Thorne HealthTech, Inc. (THRN) Acquires Precon Health for $5M

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THORNE HEALTHTECH ACQUIRES PRECON HEALTH

February 3, 2023 7:30 AM EST

Acquisition of PreCon strengthens brain health portfolio and provides access to world-class scientific advisory board

NEW YORK, Feb. 3, 2023 /PRNewswire/ -- Thorne HealthTech, Inc. ("Thorne" or "Thorne HealthTech") (NASDAQ: THRN), a leader in developing innovative solutions for a personalized approach to health and wellness, today announced it has acquired all of the outstanding stock of PreCon Health, Inc. ("PreCon"), a company focused on scientific discovery, innovation, and advancing safe and effective products that support healthy brain function. The acquisition was completed on January 31, 2023, for an aggregate purchase price of $5.0 million.

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