Health Science Group Acquires Polymann Technologies

Health Science Group, Inc., Los Angeles, CA, has acquired Polymann Technologies, Inc. (PTI) from UTEK Corp., Plant City, FL. PTI holds the exclusive worldwide license (excluding Korea) to polymannuronic acid (“Polymann”), a propriety nutraceutical derived, in part, from sea mustard and kelp using a patented extraction method. Polymann was designed to address health concerns related to high cholesterol and triglyceride levels, as well as obesity and constipation.