- Thorne HealthTech Inc THRN has agreed to form a joint venture with Mitsui & Co Ltd MITSY called Thorne HealthTech Asia Pte. Ltd. (Thorne Asia).
- The JV is expected to expand access to Thorne's solutions and personalized approaches to address health and wellbeing across Asia.
- Thorne Asia JV will promote and provide Thorne's diagnostics, analytics, and supplement offerings online and through medical and retail providers and use Mitsui's retail expertise and relationships in the region.
- "By partnering with Mitsui, we now have access to an extensive in-market business network that will enable us to expand Thorne's innovative products and services," said Thorne HealthTech CEO Paul Jacobson.
- Price Action: THRN shares are trading lower by 1.33% at $6.33 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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