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Unilever Seeks Divorce over Hoodia

November 14, 2008: 07:27 PM EST
Unilever is discussing terminating a development agreement with Phytopharm to create a drink-based format using hoodia extract. The company is not satisfied with the results of clinical studies. The two companies signed a license and joint development agreement in December 2004. Unilever says the product is not suitable for its portfolio, while Phytopharm believes that pre-clinical and clinical data justify further work in the areas of obesity, and pharmaceutical and veterinary applications. Hoodia extract has been shown to reduce caloric intake in overweight subjects. Phytopharm says it will seek other partners.
"Phytopharm in Talks with Unilever to End Hoodia Extract Pact,", November 14, 2008, © CNS Media
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