Medolife Rx Announces Changes to Management and Improvements to AELIA’s Marketing Efforts

Rhea-AI Summary

Medolife Rx, a subsidiary of Quanta (OTCQB: QNTA), is revamping its online marketing strategy, starting with a renewed focus on the AELIA brand wellness products. The current manager of marketing has mutually stepped down, as Medolife seeks a new director to lead these initiatives. The company aims to enhance product awareness and improve consumer engagement through updated websites and social media platforms. Medolife's CEO expresses optimism about the new direction, indicating plans for further positive developments.

Positive

• Revamping online marketing strategy for AELIA brand products.
• Hiring a new marketing team to enhance online presence and sales conversions.
• CEO expresses optimism about the new direction and future developments.

Negative

• Manager of marketing stepped down, indicating possible instability in the marketing strategy.

BURBANK, CA, Feb. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Medolife Rx, Inc. ("Medolife"), a global integrated biopharmaceutical company with R&D, manufacturing, and consumer product distribution, which is a majority owned subsidiary of Quanta, Inc. (OTCQB: QNTA), announced today that the Company is in progress of revamping their online marketing platform, starting off with a change in the marketing and brand development for their AELIA brand wellness products that utilize the company’s polarized ingredients. Medolife believes these changes will bring greater product awareness and improved online presence.

The Company’s manager of marketing and brand development, Maggie Dumais, has stepped down from their position under mutual agreement with the Company. In order to support the Company’s vision of a new marketing strategy, Medolife is finalizing an agreement with a new director of marketing and brand development, whose name will be announced at a later date.

“We are excited with the new direction that the Company is taking with its AELIA products and expect a positive outcome,” says Medolife CEO Dr. Mikaelian. “The Company’s values, goals and plans will be presented in a way that reflects our mission to promote health and well-being with our expanding line of products.”

The Company also hired a new team to oversee the overhaul of AELIA’s websites, product listings and social media presence. The Company hopes that, with the help of these experienced professionals, their online platforms will see an increase in sale conversions and consumer feedback.

Medolife thanks its shareholders and clients for believing in them. The Company will have more positive news coming out soon.

About Medolife Rx

Medolife Rx, Inc. is a global biotechnology company with operations in clinical research, manufacturing, and consumer products. Medolife Rx was created through the merger of Medolife, a private company founded by Dr. Arthur Mikaelian, who pioneered the unlaying polarization technology, and Quanta, Inc., a direct-to-consumer wellness product portfolio company. The Company’s lead clinical development programs include Escozine®, a proprietary formulation consisting of small molecule peptides derived from Rhopalurus princeps scorpions, which is amplified by the Company’s polarization technology and is being researched as a treatment of various indications, including COVID-19 and cancer. The Company intends to pursue product registration and drug approval in multiple countries. 

Through its subsidiary AELIA, Medolife manufactures and distributes consumer wellness products in consumer areas such as pain relief, beauty, and general wellness. AELIA products are designed using Dr. Mikaelian’s polarization technology, which applies advances in quantum biology to increase the potency of active ingredients. Ultimately, Quanta's mission is to deliver better, more effective ingredients to elevate product efficacy, reduce waste, and facilitate healthier, more sustainable consumption.

Beyond its own clinical and consumer applications, the polarization technology used by Medolife and its subsidiaries has many potential applications. From potentiating bio-ingredients, to producing more-effective carbon-trapping plants, to transformative anti-aging solutions, Medolife could have the opportunity to upend how commercial and pharmaceutical products are made and increase their benefits, while decreasing their chemical concentration.

Forward-Looking Statements

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains statements that are forward-looking in nature which express the beliefs and expectations of management including statements regarding the Company's expected results of operations or liquidity; statements concerning projections, predictions, expectations, estimates or forecasts as to our business, financial and operational results and future economic performance; and statements of management's goals and objectives and other similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by terminology such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "we believe," "we intend," "may," "will," "should," "could," and similar expressions. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. These factors and additional information are discussed in the Company's filings with the Securities and Exchange Commission and statements in this release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot guarantee future results. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Contacts:

ir@medoliferx.com

818-659-8052

FAQ

What recent changes has Medolife Rx announced regarding its marketing?

Medolife Rx is revamping its online marketing, particularly for the AELIA brand, and has parted ways with its marketing manager.

What is the significance of the new marketing strategy for Quanta (QNTA)?

The new marketing strategy for Medolife Rx aims to increase product awareness and sales conversions, potentially impacting Quanta's financial performance.

When did Medolife Rx announce its marketing revamp?

The announcement was made on February 7, 2022.

Is there any leadership change at Medolife Rx?

Yes, the marketing manager has stepped down, and a new director of marketing is being finalized.

What are the future expectations for Medolife Rx's AELIA products?

The company expects positive outcomes from the revamped marketing strategy for its AELIA wellness products.