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Dynova
Laboratories Brings OTC Healhcare Marketing Expertise To
Natural Products Market, Acquires “Sinus Buster” Company
Parsippany, NJ, July xx, 2008 – Dynova Laboratories has
announced the acquisition of SiCap Industries LLC and
its innovative line of capsaicin-based products marketed
under the Sinus Buster brand. This is the initial
acquisition for Dynova Laboratories, a new company with
expertise in identifying and building successful OTC
brands. Dynova’s objective is to bring to market unique
and innovative natural supplements that fulfill
important, but as yet unmet, consumer needs. All Dynova
product launches will meet the company’s stringent
safety and efficacy criteria, which were established to
ensure a high level of user satisfaction. Dynova is
backed by Aisling Capital, a private equity fund
investing in life sciences companies.
“Today’s consumers are redefining the healthcare market
as they increasingly turn to natural products to treat a
variety of conditions and improve their wellbeing. SiCap
fulfills these needs with its novel Sinus Buster line of
products,” according to Dynova Laboratories CEO Lynne
Millheiser-Swanbeck. “While SiCap is the first in the
Dynova family of companies, we are aggressively looking
for other unique, natural and effective products and
technologies.”
SiCap founder Wayne Perry commented, “Dynova
Laboratories has the marketing muscle and consumer
insight, along with the clinical expertise and financial
resources necessary to build Sinus Buster into a leading
brand in the sinus, allergy and headache marketplace.”
Perry first realized the value of capsaicin for
headaches when he was sprayed with pepper spray as part
of a self-defense demonstration on a local Fox news
show. At the time, Perry happened to be suffering from
one of his frequent, painful cluster headaches. “I was
astounded to realize my headache was gone immediately
after being sprayed in the face,” he said. Perry went on
to research and develop Sinus Buster pepper-based nasal
spray, which he subsequently built into a significant
Internet-based business.
The Dynova team has extensive experience in both the
consumer healthcare and natural supplement industries.
Millheiser-Swanbeck joined Dynova from Novartis where
she was senior vice president for the North American OTC
division. Prior to that, she held a variety of senior
level positions at the Warner-Lambert Company and
Pfizer, including U.S. head of marketing and sales and
as general manager in southern Europe. Jeff Vernimb,
vice president, Marketing and Sales, for Dynova was vice
president of Global Marketing for Cardinal Health’s Oral
Technologies group and also held the title of vice
president, Marketing for Novartis’s OTC division.
Jennifer Cooper, Dynova’s vice president of Research &
Development, has nearly two decades of experience in the
dietary supplement and functional food categories,
including stints at Twin Laboratories and Solgar.
About Dynova Laboratories
Dynova Laboratories is an emerging natural products
company dedicated to improving consumers’ health and
wellbeing with safe, clinically effective natural
therapies. Dynova’s unique mission is to identify small,
promising brands, companies and technologies for
licensing or acquisition and provide the clinical,
marketing, packaging and sales support necessary for
success in the dietary or natural supplements category.
Based in Parsippany, New Jersey, the company is headed
by a team experienced in the consumer healthcare and
natural supplement industries. It is backed by Aisling
Capital, a leading private equity fund that invests in
life sciences companies. For more information visit
www.dynovalabs.com or call 973.968.7923.
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