Today’s NR news, mentioned by Dave in the comments:
ChromaDex added Rudolph Tanzi, the Vice-Chair of Neurology and Director of the Genetics and Aging Research Unit at Massachusetts General Hospital and a professor of neurology at Harvard Medical School. He gave a TEDx Talk early this year where he predicted that Alzheimer’s Disease will be beaten by 2025.
* * * * *
I’d like to know why ChromaDex’s stock is still only $3.90 a share* given that the CEO says it will release its impressive human trial results this summer. No detailed results from Elysium either despite having its 120 human trial data for about a year.
* I don’t own Chromadex stock – just enjoying the show.
Dave in comments pointed to this, which has been discussed in terms of the science but now the business partnership is official:
“Felding’s patented discoveries [at Scripps] include the enhancement of NAD+ metabolism through treatment with NAD+ precursors to potentiate the effects of endocrine therapy in breast cancer, inhibit resistance of breast cancer cells to endocrine therapy, and re-instate sensitivity in breast cancer cells that are unresponsive to endocrine treatments such as Tamoxifen.
“Our research indicates that normalizing tumor cell metabolism could very efficiently enhance cancer therapy,” said Felding. “The planned studies may identify a novel way to enhance treatment responses and improve the quality of life for cancer patients.”
Princeton economist Alan Blinder explained on Diane Rhem’s NPR podcast that the U.S. population is growing at just 0.3% when explaining why the Trump budget projections of 3% GDP growth are way off. Actually, it it is his numbers that are way off as the population has been growing at 0.8% since 2009.
Blinder on why historical 3% growth is impossible (16:20):
“Let me give you one reason and that is arithmetic, which he should understand, which is that our population growth is a lot lower than it was back then. If you go back to the 3% growth period, population growth was on the order of 1.2%, or something like that. Now we’re down to .3% per annum. That takes a whole point off the growth rate – nine tenths of a point. It’s just arithmetic! You don’t have a country with negligible population growth as the same country with when it has *high* population growth. You don’t need to study economics to understand that.”
But this is wrong in both directions.
Population growth was about 1.0% in the 70s, 0.9% in the 80s, 1.1% in the 90s, 0.9% from 2000 to 2008 and .8% from 2009 to 2015.
So the actual drop is from 1.0% to 0.8%, a 0.2% point drop, not the 0.9% drop Blinder claims.
ChromaDex announced at its recent shareholders meeting that they are in the process of marketing NR/Niagen on their own and are cutting off sales of NR (Nicotinamide Riboside) to vendors like Elysium as well as the 40 or so others as they are
“clearing the playing field for us to set the stage for us to make an investment in our own consumer product brand is a priority for us. The short answer is that we are clearing the playing field right now, and we expect it to be substantially cleared as this year progresses, and we expect a lot of it to be cleared by the end of the year…
….Most of them will eventually run out of inventory, but there is also the possibility that we may be able to clear it by potentially just taking some of that inventory on our own and removing it so that we can clear a path in a more efficient way. and we’re evaluating several different ways. I don’t foresee that it will go out for a long period of time that you’ll see a lot of inventory out there.”
ChromaDex added that they are “open to [selling NR to some vendors] but that’s all that we can say right now.”
To which I say “highly unlikely.” Why would ChromaDex spend millions of dollars transitioning to becoming a retailer of NR and still keep selling NR to a few large vendors?
Elysium has a large stock of NR from its unusually large purchase from ChromaDex last June, a month after its 120 person trial of NR at 250 mg and 500 mg started. To keep selling BASIS (NR with pterostilbine), Elysium could buy up other vendor’s stock that are willing to sell at a small marked up price. Then they could announced a new product that does not rely on NR or ptersotilbine later this year or early next year.
Also, ChromaDex has lost its [corrected: first round of the] court case against Elysium but Elysium’s complaints will still be heard. From The Right of Assembly that has been reporting on this case:
“The federal district court dismissed both of ChromaDex’s tort claims — fraudulent deceit and trade secrets — although ChromaDex is entitled to amend its complaint and assert with more specificity why the thing that Elysium allegedly stole was a trade secret.
The federal district court refused to dismiss Elysium’s fraud and patent misuse claims, but did dismiss Elysium’s unfair trade practices claim.”
David Sinclair of resveratrol fame told The Washington Post at age 45 in 2015 that he was taking 1000 mg of resveratrol a day in 2015 yet in an interview printed yesterday, he said before taking 500 mg of NMN a day that his blood work showed that his biological age was 58 and that a few weeks latter was that of a 32 year old.
Sayonara to resveratrol.
NMN is supposedly very similar to NR that is sold by Chromadex to vendors like HPN and Elysium, yet it is currently not cheap. Sinclair said that 500 mg of NMN costs him around $20 a day where as 500 mg of NR would cost just under $2 a day.
Sinclair is a multimillionaire so has enough loot to take $20 a day of a 500 mg capsule but if NR is superior or equivalent to NMN than why pay 10 times as much?
He says that he is testing NMN on human subjects for 6 months from this fall in Boston and estimates it will take 3 to 5 years to develop this “drug” that is already available as an expensive supplement. He says his 77 year old father is taking it and reportedly has the endurance of a man in his 20s or 30s.
Here is the interview
The New Yorker has a recent article entitled “The Silicon Valley Quest to Live Forever”, which covers several angles of how various researchers are trying to extend human longevity.
Elysium and its first product Basis was mentioned toward the end before a blurb on how Ray Kurzweil intends to resurrect his father, who died of heart failure over 45 years ago, as an A.I avatar. There is a big jump between a potential health pill like Basis and A.I. based resurrection…
The writer visits M.I.T. biologist and co-founder of Elysium, Leonard Guarente:
There are no clinical data yet that Basis does anything useful in humans, so, when I visited Guarente in his office at M.I.T., I asked if he’d noticed any effects from taking it. “I have,” he said. He glanced at Elysium’s P.R. person. “Can I say it? It is O.K.?” She gave a calibrated nod, and he said, “My fingernails grow faster.” And what does that mean? “I don’t know. But something.”
So there we have it! Proof positive that NR extends human longev… fingernails.
But after talking with Guarente, the writer must have known that Elysium has sent detailed results of its trial from last summer off for publication but decided not to include that important point. And we also no know that the sole supplier of NR, Chromadex, will announce its own similar trial results sometime this June or July.
OK sports fans, NR (a potential anti-aging vitamin B3 derivative) monopoly supplier ChromaDex has recently said that it will release the results of its 8 week 140 person trial of NR in groups of 35 at 100 mg, 300 mg, 1000 mg and a sugar cube with 0 mg of NR in June or July.
This may sway Elysium with its seven Nobel Prize laureates, who is being sued by Chromadex for withholding payment from last July*, to release the results of its own 8 week 120 person study (non-obese 60 to 80 year olds) taking NR at 250 mg, 500 mg and a sugar cube on its website from last summer faster than a science journal that will publish the results this year.
Website = fast; journal = slow.
I think it is possible that Elysium is withholding detailed results of changes in glucose levels, lipid levels, blood pressure, 6 minute walk test, etc. because they aren’t sure how to price NR with new information. That is, 500 mg a day, which is $1.80 for NR may prove much more effective than the current recommended 250 mg for $.90 a day. Just a hunch.
*Elysium knew the results of the first 4 weeks of its trial in late June, bought a lot more NR from wholesaler Chromadex, and insisted on lower price. ChromaDex balked at selling to Elysium at the much lower price and sued for payment that has been withhheld. At the same time, Elysium snared a pretty high level Chromadex employee to its company.