- Lotus Bio-Technology Development ( OTCPK:LBTD ) enters fast-growing digital health and wellness home testing markets with the acquisition of Focal Point and Boomerangkit.com.
- These acquisitions will give LBTD an immediate foothold in the fast-growing digital health and wellness home testing market, joining high-growth companies such as Everlywell and Color.
- LBTD has announced that it has acquired 100% of Boomerangkit.com, and parent company, Focal Point, with the intent to combine the businesses and assets of the two companies into one operating entity.
- Zoltan Nagy will remain on as director, while Hoyt Christopher has been named CEO of the Co.
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LBTD enters fast-growing digital health and wellness home testing markets