IMAC’s BioFirma Subsidiary Announces Registered Status with U.S. Food and Drug Administration
IMAC Holdings, Inc. (IMAC)
Last imac holdings, inc. earnings: 11/14 09:00 am
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Source: GlobeNewswire
BRENTWOOD, Tenn., Aug. 13, 2019 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC), a provider of innovative medical advancements and care specializing in regenerative rehabilitation orthopedic treatments without the use of surgery or opioids, announces its BioFirma subsidiary has received “Registered” status with the U.S. Food and Drug Administration (FDA). This registration permits the BioFirma laboratory to package, process, store, label and distribute human cells and tissue. IMAC is now using BioFirma’s NeoCyte® regenerative medicine products in its rehabilitation clinics. BioFirma is now selling amniotic fluid exosomes to licensed medical doctors in the United States. BioFirma recorded sales of the first exosome product in the second quarter. Ian White, Ph.D., the company's chief scientific officer, and president of BioFirma was recently featured in the docuseries Pain Revealed where he highlighted opportunities of regenerative medicine that he has researched in his career
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