Sanara MedTech Inc. Announces the Acquisition of Certain Assets Related to its Collagen Products Business
FORT WORTH, TX, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. Based in Fort Worth, Texas, Sanara MedTech Inc. ("Sanara," the "Company," "we," "our" or "us") (NASDAQ:SMTI), a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the surgical, chronic wound and skincare markets, announced today the acquisition of certain assets related to its collagen products business. The acquisition of proprietary assets (the "Asset Acquisition") from Applied Nutritionals, LLC, The Hymed Group Corporation, and Dr. George Petito (collectively, the "Sellers") is a major milestone for Sanara