Econet, a South Korean investment holding company, has moved two of its nutritional products companies into a new 70,000 square-foot headquarters in Seattle’s Belltown neighborhood at 3005 1st Avenue. The space was previously occupied by biotechnology company Dendreon.
Univera and Unigen had been based in Lacey, Washington since 2004, and with the move to Seattle more than 100 employees in R&D, marketing and sales will now be located in the U.S. offices which have now become Econet’s U.S. headquarters. Univera, a multilevel marketing company, sells plant-derived nutritional products. Unigen claims more than 100 patents issued and pending, serving as the research arm for dietary supplements, cosmetic, botanical drug products and more.
“This week’s move to Seattle positions our natural health and wellness companies for tremendous growth and the opportunity to attract and interact with research and development talent that is second to none in the world,” said Bill Lee, Chairman and CEO of Econet. “Our mission is to bring the best of nature to humankind. Joining Seattle’s life sciences and biotech community is an important step forward in our efforts to create and deliver the best natural health and wellness products.”