supplement companies
  • Strategic partnerships to grow Tru Niagen global distribution footprint with a focus on Asia Pacific
  • Launch of Niagen Plus (pharmaceutical-grade IV and injectable Niagen) in 2024, targeting the global intravenous hydration therapy market valued at $2.32 billion globally and $1.15 billion in North America (2022)
  • Independent scientific research supporting the benefits of proprietary ingredients with 30+ published clinical studies and $100MM+ of third-party research
  • Strong intellectual property portfolio with 80+ patents for Niagen and other NAD precursors, including pending patents for intravenous use
  • Strong financial position, with net income of $8.6 million and $8.5 million Adjusted EBITDA in 2024
  • First company in the U.S. to offer a novel ingredient both as a direct-to-consumer dietary supplement and as an intravenous and injectable pharmaceutical-grade product
(1) *Based on the top-selling dietary supplement brands by revenue per the largest U.S. e-commerce marketplace (as of 3/1/2023-2/29/2024).

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