Scigenic to export US$30 million worth of natural product

Scigenic, a local bioventure firm, says that it signed with Celture Chem. of the US, a health food manufacturer, for its export of INM176, a health food ingredient for the prevention or treatment of dementia.

Under the agreement, Scigenic will supply to Celture Chem. a total of $30 million worth of INM176 until 2003, while Celture Chem. will have its exclusive marketing right in the US as a...