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Protandim: Difference between revisions

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In 2006, biochemist [[Joe&nbsp;M. McCord]] joined the LifeVantage board of directors as the company's director of science.<ref>{{Cite web |url=http://www.allbusiness.com/company-activities-management/board-management/5376294-1.html |title=Dr. Joe M. Mccord Joins Lifeline Therapeutics, Inc. Board of Directors. &#124; Business News and Press Releases from AllBusiness.com |access-date=2014-09-22 |archive-date=2011-08-24 |archive-url=https://web.archive.org/web/20110824163520/http://www.allbusiness.com/company-activities-management/board-management/5376294-1.html |url-status=dead }}</ref> McCord, who is listed by the [[U.S. Securities and Exchange Commission]] as a LifeVantage [[Insider trading|insider shareholder]],<ref name="secwatch.com">{{cite web |url=http://secwatch.com/mccord-joe-m |title=MCCORD JOE M ALL SEC FILINGS - SEC Watch |access-date=2011-02-16 |url-status=dead |archive-url=https://web.archive.org/web/20110304012432/http://secwatch.com/mccord-joe-m |archive-date=2011-03-04 }}</ref> served as a spokesperson for Protandim and was responsible for distributor training and product research.<ref name="secwatch.com" /> Under the terms of his 2011 employment agreement, McCord received $529,994 in direct compensation as well as a 50-cent commission on every bottle of Protandim sold.<ref name="10K2011">{{cite web|title=LifeVantage Corp 10-K 2011|url=https://www.sec.gov/Archives/edgar/data/849146/000119312511258536/d225491d10k.htm|publisher=sec.edgar-online.com|access-date=September 5, 2015}}</ref><ref name="McCordcontract">{{cite web|title=Employment agreement with Dr. Joe McCord|url=https://www.sec.gov/Archives/edgar/data/849146/000119312511258536/d225491dex1031.htm|publisher=[[U.S. Securities and Exchange Commission]]|access-date=2014-09-21|date=April 1, 2011}}</ref> McCord served as LifeVantage's Chief Scientific Officer from June 2011 until September 2012, and then became a member of its science advisory board. LifeVantage announced McCord's retirement in June 2013.<ref name="retire1">{{Cite web |url=http://globenewswire.com/news-release/2013/06/25/556132/10037495/en/Dr-Joe-McCord-LifeVantage-Corporation-s-First-Chief-Science-Officer-Retires-From-Company.html |title=Dr. Joe McCord, LifeVantage Corporation's First Chief Science Officer, Retires from Company Nasdaq:LFVN |access-date=2014-09-22 |archive-date=2015-02-21 |archive-url=https://web.archive.org/web/20150221091151/http://globenewswire.com/news-release/2013/06/25/556132/10037495/en/Dr-Joe-McCord-LifeVantage-Corporation-s-First-Chief-Science-Officer-Retires-From-Company.html |url-status=dead }}</ref><ref name="8Kretire2">{{cite news|title=Form 8-K for LifeVantage Corp|url=http://biz.yahoo.com/e/130625/lfvn8-k.html|access-date=10 November 2013|newspaper=Yahoo.com|date=June 25, 2013}}</ref> Under the terms of the separation agreement, McCord was to receive a payment of $1.7{{nbsp}}million from the company.<ref name="8Kretire2" />
 
In January 2014, McCord was replaced by Shawn Talbott (developer of [[CortiSlim]]),<ref name="TalbottFTC">{{cite web|title=Three Cortislim Defendants to Give up $4.5 Million in Cash and Other Assets|url=https://www.ftc.gov/news-events/press-releases/2005/09/three-cortislim-defendants-give-45-million-cash-and-other-assets|publisher=[[Federal Trade Commission]]|access-date=July 14, 2016|date=September 21, 2005}}</ref> who served as the company's chief science officer<ref name="Talbott">{{cite web|title=LifeVantage Corporation Appoints Shawn Talbott Ph.D. as New Global Chief Science Officer|url=https://globenewswire.com/news-release/2014/01/07/600765/10063209/en/LifeVantage-Corporation-Appoints-Shawn-Talbott-Ph-D-as-New-Global-Chief-Science-Officer.html|publisher=LifeVantage, Inc.|access-date=July 14, 2016|date=January 7, 2014}}</ref> until being relieved of his duties in June 2015<ref name="TalbottBlog">{{cite web|author1=Shawn M. Talbott|title=My New Gig?|url=https://bestfutureyou.com/2015/07/13/my-new-gig/|website=Shawn M. Talbott Personal Blog|access-date=July 14, 2016|date=July 13, 2015}}</ref> and replaced in August 2015 by Natalie Chevreau, who was hired as the company's senior vice president of research and development and is credited with the invention of the company's TruScience skin care product.<ref name="ChevreauPatent">{{cite web|title=Patent WO 2015164504 A1: Topical compositions and methods for reducing oxidative stress|url=httphttps://wwwpatents.google.com/patentspatent/WO2015164504A1?cl=/en|access-date=July 14, 2016|date=October 29, 2015}}</ref>
 
=== Product invention ===