ChromaDex Welcomes New CFO Ozan Pamir to Enhance Growth Strategy

Q: How does ChromaDex contribute to healthy aging?

ChromaDex focuses on NAD+ research and offers innovative products like Tru Niagen® that are clinically proven to increase NAD+ levels, supporting healthy aging.

Q: What is the significance of NAD+?

NAD+ is a coenzyme found in every cell, essential for energy metabolism. Its levels decline with age, affecting overall health and vitality.

ChromaDex Welcomes New CFO Ozan Pamir to Enhance Growth Strategy

Author: Hannah Lewis Updated: 09-20-2024 08:58 AM

ChromaDex Appoints Ozan Pamir as New CFO

ChromaDex Corp. (NASDAQ: CDXC), a recognized leader in nicotinamide adenine dinucleotide (NAD⁺) research, has made an important move by appointing Ozan Pamir as its new Chief Financial Officer. This decision underscores the company’s commitment to enhancing its financial strategies as it continues to focus on promoting healthy aging.

Leadership Transition at ChromaDex

Ozan Pamir's appointment is effective from October 21, 2024. He will oversee ChromaDex's corporate finance operations, which include comprehensive responsibilities such as accounting practices, strategic financial planning, and bolstering investor relations. Reporting directly to Rob Fried, the CEO of ChromaDex, he steps into a pivotal role during a critical growth phase for the company.

Expertise and Background of Ozan Pamir

Before joining ChromaDex, Mr. Pamir served as CFO for 180 Life Sciences, a biotechnology firm traded on NASDAQ focused on treating inflammatory diseases. His contributions were vital in facilitating the company’s NASDAQ listing and successfully navigating several funding efforts. Mr. Pamir is well-versed in the biotech sector; he has held CFO and board member roles at two early-stage biotech companies. His roots in finance stem from his position as VP of Investment Banking at a prominent independent investment bank, where he played a key role in forming the Origination department, focusing on strategic development for life sciences companies.

Vision and Goals for ChromaDex

Upon his appointment, Mr. Pamir expressed his enthusiasm for joining ChromaDex and highlighted his objective of enhancing the organization’s financial strategies. He aims to ensure sustainable value creation for shareholders while reinforcing the impressive fiscal discipline that ChromaDex exhibits.

ChromaDex's Mission and Market Position

ChromaDex Corp. is devoted to exploring the promising potential of NAD⁺ as it relates to health and longevity. As a vital coenzyme present in every cell of the human body, NAD⁺ tends to diminish with age and various stressors, contributing to age-related declines in health and vitality. The company is synonymous with scientific rigor, safety, quality, and transparency.

Innovative Product Line – Tru Niagen

ChromaDex is renowned for its flagship product, Niagen^® (patented nicotinamide riboside), recognized as one of the most efficient NAD⁺ boosters available. This active ingredient is a prominent feature of ChromaDex’s consumer products, branded under Tru Niagen^®, which has today become the leading healthy-aging NAD⁺ supplement in the United States.

Commitment to Quality and Research

ChromaDex’s dedication to maintaining a robust patent portfolio safeguards its innovations surrounding NR and other NAD⁺ precursors. The company actively collaborates with top researchers and scientists globally to unlock the comprehensive potential of NAD⁺. Their commitment not only elevates their reputation in the market but also contributes significantly to public awareness of healthy aging.

Frequently Asked Questions

Who is Ozan Pamir?

Ozan Pamir is the newly appointed Chief Financial Officer of ChromaDex, previously serving as CFO of 180 Life Sciences with significant experience in the biotech industry.

What are Ozan Pamir's responsibilities at ChromaDex?

As CFO, Ozan Pamir will oversee corporate finance, strategic financial planning, accounting, and investor relations to help drive the company’s growth.

How does ChromaDex contribute to healthy aging?

ChromaDex focuses on NAD⁺ research and offers innovative products like Tru Niagen^® that are clinically proven to increase NAD⁺ levels, supporting healthy aging.

What is the significance of NAD⁺?

NAD⁺ is a coenzyme found in every cell, essential for energy metabolism. Its levels decline with age, affecting overall health and vitality.

Where can I find more information about ChromaDex?

For further details about ChromaDex, you can visit their official website at www.chromadex.com.

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