SAN DIEGO (PRWEB) February 11, 2019
On November 5, 2018, Holista CollTech Limited, a research-driven biotech company that develops first class natural ingredient and wellness products, and Holista’s distributor, iGalen Inc., filed a lawsuit in the Superior Court of California for the County of San Diego against ATM Metabolics, LLC and ATM Metabolics, LLC’s alleged alter ego, Milton Joseph Ahrens.
The lawsuit alleges that the Defendants breached an Exclusive Product Management and Distribution Agreement by failing to to keep confidential information on Emulin®, an all-natural carbohydrates manager, and by intentionally interfering with the Plaintiffs’ distributor and customer relationships. Plaintiffs complaint seeks awards of both compensatory and punitive damages against the Defendants.
Galen based on the mission of bringing the message of controlling inflammation to the masses. The company markets a range of premium-quality nutritional supplements that are sold directly to Distributors and Preferred Customers throughout the United States, Canada, Australia, New Zealand, Singapore, Mexico, Malaysia, and the Philippines, iGalen is co-owned by Singapore E-Development listed on the Singapore Stock Exchange and the remainder is in the process of being acquired by Holista Colltech which is listed on the Australian Stock Exchange. More information can be found at http://www.igalen.com
Holista CollTech Ltd (ASX : HCT ) is a research-driven biotech company, a result of a merger of Holista Biotech Sdn Bhd and CollTech Australia Ltd dedicated to delivering first-class natural ingredients and wellness products. The company is the only company producing sheep (ovine) collagen using its patented extraction methods and is on track in liposome encapsulating the Ovine Collagen. The company research develops, manufactures and markets “health style” products to address the unmet and growing needs of natural medicine. Holista CollTech leads in research on herbs and food ingredients from Malaysia’s rainforest - the oldest in the world. The Company’s mission is to build a world-class company, focus on providing consumers with scientifically enhanced, engineered and tested natural health supplements and consumer products. More information can be found at http://www.holistaco.com