Business
PetLife Pharmaceuticals Signs Letter of Intent to Acquire Healthy Life Pets Brand
PetLife Pharmaceuticals Signs Letter of Intent to Acquire Healthy Life Pets Brand.
About this update from Petlife Pharmaceuticals Inc
[{"type":"text","content":"\n \n PetLife \n Pharmaceuticals, Inc. (OTCQB: PTLF) (the \"Company\"), a developer of \n a new generation of high potency veterinary cancer medications and \n nutraceuticals for pets, announced today that it signed a Letter of \n Intent to acquire the assets of Healthy Life Pets. Most commonly known \n as Dr. Geoff’s Real Food for Pets™, assets in this brand include six \n SKUs of retail-ready products, including both canned food and \n antioxidant supplements.\n \n \n “Dr. Geoff’s products are some of the best in the world, and the pet \n food line will be a welcome addition to the growing PetLife portfolio,” \n said Ralph Salvagno, M.D., CEO of PetLife Pharmaceuticals. “Through \n extensive research based on our pets’ ancestral diets, Dr. Geoffrey \n Broderick has proven that when dogs and cats ate the same wild, fresh \n fare before manufactured pet food, they lived longer.”\n \n \n This acquisition will allow PetLife to benefit from almost a \n half-century of research and development. Additionally, it will save \n PetLife and its shareholders the substantial cost normally seen in the \n development of a product of this magnitude, being that the current Dr. \n Geoff’s product line is market ready.\n \n \n According to the President of PetLife Pharmaceuticals, Geoffrey \n Broderick, Jr., “Dr. Geoff’s Real Food for Pets™ is the next generation \n of my father’s famous Cornucopia \n Pet Foods, which started the entire natural pet food industry, and \n this means that Dr. Geoff’s is almost 50 years in the making. My father, \n Dr. Broderick, has reached national and international acclaim for his \n lifetime of revolutionary work and his success in the nutritional pet \n industry. Now Dr. Geoff’s will be his veterinary legacy, while providing \n the building blocks for future nutraceuticals currently under \n development by PetLife (with Dr. Geoff’s simultaneously maintaining its \n brand continuity). PetLife Pharmaceuticals was founded with the same \n mission of helping pets live longer, healthier lives, and this \n acquisition will bring us one step closer to fulfilling that goal.”\n \n \n Since 1969, renowned veterinarian Dr. Geoffrey Broderick has been a \n pioneer in the premium, natural pet food world. Using only superior...