INVENTED BY NATURE. PERFECTED BY SCIENCE.

NeutriSci International specializes in the innovation, production and formulation of nutraceutical products.
Established in 2009, NeutriSci is currently focused on increasing the size of its existing national retail network in Canada by building sustainable sales models with Convenience, Chain Drug, Mass Market and Supermarket retailers for neuenergy® and new novel ingredients for product distribution. It also continues to develop emerging sales channels in the US, European, Asian & South American markets.

LEADERSHIP

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GLEN REHMAN | Chief Executive Officer, NeutriSci

Glen Rehman has been the President of NeutriSci since December, 2014 and was promoted to CEO in December, 2016. Mr. Rehman has over twenty years of business practice of which include Banking, Retail, Operations and Management. Mr. Rehman also served as a Senior Director of Operations for Bernard Callebaut Chocolates and was responsible for domestic and international expansion operations. Most recently Mr. Rehman served as Chief Operations Officer for Cineplex Media (formerly Vauntcom Media).

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ROBERT CHISHOLM | Chief Financial Officer, NeutriSci

Robert Chisholm is the CFO of Emprise Capital Corp. Mr. Chisholm has over twenty-five years of experience of finance and administration in the public markets, having served as a director and senior officer of a number of TSX listed companies. Mr. Chisholm has experience with major retail operations having held the position of Chief Financial Officer with PNI Digital Media Inc. (recently acquired by Staples), during which time Mr. Chisholm was involved in completing business agreements with retailers including Costco, Wal-Mart and CVS Pharmacy.

BOARD OF DIRECTORS

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JEFF DURNO | Director & Chairman, NeutriSci

Jeff Durno is a partner in the Cassels Brock & Blackwell Securities Group where his practice focuses primarily on securities and corporate finance matters, and acts as Chairman of Emprise Capital Corp., a Vancouver based merchant banking company. Mr. Durno has over twenty years of experience in the public markets, during which time he has served as a Director and Senior Officer of numerous TSX listed companies. Mr. Durno was called to the Bar of Ontario in 1993 and British Columbia in 1994 and is a member of the Law Society of Upper Canada.

glen-rehman-ceo-bw

GLEN REHMAN | CEO & Director, NeutriSci

Glen Rehman has been the President of NeutriSci since December, 2014 and was promoted to CEO in December, 2016. Mr. Rehman has over twenty years of business practice of which include Banking, Retail, Operations and Management. Mr. Rehman also served as a Senior Director of Operations for Bernard Callebaut Chocolates and was responsible for domestic and international expansion operations. Most recently Mr. Rehman served as Chief Operations Officer for Cineplex Media (formerly Vauntcom Media).

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ANTHONY HUGENS | Director, NeutriSci

Anthony Hugens is currently the Director of Retail Development at CMS Famous Toys Ltd. in Alberta. CMS distributes and markets toys and general merchandise to the grocery and drug store trade. At CMS, Mr. Hugens is responsible for the mission, vision and objectives across all retail revenue streams. Prior to CMS, Mr. Hugens served as Director of eCommerce for The Brick from 2007 to 2009. Prior to The Brick, Mr. Hugens held the role of Strategic Planning Manager at Walmart for over thirteen years.

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DANA MONTENEGRO | Director, NeutriSci

Dana Montenegro is the former Driver of Culture, Innovation & Inspiration for Red Bull Energy Drink GmbH where he led change and innovation initiatives in Latin America and Europe. Mr. Montenegro has over eighteen years experience in global innovation management, marketing, design driven change and applied creativity. In 2008, Mr. Montenegro became co-founder of SeriouslyCreative, an innovation, design thinking and creative problem solving consultancy, and co-founder of green technology start-up Grasslark.

MARKET OVERVIEW

Nutraceuticals are a loosely defined category of products (along with dietary supplements and functional foods) targeted at improving health and providing medical or physiological benefit. They include body building supplements, diet aids, and pain reducers, among others. NeutriSci estimates the total market for nutraceuticals & supplements in the US exceeds $28B and is growing at 4.4% a year, projected to reach $37.5B in 2017. Nutraceuticals are not subject to the same testing and regulation as drugs (which means they can be brought to market more quickly), but products are FDA regulated under guidelines specific to the nutraceutical industry.

The two principal markets for NeutriSci’s initial product are normal adults and adults experiencing cognitive decline, with about 5.4 million US patients growing to 16M in 2050, and healthy adults looking to improve memory and cognitive function. NeutriSci estimates cognitive supplement sales at $750M annually (US only). Prescription drugs written for Alzheimer’s patients constitute $2.8B in revenue.

DISTRIBUTION NETWORK

Products and product lines change. Customers and customer demands change. The arrival and departure of competitors change how manufacturers and retailers work together. Nowadays, however, change is more top of mind than ever: Global markets are repainting the selling and sourcing picture. Retailers are more in control of the overall relationship. And economic travails are squelching sales, altering pricing strategies and redirecting promotional activity.

As a result of these changes in retail buying patterns NeutriSci focuses its retail efforts on “Channel Optimization”. NeutriSci seeks to identify highly profitable (or unprofitable) customers, and then leverage supply chain mastery to increase (or reduce) total expenditures on behalf of those organizations. Throughout the branded manufacturer community, significant costs are expended on services to retailers and retail distributors.

This is neither wrong nor inappropriate. However, a growing body of research reveals that those expenditures aren’t doing enough to improve long-term growth prospects for the manufacturer. In fact, there are many situations when those services are neither needed nor appreciated by the customer.

Given the current economic climate, NeutriSci has concentrated on the long-term profitability of all customers. These ideals must be considered, with carefully calculated amounts spent on the “right” customers rather than just the largest or most strategic. This is the goal of channel optimization—enacting policies and service decisions that identify highly profitable (or unprofitable) customers, and then leveraging supply chain mastery to increase (or reduce) total expenditures on behalf of those organizations.

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