- CEO
- David G. Watumull
- Full Time Employees
- 10
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 2800 Woodlawn Drive Honolulu HI United States of America 96822
- IPO Date
- Mar 6, 2013
- Business
- Cardax, Inc. (CDXI) operates as a consumer health company that develops, markets and sells dietary supplements focused on inflammatory health; it also pursues pharmaceutical candidates targeting inflammation-driven chronic diseases. The company offers ZanthoSyn, a physician-recommended astaxanthin dietary supplement with enhanced absorption and purity for health, longevity and inflammatory conditions including cardiovascular inflammation, available via e-commerce and wholesale channels through www.zanthosyn.com; it develops pre-clinical pharmaceutical CDX-101, an astaxanthin prodrug candidate for cardiovascular inflammation, dyslipidemia and severe hypertriglyceridemia, and CDX-301, a zeaxanthin pharmaceutical candidate for macular degeneration. Cardax serves the biotechnology and healthcare sectors, targeting consumers, physicians and patients with inflammatory and age-related conditions in the United States. Founded through a 2006 asset acquisition from Hawaii Biotech, Inc. and publicly listed since 2014, the company maintains headquarters at 2800 Woodlawn Drive, Suite 129, Honolulu, Hawaii. In recent developments, Cardax refocuses operations on its ZanthoSyn consumer health business while exploring monetization of pharmaceutical assets; it secured $0.75 million via a senior convertible promissory note and raised $0.45 million through a private placement of 5.66 million units at $0.08 per unit, reflecting ongoing funding efforts amid limited strategic alliances or acquisitions within the last two years.