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Biote - BTMD STOCK NEWS

Welcome to our dedicated page for Biote news (Ticker: BTMD), a resource for investors and traders seeking the latest updates and insights on Biote stock.

Overview

Biote Corp (BTMD) operates at the nexus of hormone optimization, personalized medicine, and practice-building platforms. The company specializes in providing a comprehensive framework for healthcare practitioners, equipping them with the tools and methodologies necessary to establish and grow a practice focused on hormone regulation and therapeutic optimization. Through its Biote-certified system, the company enables medical professionals to deliver personalized solutions that address intricate hormone imbalances, thereby meeting the evolving needs of their patient populations.

Business Model and Operational Framework

At its core, Biote Corp’s business model centers on a growth and practice-building strategy. The company offers a structured, scalable program that includes:

  • Certification Training: A comprehensive training module that empowers practitioners with the latest techniques in hormone optimization, ensuring they are well-versed in the relevant medical protocols and business strategies.
  • Operational Support: Guidance and support in setting up practices that are adept at delivering individualized hormone optimization therapies. This includes assistance with best practices, administrative workflows, and compliance with industry standards.
  • Personalized Medicine Approach: Integration of patient-specific metrics to tailor hormone therapies, enabling practitioners to design treatments that are both effective and aligned with the unique physiological profiles of their patients.
  • Practice-Building Tools: A suite of business development tools that help practitioners build a sustainable and profitable operation, including strategies for patient acquisition, retention, and comprehensive care management.

Market Position and Industry Significance

Biote Corp has established itself in a niche yet rapidly evolving segment of the healthcare industry. With the increasing demand for personalized medicine, the company’s emphasis on hormone optimization has resonated with practitioners looking to differentiate their services. The framework provided by Biote not only improves clinical outcomes but also enhances the business viability of healthcare practices. This dual focus on clinical excellence and operational growth makes Biote’s model particularly attractive, as it resolves common challenges faced by practitioners: balancing medical innovation with sustainable practice management.

Service Differentiation and Competitive Landscape

The distinctive value of Biote Corp lies in its integrated approach that unites clinical protocols with business strategies. Unlike traditional medical service providers or isolated health-tech solutions, Biote offers an end-to-end system that simplifies the complexities of launching and maintaining a hormone optimization program. Its certified training programs, operational guides, and continuous support ensure that practitioners are not only clinically proficient but also adept at managing a competitive healthcare practice.

Expertise, Experience, and Trust

Biote Corp’s commitment to excellence is reflected in its detailed attention to the intricate balance of medical efficacy and business acumen. The company’s methodologies are underpinned by extensive research and evolving scientific insights in hormone balance therapies, while its practice-building framework is designed to meet the operational needs of modern healthcare providers. The convergence of detailed clinical protocols with robust administrative support underscores the company’s expertise, making it a trusted resource in the realm of personalized medicine and hormone optimization. This meticulous dedication to quality and continuous education fortifies its reputation among professionals and positions Biote as a valuable asset for practitioners aiming to achieve both clinical impact and operational success.

Understanding the Biote Approach

Every aspect of Biote Corp’s program is strategically designed to minimize the complexity of integrating advanced hormone optimization strategies into a clinical setting. By focusing on personalized solutions, practitioners are provided with a tailored roadmap that considers the unique biological markers of their patients, ensuring that treatments are both scientifically sound and individually adapted. The consolidated approach not only standardizes best practices but also lays a strong foundation for long-term practice viability in an increasingly competitive healthcare landscape.

Conclusion

Biote Corp exemplifies a modern approach to healthcare practice development, blending rigorous clinical procedures with essential business strategies. Its comprehensive, certified program in hormone optimization offers a structured pathway for practitioners to not only enhance patient outcomes but also thrive in the business arena. In doing so, Biote plays an instrumental role in advancing personalized medical treatments and supporting the growth of sustainable healthcare practices.

Rhea-AI Summary

Biote Corp. (NASDAQ: BTMD) has settled outstanding litigation with its founder, Dr. Gary S. Donovitz, by repurchasing all of his 18.4 million shares at $4.17 per share. The Settlement Agreement includes mutual claims release, termination of advisory agreement, non-compete and non-solicitation agreements, and a voting agreement. The company plans to repurchase shares over a three-year schedule for a total of approximately $76.9 million to enhance shareholder value.

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Biote Corp. (Nasdaq: BTMD) announced the release of its first-quarter 2024 financial results on May 7, 2024, after the market closes. A conference call to discuss the results will be held at 5:00 p.m. ET on the same day.
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Biote (BTMD) announced financial results for Q4 and full year 2023, showcasing revenue growth, increased procedure revenue, and gross profit margin improvements. The company expanded its practitioner network and launched BioteRx products. They also repurchased founder shares and initiated a $20M share repurchase program. Despite a net loss in 2023, adjusted EBITDA and EBITDA margin increased. The 2024 financial outlook predicts revenue of $200-$204 million and adjusted EBITDA of $60-$63 million.
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Biote Corp. (BTMD) announces the release of its fourth-quarter and full-year financial results on March 12, 2024, followed by a conference call to discuss the outcomes. The company focuses on personalized hormone optimization and therapeutic wellness solutions.
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Biote Corp. (BTMD) announces the repurchase of approximately 18.4 million Class A shares and Paired Interests at $4.17 per share, resolving litigation with founder Dr. Gary S. Donovitz. The settlement includes mutual claims release, non-compete agreements, and a voting agreement. The repurchase, totaling $76.9 million, aims to enhance shareholder value and strengthen Biote's position in therapeutic wellness.
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Biote Corp. (BTMD) has announced a $20 million share repurchase program, marking the company's first authorization for share repurchases. The program grants management the authority to repurchase outstanding shares of the common stock through various means. CEO Terry Weber expressed confidence in the company's growth opportunity and business outlook, citing a strong balance sheet to support opportunistic share repurchases. The timing and extent of repurchases will be at the discretion of management, with no obligation to repurchase any specific amount or number of shares.
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Biote Corp. (BTMD) has announced the acquisition of F.H. Investments, Inc., d/b/a Asteria Health, a 503B manufacturer of compounded bioidentical hormones, for a purchase price of $8.5 million. The acquisition is expected to strengthen Biote's control over its supply chain, enhance efficiency, and provide expertise in 503B manufacturing. The transaction is anticipated to have minimal near-term revenue impact on Biote, with the potential for additional payments to Asteria Health shareholders based on production metrics.
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Biote Corp. (BTMD) expects 2023 revenue and Adjusted EBITDA to be slightly below prior guidance, with revenue of $185-$187 million and Adjusted EBITDA of $54-$56 million. The 2023 revenue growth is expected to be approximately 12% over the prior year, with procedure revenue growth of 9% and dietary supplement revenue growth of 17%. The expected fourth quarter revenue includes procedure revenue growth of 7% and dietary supplement revenue decline of 15% compared to the same period in 2022. The decline in dietary supplement revenue was due to one of Biote’s larger distributors exiting the nutraceutical business. The company also provided initial 2024 financial guidance, projecting revenue of greater than $200 million and Adjusted EBITDA of greater than $60 million, with expected modest contributions from new therapeutic wellness products and the acquisition of Asteria Health.
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Biote Corp. (BTMD) announces Robert Peterson as new Chief Financial Officer, bringing 15 years of health and wellness industry experience and public company experience. Peterson will lead finance operations, including accounting, financial planning, and analysis. The transition is unrelated to financial results or disagreements. CEO Terry Weber expresses gratitude to outgoing CFO Samar Kamdar and looks forward to maximizing growth opportunities.
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Biote (NASDAQ: BTMD) Achieves Progress in Test of Complementary Wellness Therapeutics, Reiterates 2023 Financial Guidance. Biote reported a 8.5% increase in revenue to $45.6 million and a 70-basis point increase in gross profit margin to 68.9%. Net income rose to $19.6 million with a net income margin of 43.1%. Adjusted EBITDA increased by 14.7% to $14.0 million with a margin of 30.8%. The company also reiterated their 2023 guidance range of $190-$200 million in revenue and $56-$60 million in Adjusted EBITDA.
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FAQ

What is the current stock price of Biote (BTMD)?

The current stock price of Biote (BTMD) is $3.35 as of April 10, 2025.

What is the market cap of Biote (BTMD)?

The market cap of Biote (BTMD) is approximately 106.1M.

What is the core business of Biote Corp?

Biote Corp focuses on enabling healthcare practitioners to build successful, hormone optimization practices through comprehensive training and operational support.

How does Biote support its certified practitioners?

The company provides a detailed certification program, operational guidance, and practice-building tools that help practitioners implement personalized hormone optimization therapies.

What does hormone optimization involve?

Hormone optimization involves tailoring treatments to address imbalances in hormone levels using personalized protocols, with an emphasis on enhancing overall patient wellness.

What differentiates Biote Corp from other healthcare service providers?

Biote stands out by integrating a dual-focus approach that combines advanced clinical protocols for hormone therapy with robust business strategies for sustainable practice growth.

What kind of training does Biote provide?

Biote offers a comprehensive certification program that educates practitioners on both the clinical aspects of hormone optimization and the best practices for managing a successful healthcare practice.

How does Biote assist practitioners in practice building?

Through a suite of operational tools and business development strategies, Biote helps practitioners streamline administrative tasks, enhance patient acquisition, and foster long-term growth.

Can Biote's approach be integrated into existing practices?

Yes, Biote's framework is designed to be adaptable, allowing existing practices to seamlessly incorporate personalized hormone optimization protocols and improve service quality.

What benefits do patients receive from Biote-certified practitioners?

Patients benefit from individualized care plans that precisely target hormonal imbalances, ensuring treatments are customized to their unique health profiles and optimizing overall wellness.
Biote

Nasdaq:BTMD

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BTMD Stock Data

106.11M
23.81M
27.29%
69.36%
2.09%
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