Institute of Biomedical Research Corp Announces Purchase of Biomedical and Nutraceutical Assets

SEATTLE, WA, July 22, 2022

(GLOBE NEWSWIRE) — Institute of Biomedical Research Corp. (OTC Pink: MRES), a diversified biomedical company, announces the purchase of biomedical and nutraceutical assets from Wuhan General Group (China), Inc in an all-cash transaction (“Purchase”).

This purchase is a perfect match to our business model and supports both our strategy in expanding our portfolio of biomedical and nutraceutical products. We are excited about the potential for growth and innovation that this acquisition brings to our company.

The acquisition includes a range of biomedical assets, including research and development projects, intellectual property, and existing product lines. The addition of these assets will strengthen our position in the biomedical industry and allow us to offer a wider range of products and services to our customers.

Furthermore, the purchase of nutraceutical assets will complement our existing portfolio of health and wellness products. We see a growing demand for nutraceuticals in the market, and this acquisition will allow us to meet that demand while continuing to uphold our commitment to quality and innovation.

Overall, we believe that this acquisition will position Institute of Biomedical Research Corp for long-term success and growth in the biomedical and nutraceutical industries.

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How this will affect me:

As a consumer, this acquisition may bring new and innovative biomedical and nutraceutical products to the market, providing you with more options for improving your health and wellness. Keep an eye out for new products from Institute of Biomedical Research Corp that may benefit you.

How this will affect the world:

This acquisition signifies a growing trend in the biomedical industry towards expansion and diversification. It may lead to increased competition and innovation in the market, ultimately benefiting consumers by driving advancements in healthcare and wellness products on a global scale.

Conclusion:

The purchase of biomedical and nutraceutical assets by Institute of Biomedical Research Corp marks an exciting new chapter for the company. With a focus on growth and innovation, we are committed to delivering high-quality products that meet the needs of our customers and contribute to advancements in the biomedical and nutraceutical industries.