FOXO Technologies Plans to Launch Spin-Off of Epigenetics Unit

FOXO Technologies Moves Forward with Spin-Off Plans
FOXO Technologies Inc. (NYSE American: FOXO) has recently unveiled its intention to spin off its promising subsidiary, FOXO Labs, Inc., which specializes in epigenetics. This decision represents a significant step for the company as it aims to further enhance its innovation in epigenetic technology.
FOXO Labs: A Pioneer in Epigenetics
FOXO Labs has emerged as a leader in integrating epigenetic biomarkers into advanced consumer tools and underwriting protocols. With its patent for a groundbreaking machine learning model designed to analyze DNA epigenetic data, the subsidiary is paving the way for transformative health insights through non-invasive tests.
The Impact of Epigenetics on Health
Epigenetics enables us to gain crucial insights about health, lifestyle choices, and longevity—all from a simple saliva sample. This innovation not only spares individuals from invasive procedures like blood draws but also provides scientists with essential data for further research and development.
Revolutionizing Health Coaching
Mark White, the CEO of FOXO Labs, emphasized the company's commitment to harnessing its patented epigenetic technology along with an AI model to create a highly personalized health coaching experience. This AI coach will initially analyze existing wellness data from wearables, followed by deeper epigenetic analyses to devise customized action plans that can significantly enhance one’s health journey.
The Vision for Spinning Off FOXO Labs
Seamus Lagan, CEO of FOXO Technologies, discussed the strategic benefits of the spin-off. By allowing shareholders to directly own shares in FOXO Labs, Inc. while retaining partial ownership, FOXO believes it can simplify its business model and unlock greater value for its stakeholders.
FOXO Technologies and Its Subsidiaries
FOXO operates several subsidiary companies that offer diverse health-related services. One of these is Rennova Community Health, Inc., which manages a critical access hospital providing essential healthcare services. Another subsidiary, Myrtle Recovery Centers, Inc., ensures that individuals struggling with addiction receive proper inpatient and outpatient care.
Enhancing Human Lifespan Through Innovation
The mission of FOXO Labs, Inc. extends beyond traditional health methods. It is dedicated to improving individual lifespans through innovative technology and products. The focus on epigenetics signifies the company’s foresight in understanding the future of health management and wellness.
Contact Information for Further Inquiries
For more information, interested parties can reach out to Sebastien Sainsbury via email at ssainsbury@foxotechnologies.com or call at (561) 485-0151.
Frequently Asked Questions
What does FOXO Technologies specialize in?
FOXO Technologies focuses on advancing technologies in the health sector, particularly through epigenetics and biotechnology.
Why is FOXO spinning off FOXO Labs?
The spin-off is intended to create a more focused business model for both FOXO Technologies and FOXO Labs, allowing each entity to optimize its operations and strategy.
How does FOXO Labs utilize epigenetic technology?
FOXO Labs integrates epigenetic biomarkers into personalized health solutions, enabling non-invasive health assessments and insights.
What services does Rennova Community Health offer?
Rennova Community Health operates a hospital providing critical access care to local communities, ensuring essential medical services are available.
How can someone learn more about FOXO Technologies?
Visit FOXO Technologies' official website at www.foxotechnologies.com for more information.
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