Bio-One acquistion
This article was originally published in The Tan Sheet
Executive Summary
Assets of Florida-based firm Physicians Nutraceutical Laboratories purchased by Bio-One Corporation in combination cash and royalty agreement. PNLabs creates proprietary branded nutritional products. The firm's recently launched Choless Test Kit, an at-home cholesterol-testing kit with a 30-day supply of nutritional supplements, and Hormone Health formula for menopausal symptoms, are sold through physicians and at retail stores. Bio-One plans to sell the products via e-commerce, infomercials and direct mail as well...