Lotus Bio-Know-how Improvement Corp, Inc. Initiates Firm Title Change
IRVINE, Calif., Aug. 16, 2022 /PRNewswire/ — Lotus Bio-Know-how Improvement Corp. (OTC:LBTD) is worked up to announce right now that the corporate has begun the method of adjusting its title from Lotus Bio-Know-how Improvement Corp. to Boomerang Company.
Relating to the title change, CEO Hoyt Christopher stated, “This new title extra carefully displays the approachable, customized nature of our present and future enterprise mannequin which goals to empower customers by making healthcare simply accessible, customizable, and controllable.”
Boomerang employs an identical enterprise mannequin to EverlyWell (presently valued at $2.9 Billion) and Hims & Hers, Inc. (presently valued at $1.2 Billion). Boomerang delivers check kits on to customers that embody self-collection pattern gadgets. The consumer then ships their pattern again to one in all Boomerang’s labs through a return-label for testing and receives their outcomes digitally in addition to a customized wellness plan based mostly on the outcomes. Boomerang presently affords testing supporting Males’s Well being, Ladies’s Well being, Sexual Well being and COVID-19.
Boomerang noticed a possibility to reinvent healthcare by shifting diagnostic checks into the consolation of house and offering customers with an empowered path ahead based mostly on their outcomes. By way of state-of-the-art at-home diagnostic testing, customizable wellness plans, and strategic partnerships, Boomerang is uniquely positioned to turn into a frontrunner inside the fast-growing billion-dollar digital well being market.
Extra details about the corporate could be discovered at: boomerangkit.com
Secure Harbor Assertion: This press launch incorporates “forward-looking statements.” Though the forward-looking statements on this launch mirror the nice religion judgment of administration, forward- trying statements are inherently topic to identified and unknown dangers and uncertainties which will trigger precise outcomes to be materially completely different from these mentioned in these forward-looking statements.
Readers are urged to rigorously evaluate and contemplate the assorted disclosures made by LBTD in our stories filed with the Securities and Change Fee, together with the chance components that try to advise events of the dangers which will have an effect on our enterprise, monetary situation, outcomes of operation and money flows. If a number of of those dangers or uncertainties materialize, or if the underlying assumptions show incorrect, our precise outcomes could range materially from these anticipated or projected. Readers are urged to not place undue reliance on these forward-looking statements, which communicate solely as of the date of this launch. We assume no obligation to replace any forward-looking statements as a way to mirror any occasion or circumstance which will come up after the date of this launch.
David Ottestad, Inventive Director
Electronic mail: [email protected]
SOURCE Boomerang Company