Crown Marketing to Establish Nutraceuticals Subsidiary
CHAPEL HILL, NC -- (Marketwired) -- 04/23/13 -- Crown Marketing (CWNM.OB) (OTCQB: CWNM) is pleased to announce that it has established a nutraceuticals subsidiary to be known as Crown Nutraceuticals, Inc. Crown Nutraceuticals will engage in the development, manufacturing and marketing of popular nutraceuticals and supplements.
The Global Nutraceuticals Product market is massive -- reaching over $142.1 billion in 2011 and is expected to reach $204.8 billion by 2017, growing at a CAGR of 6.3% from 2012 to 2017. Asia Pacific (including Japan) is expected to have the second largest market share after North America by 2017.
About The Company:
The parent of the new subsidiary, Crown Marketing holds patents for a novel Controlled Drug Delivery Technology (CDDT) harnessing the principles of chaos theory along with precise mathematical formulas for precise and programmable diffusion delivery.
The spectrum and reliability of pharmacokinetic profiles achievable with this technology is superior to currently marketed formulations. The technology's simple design allows for a high level of flexibility in matching chronotherapeutic requirements. Cost-efficiencies in the commercial manufacturing process, when compared to other drug delivery technologies, may constitute its most important competitive advantage.
The objective of intelligent drug delivery design amounts to maximizing the percent of the time drug plasma levels are within the therapeutic range and avoiding patient exposure to potentially toxic (High) or sub-therapeutic (Low) levels.
Crown's cost-effective application of controlled delivery technologies will play a major role in the expansion of the pharmaceutical, OTC and nutraceuticals industry through our ability to improve on the performance of immediate release products in a manner tangible to manufacturers and consumers.
More information can be found at: www.crowncddt.com
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact: Charles Van Der Ross 347-491-0565
Source: Crown Marketing