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Zeo ScientifiX ( (ZEOX) ) has shared an announcement.
Zeo ScientifiX announced a joint venture with BioXtek, LLC on February 4, 2025, focusing on developing, manufacturing, marketing, and funding biologic regenerative therapeutics. The collaboration includes relocating Zeo’s operations to BioXtek’s facility, establishing a jointly-owned entity for product development, and potentially making BioXtek the exclusive contract manufacturer for Zeo’s products. This strategic move aims to enhance operational efficiencies and secure FDA approval for new products, impacting Zeo’s market positioning. Additionally, Dr. Peter A. M. Everts was appointed as the company’s Chief Scientific and Technology Officer effective February 7, 2025. Dr. Everts brings extensive experience in regenerative medicine, having previously worked with EmCyte Corporation and co-founded the Da Vinci Clinic. His employment agreement includes a base salary, stock options, and potential bonuses, underscoring Zeo’s commitment to advancing its scientific capabilities.
More about Zeo ScientifiX
YTD Price Performance: -4.49%
Average Trading Volume: 5,528
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.57M
For a thorough assessment of ZEOX stock, go to TipRanks’ Stock Analysis page.
