Adia Nutrition Secures Expanded Stem Cell Coverage for 250,000+ Members Through Health Care Sharing Ministry
ADIA has more than doubled off its 52-week low of $0.018 on light trading volume (0.1× avg).
Summary
Adia Nutrition announced that an independent health care sharing ministry, serving over 250,000 members, will now cover up to three stem cell treatments per client. This significantly expands market access for Adia's regenerative therapies, such as AdiaVita, by providing a payment mechanism for a large potential customer base. This follows recent news of clinical studies and clinic partnerships, indicating a concerted effort to commercialize their stem cell treatments. The expanded coverage is a material step towards revenue generation and market penetration for the company.
At the time of this announcement, ADIA was trading at $0.16 on OTC in the Life Sciences sector. The 52-week trading range was $0.02 to $0.28. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: TMX Newsfile.