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NuMe Health Announces Closing of Series A-1 Financing Round
Date:7/26/2011

NuMe's prebiotic products are derived from bioactive ingredients in edible plants that promote the growth of specific beneficial bacteria with the potential to positively affect metabolic conditions such as pre-diabetes, diabetes and maintenance of healthy body weight.  NuMe's products are evidence-based, which means that they are being developed using rigorous scientific methods and clinical testing to assess and validate their health claims.

"We are committed to supporting promising new enterprises that are leveraging the unique resources of the greater New Orleans region, and we are delighted to lead this first financing for NuMe Health," said Ross Barrett, general partner at BVM Capital and a director of NuMe Health.  "NuMe is addressing an emerging field that we believe has great potential to impact human health.  It has acquired promising technology and assembled an outstanding team of experienced entrepreneurs and scientists.  Our region offers world-class expertise in the areas of nutrition and metabolic health, as exemplified by the renowned Pennington Biomedical Research Center.  This expertise, along with the first-rate facilities available at NuMe's NOBIC location, will contribute to NuMe's progress as it advances its first prebiotic products towards commercialization."

Before joining NuMe Health as CEO, Dr. Stull was the founder and principal of Innovation Science, which provides consulting services for biotechnology, medical food and functional food companies.  He also serves as chairman of the board of Pyxant Laboratories, which provides bio-analytical services.  Previously, Dr. Stull was chief scientific officer of medical foods company Efficas, president of InB: Hauser Pharmaceutical Services and president of InB: Paxis Pharmaceuticals, which he founded.  Earlier, Dr. Stull was a founder, CEO and president of Nasdaq-listed biotechnology company Hauser Inc.  He received a BS degree from Color
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