Nu Skin Enterprises (NSE) - Am I working for a reputable company?

The company headquarters and research laboratories of NSE are located in Provo, Utah, USA. NSE is a global direct sales company with 25 years in operation in 49 countries. It has subsidiaries such as Pharmanex and Big Planet.

It is listed on the NYSE under the symbol NUS with a reputation of being among the seven most reliable companies. It has $681 million in assets and $101 million in cash. Revenue in 2007 was $1.16 billion. Over $6 billion in commissions has been paid to distributors since inception. In 2008, over $600 million was paid in commissions.

It has a $50 million university research fund involving pharmaceutical grade clinical trials and double-blind published research. Research has been carried out at Stanford University and Purdue University using advanced state-of-the-art instruments.

A leading pharmaceutical scientist, Dr. Michael Chang first conceived Pharmanex in 1994. His vision was to create safe and efficient dietary supplements by applying the disciplines of Western science to natural products.

During his 15 years in the pharmaceutical industry, Dr. Chang examined 50,000 different extracts, searching for ways to protect, preserve and improve people's health. As Deputy Director of Medicinal Chemistry at pharmaceutical giant Merck, Sharp and Dohme, he traveled the world looking for "magic bullets," those single chemicals that could be taken from a natural source and transformed into a drug.

According to Dr. Chang, working with drug companies often resulted in less effective products with more side effects. In addition, pharmaceutical companies require that new products generate at least 100 million U.S. dollars in the first year to justify the cost of development. These factors were not viable reasons to Dr. Chang for discarding potentially useful products. He realized the tremendous benefit of natural products created, refined, and substantiated through a scientific pharmaceutical approach.

Dr. Chang eventually left the pharmaceutical industry to pursue his vision of delivering natural nutraceutical products that could be scientifically proven to change people's lives. His vision attracted the business expertise needed to build a successful company. On October 18, 1998, Pharmanex was acquired by Nu Skin Enterprises, Inc. (NYSE: NUS), a leading direct sales company.

With one of the premier distribution channels in the world, Pharmanex is enjoying a major global expansion—creating an exciting opportunity to further impact the masses in the global preventative healthcare markets.

Several Pharmanex products are:

1. LifePak nano nutritionals which help the body absorb more of essential vitamins and nutrients.

2. G3™ which is a nutrient-rich juice from the prized gac "superfruit" of southern Asia, whose nutritional benefits have been scientifically demonstrated to protect cells.

3. Solutions which help in cell protection, energy/stamina, heart health, immune support, mood suport, women’s health, bone and joint support, memory and digestive health.

4. My Victory weight control plan.

Big Planet is an online photo sharing and gifting site with online digital content storage which allows sharing photos with anyone from anywhere, uploading of any type of file to their server such as photos, video, large documents, spreadsheets, music or zip files.

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