OPGX Optigenex Inc. featured news, full reports, and detailed charts
Optigenex Inc. (OPGX/OPGX.PK) Wrap Up:
Optigenex, Inc. engages in manufacturing and licensing health, wellness, and beauty products worldwide, based on its natural botanical extract ingredient, AC-11, which is a bioactive form of the medicinal herb known as Uncaria tomentosa. It licenses its technology for the manufacture and sale of privately labeled products containing AC-11 to third-party marketing companies in the personal care and nutraceutical industries. The company sells Activar Skin Renewal System and AC-11 to domestic and international partners in the nutraceutical, cosmeceutical, personal care, skin care, and hair care industries. In addition, Optigenex offers a line of skin care products, which consist of a day cream, night cream, and an eye cream designed to repair damage to the skin from multiple causes, including exposure to ultraviolet rays, stress and pollution while increasing skin elasticity, and reducing wrinkles and other visible signs of aging. It has joint venture partnerships with PMO Products, Inc. and Prometheon Labs LLC. The company is headquartered in Lyndhurst, New Jersey.Optigenex Inc. (OPGX:OTC)
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Market Cap
20.0K
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Total Revenue
634.5K
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EBITDA
944.5K
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DILUTED EPS TTM
-0.09
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P/E
--
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P/S
0.0x
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Return On Asset
-33.78
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Return On Equity
46.70
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| K = Thousands M = Millions B = Billions | ||
OPGX Top Compensated Officers
Executives, Board Directors
Key developments for Optigenex Inc. (OPGX)
Optigenex Inc. announced the signing of a Supply and Trademark License Agreement with Suracell Inc. to provide its patented ingredient AC-11(R) for use in a focused nutritional and age management dietary supplement program. The agreement coupled with Suracell's marketing plans will provide another platform to introduce Optigenex's technology under the registered trademark AC-11(R) to health conscious consumers in the United States, Canada and South Korea. Beginning in January 2010, Suracell will be marketing a specific dietary supplement regimen. Participants will complete lifestyle questionnaires and will be asked to provide specimens for testing of key bio markers that will form the basis for a focused nutritional supplement program utilizing the diverse line of Suracell formulated products with AC-11(R).
Optigenex Inc. announced the signing of an extended and expanded new contract with its distribution partner in Asia (Itochu Corp.). Under the new license, Itochu has the right to market AC-11(R) technology exclusively in Japan and non-exclusively throughout the rest of Asia (Additional details were not disclosed). The new agreement represents the fulfillment of an important strategic objective to the company in terms of its business development plans for the Asia and further validates its business model in Japan and other countries in the region. Itochu partners with Optigenex under an Exclusive Supply and Trademark Licensing Agreement to market AC-11(R) bulk material and consumer products containing AC-11(R) under sublicenses in Japan and several other Asian countries.
Optigenex Inc.’s common stock has been deleted from OTC Bulletin Board effective November 14, 2008 on account of its filing Form 15. The company has been added to Other OTC.
OPGX Competitors
| Company | Last | Change |
| Avon Products Inc | $34.03 USD | -0.30 |
| Estee Lauder Companies Inc | $47.86 USD | +0.25 |
| Procter & Gamble Co | $61.80 USD | -0.35 |
| Unilever | 1,787 GBX | +12.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | OPGX | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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OPGX |
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OPGX transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent News About Optigenex Inc.
More news for OPGX
Optigenex Inc. Announces New Business to Business Web Site to Target Select Marketing and Manufacturing Companies in the Skin Care and Wellness Industries
NEW YORK, NY--(Marketwire - 11/03/09) - Optigenex Inc. (Pinksheets:OPGX - News) has unveiled a new information web page www.optigenex.com designed to connect with prospective corporate customers and partners in the wellness and personal care industries. The new Optigenex web site replaces the company's earlier consumer-oriented web page; the new site showcases the company's mission, its technology and available applications for its patented and unique DNA care ingredient called AC-11�. Unlike the earlier site, the new site is largely science-driven, providing direct links to a number of highly technical, peer reviewed journal articles in the fields of medicine and biochemistry on the subject of DNA repair and the role of AC-11� (formerly C-Med-100�).All-natural, herbal-extracted and patented AC-11� is marketed by over 100 manufacturers and marketing companies in Japan, Europe, the Middle East, the United States and Canada in a variety of anti-aging cosmetic, dietary supplement and advanced DNA care products.Daniel Zwiren, president and CEO of Optigenex Inc. said, "The company is pleased with its new home page and with the positive industry response it has received so far. We have tried to capture on our site some of the more recent advances in the understanding of DNA in the aging process. A...Click here to read the whole Article (external link)
Optigenex Inc. Announces Supply And License Agreement With Suracell Inc. To Utilize The AC-11(R) Trademark And Technology For Oral Supplements In The United States, Canada And South Korea
Company plans to market dietary supplements under the brand name Suracell with AC-11® (Financial terms were not disclosed). NEW YORK, Oct. 21 /PRNewswire-FirstCall/ - Optigenex Inc. (Pinksheets: OPGX - News) announced today the signing of a Supply and Trademark License Agreement with Suracell Inc. to provide its patented ingredient AC-11® for use in a focused nutritional and age management dietary supplement program. The agreement coupled with Suracell's marketing plans will provide another platform to introduce Optigenex's technology under the registered trademark AC-11® to health conscious consumers in the United States, Canada and South Korea.Beginning in January 2010, Suracell will be marketing a specific dietary supplement regimen. Participants will complete lifestyle questionnaires and will be asked to provide specimens for testing of key bio markers that will form the basis for a focused nutritional supplement program utilizing the diverse line of Suracell formulated products with AC-11®.All-natural, herbal-extracted and patented AC-11® is marketed by over 100 manufacturers and marketing companies in Japan, Europe, the Middle East, the United States and Canada in a variety of anti-aging cosmetic, dietary supplement and advanced DNA care products.Daniel Zwiren, president and CEO of Optigenex Inc. said, "We are excited to add Suracell to our family of customers. We believe Suracell's scientifically validated formulas are an ideal fit for the unique properties of AC-...Click here to read the whole Article (external link)
Optigenex Inc. Announces Rollout of Activar(R) AC-11(R) Oral Supplements and Activar(R) AC-11(R) Next Generation Skin Care Products in Turkey Through Its Middle Eastern Distribution Partner Ekson Farma, Istanbul
NEW YORK, NY--(Marketwire - 07/28/09) - Optigenex Inc. (Pinksheets:OPGX - News) announced today its partner Ekson Farma is prepared to launch its family of AC-11� oral supplements and skin care products under the brand name Activar� for distribution throughout the major pharmacies in Turkey. Under an exclusive license signed in early 2008, Ekson has invested significant capital, resources and time in determining market acceptance of Optigenex's patented technology and has also devoted considerable efforts towards clinical and scientific research to broaden the market applications for its unique anti-aging products. The agreement and subsequent commercialization by Ekson sets the stage for the introduction of AC-11� to educated and health-conscious Turkish consumers and represents another important strategic initiative in the company's plans to establish AC-11� as a recognized international brand. All-natural, and standardized at a minimum of 8 per cent Carboxy Alkyl Esters ("CAEs(TM)"), AC-11� is the only patented aqueous extract of the Uncaria species that can make the following therapeutic claims ("DNA repair, Immune enhancement and Inhibition of pro-inflammatory agents") which are validated by a broad spectrum of scientific and clinical studies.AC-11� already has gained a major foothold in Japan and has been introduced in other select territories of Asia as a branded ingredient used by over 100 manufacturers and distributors in a variety of anti-aging cosmetic, cosmeceutical and dietary supp...Click here to read the whole Article (external link)
OPTIGENEX INC. Financials
PERIOD ENDING30-Jun-0831-Mar-0831-Dec-0730-Sep-07Total Revenue183 195 106 151 Cost of Revenue64 89 419 79 Gross Profit119 107 (314)71 Operating ExpensesResearch Development - - - - Selling General and Administrative315 290 207 303 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss(196)(183)(521)(231)Income from Continuing OperationsTotal Other Income/Expenses Net1,733 (2,968)(745)1,221 Earnings Before Interest And Taxes1,536 (3,151)(1,266)990 Interest Expense522 509 499 492 Income Before Tax1,015 (3,660)(1,765)498 Income Tax Expense - - - - Minority Interest - - - - Net Income From Continuing Ops1,015 (3,660)(1,765)498 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - &n...Click here to read the whole Article (external link)
