Novus International and ESM Technologies Sign Joint Venture
In addition to the Stratum relationship, Arenus, a Novus International business which develops multifunctional health and supplement products for companion animals has global exclusivity for use of NEM in animal supplements.
12/17/2010 --- Thad Simons, President and CEO of Novus International, Inc. and Hollis Osborne, Founder of ESM Technologies, LLC have signed the joint venture agreement to combine efforts in supporting the egg-derived ingredient business developed by ESM.
Previously Stratum Nutrition, a Novus International business which focuses on human nutrition through branded specialty and functional ingredients, and ESM had been working together under a strategic alliance termed a "Technology Partnership". Novus has founded a growing business on NEM, an eggshell membrane ingredient that is consistent with the strategic direction in joint and bone health.
In addition to the Stratum relationship, Arenus, a Novus International business which develops multifunctional health and supplement products for companion animals has global exclusivity for use of NEM in animal supplements.
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