ChromaDex Launches Tru Niagen With iHerb, The World's Number One Online Destination For Health And Wellness
Portfolio Pulse from Happy Mohamed
ChromaDex Corp. (NASDAQ:CDXC) has announced a partnership with iHerb, a leading online health and wellness retailer, to distribute its product Tru Niagen globally. This move is expected to accelerate Tru Niagen's global expansion as nearly 90% of iHerb's sales are generated outside of the United States. iHerb has a larger global audience than Vitacost, VitaminShoppe, and GNC combined, with 10 million active customers across more than 180 countries.
August 08, 2023 | 12:55 pm
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ChromaDex's partnership with iHerb for the global distribution of Tru Niagen could potentially boost the company's sales and revenue, given iHerb's strong international presence.
The partnership with iHerb, a company with a strong international presence, positions ChromaDex's Tru Niagen for accelerated global expansion. This could potentially lead to increased sales and revenue for ChromaDex, positively impacting its stock price in the short term.
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