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Nano Chemical to acquire Calgenex

Nano Chemical Systems Holdings has entered into a letter of intent for the acquisition of Calgenex, a developer of novel, patented or patent pending, condition specific dietary supplements and topical over-the-counter drugs and personal care products.

Grant Carlson, Calgenex president & CEO, said: “The move to the public marketplace has always been in our long term plans. The increased access to capital, as well as the opportunity to create tremendous shareholder value makes the move into Nanochem a perfect fit.”