News was just released that Nutrition21, LLC ("Nutrition21") has settled its patent dispute with Ultra-Lab Nutrition (dba Beast Sports Nutrition "Beast Sports"), which was infringing on the company's patent portfolio covering chromium picolinate. The financial terms of the settlement are confidential, however, in conjunction with the agreement, Beast Sports has agreed to enter into a licensing agreement for use of Nutrition21's patented ingredient, Chromax®. For those that don't know (which is most of us!) Nutrition21 currently holds over 100 domestic and international issued and pending patents supporting the unique claims for its products, including Chromax®, Nitrosigine®, Velositol®, nooLVL®, and Lepidamax®.
Sara O' Brien, General Counsel, Nutrition21, said, "This license was signed after we alerted Beast Sports that their product was infringing on our patent portfolio covering chromium. As a result of their agreement to sign our license and begin using Chromax in Beast Creature, Nutrition21 has decided not to bring a patent infringement lawsuit."
What Is Chromax®?
Chromax® is different from other forms of chromium because of its stable chemical structure and supposedly has superior absorption. It is also supported by 35 human clinical studies and has been affirmed as Generally Recognized as Safe (GRAS) at clinically substantiated doses. Chromax is also Prop 65-compliant through independent verification.
This agreement Beast Sports has made to license Chromax® branded version of Chromium Picolinate is a good move, as this gives them access to more claims based on research studies. It also provides users with the peace of mind, knowing they're using a pure source ingredient.
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SOURCE: PR Newswire