"The market for performance-enhancing products continues to grow as an increasingly large group of people train and compete at a high level and spend a lot of time on their training. According to a report from the Nutrition Business Journal, the exercise and weight loss market segment grew by amazing 22% in 2021. Given that we saw in the study, that higher doses of aXivite increase performance by approximately 10 percent in trained athletes, a patent in this application is commercially important," says Torsten Helsing, CEO in aXichem.

About phenylcapsaicin and aXivite
aXichem's proprietary molecule, phenylcapsaicin, combines the naturally occurring phenyl group with capsaicin, connected by a triple bond. The result is an innovative natural analog capsaicin with high purity, which in several studies has been shown to have the same health-promoting properties, as well as some unique benefits, as natural capsaicin. Phenylcapsaicin is approved under Novel Food in the EU and GRAS Food in the USA and is marketed for dietary supplements and functional foods under the brand name aXivite.

The information was submitted, through the care of the contact person below, for publication on 25 April 2023, at 10:30 AM CET.