iMD Companies, Inc. (OTC: ICBU) announced that it has signed a Letter of Intent to acquire Riize, LLC, a telemedicine company specializing in men’s and women’s sexual health. This acquisition aims to leverage iMD’s existing relationships in the healthcare field to expand telemedicine solutions, particularly in the sexual health and personal care markets. Riize offers revolutionary telemedicine services that connect patients with licensed healthcare providers through a user-friendly online platform. The acquisition exemplifies iMD’s strategy to reposition itself as a holding company focused on acquisitions and technology development in healthcare.
Healthcare, Telemedicine, Mergers & Acquisitions,United States
https://www.globenewswire.com/news-release/2024/08/19/2932105/0/en/iMD-Companies-Inc-Signs-Letter-of-Intent-to-Acquire-Healthcare-Company-Riize-LLC.html