IPM Medical Group, Inc. acquired IMAC Regeneration Center in Arlington Heights, Illinois from IMAC Holdings, Inc..
December 11, 2023
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IPM Medical Group, Inc. acquired IMAC Regeneration Center in Arlington Heights, Illinois from IMAC Holdings, Inc. (NasdaqCM:BACK) on December 12, 2023.
IPM Medical Group, Inc. completed the acquisition of IMAC Regeneration Center in Arlington Heights, Illinois from IMAC Holdings, Inc. (NasdaqCM:BACK) on December 12, 2023.
IMAC Holdings, Inc. owns and manages health and wellness centers that delivers sports medicine, orthopedic care, and restorative joint and tissue therapies for movement restricting pain and neurodegenerative diseases. The Company provides movement, orthopedic and neurological therapies through its chain of Innovative Medical Advancements and Care (IMAC) Regeneration Centers. The Company, through its outpatient medical clinics, provide conservative, minimally invasive medical treatments to help patients with back pain, knee pain, joint pain, ligament and tendon damage, and other related soft tissue conditions. It operates through two business segments: outpatient medical centers and clinical research division. The Company's research division is conducting a Phase I clinical trial evaluating a mesenchymal stem cell therapy candidate for bradykinesia due to Parkinsonâs disease. The Company operates approximately 10 outpatient medical clinics in five states in the United States.
IMAC HOLDINGS, INC. 
