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Benzinga
Benzinga
Business
Shivani Kumaresan

Thorne HealthTech Joins Hand With Mitsui To Form Thorne Asia JV

  • 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.
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