Buffalo, NY 12/11/2009 1:20:22 AM
News / Business

Vivakor, Inc. signs $5 million license agreement

The $5million license agreement between Vivakor, Inc. and Regeneca International, Inc. that was announced earlier today gives rights to Regeneca distribution to a new cutting-edge nutraceutical formulation developed by Vivakor and provides for the development of future formulations by Vivakor for Regeneca.

 

Vivakor CEO Tannin Fuja expressed his enthusiasm for the transaction, "We are extremely enthusiastic about the significant growth potential of Vivakor's growing line of nutraceutical products. Worldwide demand for nutraceutical products is expected to exceed $15 billion and Vivakor plans on being a substantial player in that market."

 

 

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About Vivakor, Inc.

Vivakor(TM) is a biomedical/biotechnology company with transdisciplinary research that develops and acquires products in the fields of molecular medicine, electro-optics, biological handling and natural and formulary compounds including nutraceutical products, that extend or improve life.

 

 

 

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