Golden Cross
21 hours ago
$ICBU Expands into the Non-Prescription Supplement Market
https://allcapresearch.com/f/icbu-expands-into-the-non-prescription-supplement-market
A New Chapter in Health and Wellness Innovation
iMD Companies, Inc. (OTC: ICBU), a Florida-based corporation, has repositioned itself with a clear focus on the health infusion technology market. With an emphasis on acquiring and developing cutting-edge health products, iMD seeks to leverage the expertise of its team members and subsidiaries to establish a significant presence in this growing industry.
The companyโs latest strategic moveโits acquisition of Riize LLCโmarks a transformative step forward. Riize LLC, now operating under the name RiizeHealth.com, has already made waves in the telemedicine industry with its online prescription offerings for sexual health, weight control, and hair loss. Through its proprietary oral dissolving film strip technology, Riize has seen an impressive sixfold increase in sales order volume within its first year. This success has set the stage for its next venture: the over-the-counter supplement market.
Revolutionizing Healthcare with Telemedicine
Riize LLC is not just another telemedicine providerโit is revolutionizing the healthcare industry through its cutting-edge telemedicine and pharmacy services. Specializing in men's and women's sexual health and weight loss, Riize sets itself apart with its innovative delivery system, making healthcare more accessible and efficient than ever before.
Through Riizeโs user-friendly online platform, patients can connect with licensed healthcare providers remotely, bypassing long wait times and eliminating the need for in-person clinic visits. Whether through video or phone consultations, individuals can discuss their symptoms, receive accurate diagnoses, and obtain personalized treatment plans tailored to their specific needs.
Riizeโs commitment to breaking down barriers to healthcare access ensures that quality healthcare is just a few clicks away. By integrating its expertise in telemedicine with its upcoming expansion into non-prescription supplements, Riize is poised to reshape the future of digital healthcare.
Expansion into Non-Prescription Supplements
On December 16, 2024, iMD Companies and Riize LLC announced an ambitious expansion into the non-prescription supplement market, revealing a product launch timeline set for the first quarter of 2025. The company will introduce three new supplement productsโRiize Energy, Riize Sleep, and Riize Xtraโthrough a dedicated e-commerce platform, RiizeUp.com. This move capitalizes on the booming supplement industry, where demand for natural health solutions continues to rise.
Each of these new products is tailored to address some of the fastest-growing consumer health concerns:
Riize Energy: Designed to enhance endurance, mental focus, and overall energy levels.
Riize Sleep: Formulated to promote relaxation and support healthy, restful sleep.
Riize Xtra: Crafted to boost circulation, testosterone production, stamina, and sexual vitality.
With projected compound annual growth rates (CAGRs) ranging from 6% to 10% in the coming years, the supplement market presents a lucrative opportunity for iMD and Riize. The companyโs proprietary oral dissolving strip technology offers a unique competitive edge, ensuring superior bioavailability compared to traditional supplement forms.
Cutting-Edge Delivery System
What sets Riizeโs supplement products apart from competitors is their rapid-dissolving oral strip technology. Unlike traditional pills and capsules that have bioavailability rates of just 10-30%, Riizeโs strips achieve 90% absorption, allowing active ingredients to enter the bloodstream 6 to 9 times faster. This innovation enhances the efficacy of supplements, delivering fast-acting results for consumers seeking immediate benefits.
Additionally, the strips are vegan-friendly, sugar-free, and naturally flavored, making them an appealing choice for health-conscious individuals. By prioritizing convenience, efficiency, and quality, Riize is poised to disrupt the supplement industry.
Executive Insights and Growth Strategy
Reilly Schueler, CEO of Riize LLC, emphasized the significance of this expansion, stating:
โOur success in the telemedicine space has shown us the potential for growth in consumer wellness products. With these new non-prescription medicine supplements, we are bringing the same cutting-edge oral strip technology to the market, offering consumers a fast, effective, and innovative supplement experience. We believe this expansion into the non-prescription medicine space will drive significant growth for Riize and strengthen our brand's leadership in health and wellness.โ
Rick Wilson, President and CEO of iMD Companies, Inc., echoed this sentiment:
โWe are incredibly proud of what Riize LLC has achieved in such a short period. The combination of their innovative technology and consumer-focused products positions them perfectly for success in the rapidly growing non-prescription medicine market. This move represents a tremendous growth opportunity for both Riize and ICBU, and we look forward to seeing this new chapter unfold.โ
Market Outlook and Investor Potential
The health and wellness industry has witnessed exponential growth in recent years, driven by increasing consumer interest in natural remedies, preventive healthcare, and accessible wellness solutions. According to market research, the global dietary supplements industry is projected to reach over $230 billion by 2027, reflecting a steady CAGR of 6-10%. With Riizeโs innovative approach and iMDโs strategic leadership, the company is well-positioned to capitalize on this growth trajectory.
From an investment standpoint, iMD Companiesโ expansion signals strong revenue potential and long-term value creation. By combining Riizeโs success in telemedicine with its foray into non-prescription supplements, iMD is establishing a diversified portfolio that mitigates risk while enhancing its market reach.
Furthermore, the direct-to-consumer (DTC) model via RiizeUp.com allows the company to maximize profit margins while maintaining control over brand messaging and customer engagement. This strategy aligns with broader industry trends, where e-commerce has become a dominant force in supplement sales.
The Road Ahead
iMD Companies and Riize LLCโs latest expansion represents a pivotal moment in their evolution. With the official product launch scheduled for early 2025, the company is poised to make an immediate impact on the non-prescription supplement industry. Consumers can look forward to fast-acting, high-quality supplements, while investors can anticipate sustained growth and increased shareholder value.
As iMD continues to innovate and expand, its commitment to delivering cutting-edge health solutions remains steadfast. The combination of advanced oral dissolving film technology, consumer demand for effective wellness products, and a robust growth strategy positions iMD and Riize as emerging leaders in the space.
With a solid foundation, strategic vision, and an expanding product line, iMD Companies, Inc. is set to redefine health supplementation in 2025 and beyond.
BLULLISH
4 months ago
BOOOM $ICBU NEW PRODUCT LAUNCH-READ-READ-iMD Companies and Its Subsidiary Riize Health Announce Official Product Line Launch of Riize Hair
RANCHO CORDOVA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- iMD Companies, Inc. (OTC:ICBU) and its subsidiary Riize LLC (Riize Health) is pleased to announce the launch of its Riize Hair product line.
On Friday, October 25, 2024, Riize Health began selling Riize Hair, an advanced hair loss solution for men, through its telemedicine platform of licensed health care professionals. The proprietary formula in the Riize Hair products combines the most effective FDA approved prescription hair growth ingredients available - minoxidil, finasteride and biotin.
The Riize Hair product is being made available in either topical drops or oral dissolving strips. The products will be offered in 3 different monthly package configurations - individually as drops, individually as strips, or as a combined package of both drops and strips.
With the unique proprietary formula and the introduction of an oral dissolving delivery system, giving superior bioavailability, Riize Hair represents an innovative product approach to the 7+ billion-dollar male hair loss market, as Riize Health continues to bring product innovation forward with its proven expertise in oral dissolving thin film delivery systems.
"We're excited about the opportunity to bring something truly unique to market when it comes to male hair loss products as well as our entire product line," states Reilly Schueler, CEO of Riize Health. "We look forward to continued expansion with Riize Hair, as well as future products. We are just getting started and look forward to giving our clients state of the art delivered products."
Rick Wilson, President and CEO of iMD Companies, Inc., states that, "Having a new product with a different delivery mechanism is a game changer. For those who donโt want to use drops and can use the strips or the option of both is truly catering to our clients. We are so excited about this and canโt wait to carve out our slice of the pie. Our entire line of products is disruptive, and we are excited for our future.โ
As a welcoming statement, weโre inviting new clients and shareholders to go to our website at https://www.riizehealth.com/, use Promo Code ICBU50, and save 50% on all first month's orders.
Follow Riize Social Media
Website @ https://www.riizehealth.com
Canada @ ca.riizehealth.com
Facebook @ https://www.facebook.com/riizehealth
Instagram @ https://www.instagram.com/riizehealth/
TikTok @ https://www.tiktok.com/@riize_up_llc
Blogs @ https://riizehealth.com/pages/recent-blog-post
About Riize, LLC
Riize is revolutionizing the healthcare industry as a leading telemedicine/pharmacy services provider. Our specialized focus on menโs and womenโs sexual health and weight loss sets us apart from the competition due to our revolutionary delivery system. We are proud to offer a convenient and innovative online healthcare service that connects individuals with licensed healthcare providers. At Riize, we understand the importance of personalized care. Thatโs why we provide a platform where patients can easily consult with healthcare professionals remotely. Through video or phone calls, individuals can discuss their symptoms, receive accurate diagnoses, and obtain personalized treatment plans that address their specific needs. We believe in breaking down barriers to healthcare access. With Riize, patients no longer have to endure long wait times or travel to a physical clinic. Our user-friendly platform ensures that quality healthcare is just a few clicks away. Join us in shaping the future of healthcare. Experience the convenience and expertise that Riize offers. Your health and well-being are our priorities.
Follow iMD Companies, Inc. Social Media
Twitter @ https://twitter.com/imd_inc
Instagram @ https://www.instagram.com/imdcompaniesinc/
About iMD Companies, Inc.
iMD Companies. Inc. (OTC:ICBU) is a Florida Corporation. The company has been re-positioned to be a holding company for acquisitions and technology development in the health care markets. iMD's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
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