Integrated
Ventures Announces Strategic Entry Into Health & Wellness
Industry with Focus on GLP-1 Products
Tampa, FL -- August 28,
2024 -- InvestorsHub NewsWire -- Integrated Ventures, Inc.
(OTCQB:
INTV), a diversified portfolio holdings company, is excited to
announce its strategic entry into the rapidly expanding health and
wellness sector.
The initial phase of
this transition will be led by the newly established subsidiary,
MedWell USA, LLC, which will serve as a B2B Procurement Agent for a
variety of pharmaceutical products, with a particular focus on the
booming medical weight loss and GLP-1 markets.
MedWell USA will be
focused on the development of innovative weight loss and wellness
management solutions, targeting B2B clients such as medical
offices, fitness facilities and wellness clinics. This approach is
designed to meet emerging consumer demands and capitalize on the
significant growth within the global health and wellness
industry.
Steve Rubakh, CEO of
Integrated Ventures, comments: "This strategic entry represents a
significant evolution for our company. The health and wellness
sector offers immense growth potential, and we are eager to bring
unique and impactful solutions (B2B and B2C) to market that will
meet the critical needs of consumers seeking to improve their
health and well-being. According to UB Securities (*) forecast, the
combined GLP-1 market for obesity and diabetes will reach $129
billion by 2029, with 40 million users (with 44% based in USA) and
a robust compound annual growth rate (CAGR) of 30%."
In addition to
launching MedWell USA, the Company is in the process of
establishing two more subsidiaries, aimed at broadening its weight
loss related operations. Furthermore, the Company is finalizing
strategic joint ventures that will enable INTV to quickly and
effectively penetrate the lucrative health and wellness
market.
Integrated Ventures is
committed to driving shareholder value by seizing high-growth
opportunities within the health and wellness sector. The Company
will provide regular updates as it advances its strategic plans and
achieves key milestones.
(*)
https://www.ubs.com/global/en/investment-bank/in-focus/2024/glp-1-a-medication.html
About Integrated
Ventures, Inc:
Integrated Ventures,
Inc. is a diversified holdings company that develops, acquires,
operates, and invests in unique businesses. The Company's current
operations include digital currency mining and hosting.
About MedWell
USA, LLC:
MedWell USA, LLC, based
in Tampa, FL, is a B2B Procurement Agency specializing in the
health and wellness sector, with a focus on medical weight loss and
GLP-1 products. The company targets medical offices, wellness
clinics, gyms, and online telemedicine companies.
Safe Harbor
Statement:
The information posted
in this release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of1995. You
can identify these statements by use of the words "may," "will,"
"should," "plans," "explores," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, and various other factors beyond the company's
control.
