Shaman Announces Creation of New Dietary Supplement Subsidiary -- Shaman Botanicals, Inc.

Business Wire | December 10, 1998 | Copyright

SOUTH SAN FRANCISCO, Calif.--(BW HealthWire)--Dec. 10, 1998-- Shaman Pharmaceuticals, Inc. (Nasdaq:SHMN) announced today the creation of a new, wholly-owned subsidiary to identify, develop and market botanicals as dietary supplements.

The subsidiary will be called Shaman Botanicals, Inc.

Lisa Conte, president and chief executive officer said, "The idea for Shaman Botanicals is to fully leverage the investment we've made in identifying and investigating a huge library of botanicals by optimizing their development for either the pharmaceutical or dietary ...

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