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Company Name

 

Legacy for Life

 

Category

 

Nutrition

About Company (This is info from the company website, not our comments.  Look below for our rating.)

The history of Legacy goes back to the 1980’s when two of the largest and most respected companies in America, Con Agra and Dupont, formed a joint venture to develop products that could benefit animal and human health.  They quickly realized that one of the keys to maintaining a healthy body was a healthy immune system.  The AIDS epidemic that captured the world’s attention at that time, gave a sharp warning as to what happened to the human body when its immune system was compromised.

Their joint venture, Dupont ConAgra Visions, began by studying the most natural way of strengthening the immune system, namely when a human or animal mother passed on her own natural antibodies to her newborn. Their scientists worked with both cows and chickens to determine whether human antibodies placed in the mother cow or hen could be successfully passed to their offspring.  After years of work, a scientific team, led by Dr. Hellen Greenblatt, who is now Legacy’s Chief Science Officer, proved that this transfer process was possible, and that the passage of antibodies from the hen’s egg was much more efficient than from a cow’s milk.  So they focused on the hen-to-chick transfer and began to acquire all of the existing technology and patents for the processes known as “hyperimmune egg” technology.

By the mid 90’s, Dr. Greenblatt and her team had perfected the human applications and were verifying them in clinical trials. In 1995, market research was conducted to determine how to best bring the product to market and two ways were isolated – either the pharmaceutical or the dietary supplement channel. It was estimated that an additional $150 million and 10 years of research and development would be needed for the pharmaceutical route, so the decision was made to market the hyperimmune egg technology as a dietary supplement.   Once that decision was made, DuPont and ConAgra determined that this did not fit with their companies’ missions, so they spun off their joint venture as well as some other research companies to create a new, independent biotechnology group of companies called DCV, Inc., in which neither DuPont nor ConAgra had ownership.  DCV’s first mission was to get the hyperimmune egg product to market, and thus was immune26® born.

Because immune26® is a completely natural whole food, the direct sales channel was chosen because it provided the quickest and most economical route into the marketplace.  The traditional wholesale and retail channels were eliminated when it was realized that the true benefits the product brings to consumers cannot be effectively explained in an advertisement, while the direct sales route allows an individual to tell that story directly to another person.  So, Legacy for Life was created in October of 1998 to market and distribute the hyperimmune egg technology through the direct sales channel.  Hens were exposed to inactive pathogens, thus developing special immune factors, which were then passed into their eggs.  With a unique patented process, the eggs were spray freeze-dried into a powder.  Because this powder contained 26 different types of antibodies, the product was named “immune26”.

Through effective sales and marketing, Legacy grew to $30 million by 2002.  However, Legacy’s continued growth was being inhibited by its owners need to support other companies in their portfolio.  So in October of 2002, a private group of investors, Legacy Investment Group, LLC, bought the majority control of Legacy and obtained the exclusive worldwide rights to the hyperimmune egg technology.

During the first five years, growth at Legacy was primarily fuelled by extending the immune26 product line from powder, to drink mix, to capsules, to chewable tablets. Then at the start of 2004 a new state-of-the-art weight management program was introduced around a proprietary meal replacement shake that incorporated immune26, as well as a number of effective ingredients that reflected the latest scientific findings on low carbs and high fiber.  The program called Legacy BALANCE for Life was immediately successful and the first production run was sold out in a week!

At the July 2004 Conference, the BALANCE Plan was rounded out with an Omega-3 product, EICO-BALANCETM, a CLA product that enhanced the program’s weight loss capabilities, and an exciting exercise program. In addition, we added an anti-aging super anti-oxidant with essential phytonutrients, vitamins and minerals called Legacy ESSENTIALS for Life.  However, we didn’t restrict our product expansion to the normal dietary supplement marketplace.

It is our belief that if you want to help the largest number of people you have to compete in large, expanding marketplaces. So, in addition to the new products previously mentioned, we entered the $34 billion pet care market with Legacy COMPANION for Life, a line of immune26-based dietary supplements for cats and dogs. At the same time we announced that in early 2005 we would enter the $50 billion personal care marketplace with or own unique skin care line.

Today, Legacy is a successful, profitable distribution company of 30,000 Distributors in four countries servicing customers in over 35 nations with a well-conceived balanced product line that meets the needs of  an increasingly aware population in one of the fastest growing industries of all time – the health and wellness industry.  This industry has been reliably forecasted to reach one trillion dollars by the year 2010.

 

Our Rating

http://www.legacyusa.com/
 

Category

1

2

3

4

5

Total Points

Quality Category

 

 

 

 

 X

 5

 Uniqueness Category

 

 

 X

 

 

 3

 Demand Category

 

 

 

 

 X

 5

 Consumable Category

 

 

 

 

 X

 5

 Years in Business Category

 

 

 

 

 X

 5

 Sales Volume Category

 

 

 X

 

 

 3

 Compensation Plan Category

 

 

 

 

 X

 5

 Reputation

 

 

 

 X

 

 4

 Total Points

 

 

 

 

 

 35