other material
confidence high
sentiment neutral
materiality 0.70
Niagen subsidiary ChromaDex signs exclusive NRCL supply deal with W.R. Grace through 2029
Niagen Bioscience, Inc.
- Exclusive supply of Nicotinamide-beta-Riboside Chloride (NRCL); Grace cannot sell to third parties.
- Initial term through April 30, 2029, with automatic 12-month renewals unless 90-day non-renewal notice.
- ChromaDex must purchase minimum annual quantities and provide rolling 24-month forecasts with first 12 months binding.
- Parties will negotiate a royalty-bearing license to Grace's NRCL manufacturing patents upon termination under specified conditions.
- 2025 product price set at $[***]/kg; each party may propose up to 5% price adjustment twice per year.