BioStem Technologies Signs Letter of Intent to Acquire Wound Care Products and Technologies from ProgenaCare Global
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BioStem Technologies has signed a letter of intent to acquire wound care products and technologies from ProgenaCare Global, including ProgenaMatrix® and revyve™ Antimicrobial Wound Gel. This acquisition is part of BioStem's strategy to expand its commercial product portfolio.
November 20, 2024 | 12:15 pm
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BioStem Technologies is set to acquire wound care products from ProgenaCare Global, enhancing its product offerings with ProgenaMatrix® and revyve™ Antimicrobial Wound Gel.
The acquisition of ProgenaCare's wound care products is a strategic move for BioStem Technologies, likely to enhance its product portfolio and market position. This expansion is expected to positively impact BSEM's stock price in the short term.
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