Avalon's laboratory services mso acquires california-based medical supply company and proprietary fda-registered external male catheter device

Freehold, n.j., sept. 13, 2023 (globe newswire) -- avalon globocare corp. (“avalon” or the “company”) (nasdaq: albt), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced laboratory services mso, llc (“lsm”), has acquired merlin medical supply (“mms”), a profitable, well-established home medical equipment (“hme”) and durable medical equipment (“dme”) company providing acute and non-acute medical supplies in ventura county, california. additionally, lsm has acquired leading edge innovations, llc from the same owner. leading edge innovations owns the geewhiz external condom catheter, a patented, fda-registered, in-market, male incontinence device. avalon owns a 40% interest in lsm.
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