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Thorne HealthTech Joins Hand With Mitsui To Form Thorne Asia JV

Author: Shivani Kumaresan | January 13, 2022 11:08am

Thorne HealthTech Inc (NASDAQ:THRN) has agreed to form a joint venture with Mitsui & Co Ltd (OTC: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.

Posted In: MITSY THRN