Business

Ideal Health plans to lease 500 square feet at NCRC

 

Jan. 30. Ideal Health Biotechnology, which has an antioxidant spray made from grape seed extract available in China, will take 500 square feet of space in the North Carolina Research Campus.  Ideal Health, which is a unit of Ideal Shanghai, is leasing office space on the third floor of the David H. Murdock Core Laboratory Building that is part of an existing laboratory suite. Later this year, they plan to expand into the adjacent laboratory, giving them a total of 500 square feet. Lei Wu, co-founder of Ideal, anticipates expansion of space and staff due to the demand from Chinese consumers for naturally-sourced, dietary supplements formulated and manufactured under stricter US regulations.

Ideal Shanghai manufactures dietary supplements and other home health devices and products for Chinese markets. They have established distribution networks throughout China and exceeded over $50 million USD in sales. “The NCRC is a great place for our company to grow through research partnerships,” Wu said.

 

 

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