Tauriga Sciences, Inc. announced that it intends to fully divest its natural wellness business within the next two months. The company has entered into a Letter of Intent to sell the assets of its natural wellness business. As part of the proposed transaction, Dr. Stella Sung would run the natural wellness business under its new corporate ownership, and Lawrence A. May, M.D. would serve as Chief Medical Officer.

Dr. May has resigned his position as Tauriga's Chief Medical Officer effective July 10, 2015. Dr. Sung will continue to support Tauriga in the important role of Chairman of the Medical Advisory Board.