Cardax Refutes Allegations by Competitive Trade Group, NAXA
HONOLULU, Dec. 5, 2017 /PRNewswire/ -- Cardax, Inc. (OTCQB: CDXI) today refuted numerous false and baseless allegations made by the Natural Algae Astaxanthin Association ("NAXA") in a "citizen" petition that it recently filed with the Food and Drug Administration ("FDA"). NAXA is a small trade group with four members: Cyanotech Corporation (manufacturer of BioAstin®), Algatechnologies, Algae Health Sciences, Inc., and Alphy Biotech - each of which markets astaxanthin products made from poorly characterized microalgal extracts in direct competition with Cardax's premium astaxanthin dietary supplement, ZanthoSyn®.
ZanthoSyn®, Cardax's premium astaxanthin dietary supplement for inflammatory health and longevity, is supported by more than 1,500 peer reviewed papers and 50 proof-of-concept human clinical studies, and the product carries a GRAS ("Generally Recognized as Safe") safety designation in accordance with FDA regulations. Moreover, ZanthoSyn® offers superior purity and absorption advantages compared to microalgal astaxanthin.*
"We are fully confident in the anti-inflammatory health benefits, safety, and regulatory status of ZanthoSyn®. NAXA's allegations are simply spurious and do not present a good faith, scientifically credible assessment of the facts," said David G. Watumull, Cardax CEO. "We have developed our strong regulatory position with leading FDA regulatory consultants who held senior positions at the FDA, and are confident that ZanthoSyn® fully complies with all FDA regulations. Facts do matter, and the public should not be swayed by NAXA's false and baseless claims that misinform the consumer. We believe that NAXA's efforts are simply a transparent attempt to attack our successful product offering, and that these efforts to create market confusion are being driven by our competitors. Accordingly, we have demanded that NAXA immediately stop making such reckless and unsupported statements."
"Promoting the health and well being of our consumers is and always will be the paramount focus of Cardax," Watumull added. "In the meantime, we will take every prudent step to strongly defend the integrity of ZanthoSyn® and protect our fast growing company from these meritless attacks. Cardax will not let this thinly-veiled PR stunt divert our focus from continuing to grow the ZanthoSyn® sales and marketing program nationwide."
Below are Cardax's responses to the baseless allegations contained in NAXA's November 27, 2017 petition to the FDA:
1. The astaxanthin in ZanthoSyn® is Generally Recognized as Safe
("GRAS").The astaxanthin in ZanthoSyn® is AstaSana(TM), a synthetic
astaxanthin ingredient manufactured by DSM Nutritional Products ("DSM"),
which is part of Koninklijke DSM N.V., a Dutch multinational health,
nutrition, and materials company with more than 20,000 employees in 50
countries. DSM self-affirmed GRAS for AstaSana(TM) in 2015 (see DSM
Astaxanthin GRAS Press Release). Contrary to NAXA's claims, Cardax does
not rely on the GRAS designations from any of the microalgal astaxanthin
manufacturers.
2. The astaxanthin in ZanthoSyn® has robust safety data.The astaxanthin in
ZanthoSyn® (AstaSana(TM) from DSM) has been extensively safety-tested
and these data are publicly available (see DSM Astaxanthin Short Safety
Summary). We believe that the astaxanthin in ZanthoSyn® has been more
extensively safety-tested than microalgal astaxanthin. The DSM
Astaxanthin Short Safety Summary also supports the labeled ZanthoSyn®
astaxanthin dosage.
3. ZanthoSyn® does not need a New Dietary Ingredient ("NDI")
notification.Synthetic copies of natural substances that are present in
the human diet as food additives (including those that are self-affirmed
as GRAS for direct addition to food) may be used as dietary ingredients
in dietary supplements without New Dietary Ingredient (NDI) notification,
in accordance with FDA regulations (see FDA Official Clarifies Agency's
Position on NDI Filing Exemption). The astaxanthin in ZanthoSyn®
(AstaSana(TM) from DSM) has been present in the human diet for over 20
years, having been approved by the FDA in 1995 for use in the feed of
animals to be consumed by humans; AstaSana(TM) was also self-affirmed
GRAS for use in human food in 2015. Therefore, it is suitable for use as
a dietary ingredient in dietary supplements without NDI notification.
4. The ZanthoSyn® label correctly states that astaxanthin is "clinically
studied".Astaxanthin has been clinically studied and the active
ingredient in ZanthoSyn® is astaxanthin. Both ZanthoSyn® and microalgal
astaxanthin deliver astaxanthin to the bloodstream. Cardax demonstrated
in a human clinical study that ZanthoSyn® is more orally bioavailable
than BioAstin® (microalgal astaxanthin), as measured by the levels of
astaxanthin in the blood stream (see ZanthoSyn® Absorption Human
Clinical Study). ZanthoSyn® does have a different isomeric mix than
microalgal astaxanthin: microalgal astaxanthin consists mostly of the
3S,3'S optical isomer of astaxanthin and ZanthoSyn® is a mixture of
3S,3'S, 3R,3'R, and the meso forms of astaxanthin. All of these isomers
are found in nature, and there is no credible scientific evidence that
there is any meaningful biological difference between these astaxanthin
isomers, from either a safety or efficacy standpoint.
5. ZanthoSyn®'s "anti-inflammatory" structure/function claims are fully
compliant with FDA regulations.The FDA is very clear that the phrase
"anti-inflammatory" is permitted, provided it is in context with a
structure/function claim. (Please see FDA Guidance on Structure Function
Claims and refer to the specific guidance regarding an anti-inflammatory
claim in Criterion 5: "...claiming to be [...] an anti-inflammatory [...]
will not be a disease claim if there is context that makes clear that the
intended effect of the product is on structure/function and not
disease.") Cardax provides the appropriate structure/function context in
ZanthoSyn®'s product labeling and sales materials.Hypocritically, NAXA's
own website (as of December 1, 2017) refers to astaxanthin as an
anti-inflammatory for various health applications and even references
disease application. Similarly, the website of Cyanotech's Nutrex Hawaii
subsidiary also refers to astaxanthin as having anti-inflammatory
properties (as of December 1, 2017).
6. ZanthoSyn® is endorsed by physicians.Prominent physicians and other
healthcare professionals recommend ZanthoSyn® to their patients based on
the underlying science of astaxanthin and the superior purity and
absorption advantages of ZanthoSyn® compared to microalgal astaxanthin.
Cardax has conducted intensive educational meetings on
ZanthoSyn®/astaxanthin with more than 250 physicians and other
healthcare professionals--many of whom are using ZanthoSyn® themselves.
About Cardax
Cardax devotes substantially all of its efforts to developing and commercializing dietary supplements. Cardax is initially focusing on astaxanthin, which is a powerful and safe naturally occurring anti-inflammatory that supports health and longevity.* The safety and efficacy of Cardax's products have not been directly evaluated in clinical trials or confirmed by the FDA.
About ZanthoSyn®
ZanthoSyn® is a physician recommended anti-inflammatory supplement for health and longevity that features astaxanthin with optimal absorption and purity. ZanthoSyn® contains astaxanthin, which is Generally Recognized as Safe (GRAS) according to FDA regulations.
About Astaxanthin
Astaxanthin is a clinically studied compound with safe anti-inflammatory activity that supports joint health, cardiovascular health, metabolic health, liver health, and longevity.*
Media and Investors
Janice Kam
1-808-457-1400
press@cardaxpharma.com
Safe Harbor
This release may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of our company, are generally identified by use of words "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "seek," "strive," "try," or future or conditional verbs such as "could," "may," "should," "will," "would," or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results. Some of the factors that could cause our actual results to differ from our expectations or beliefs include, without limitation, the risks discussed from time to time in our filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.
* These statements have not been
evaluated by the Food and Drug
Administration. This product is not
intended to diagnose, treat, cure,
or prevent any disease.
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SOURCE Cardax, Inc.
