Chromadex ( (CDXC) ) has provided an update.
ChromaDex Corporation reported a strong third quarter in 2024, with a remarkable 31% increase in net sales, reaching $25.6 million. The growth was fueled by increased sales of Niagen® ingredients, including a significant rise in pharmaceutical-grade Niagen, resulting in a record net income of $1.9 million and an adjusted EBITDA of $2.9 million. The company expanded its Niagen+ product line to over 100 wellness clinics and continues to foster scientific research and development, positioning itself for future growth and innovation.
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