PMGC Holdings (ELAB) Shares Skyrocket 230% Amid Acquisition Spree – What’s Next?
Company Overview PMGC Holdings Inc. (NASDAQ: ELAB) is a diversified holding company that grows by acquisitions. Its profile describes it as managing a portfolio of subsidiaries through strategic deals Reuters. Notably, one subsidiary – NorthStrive Biosciences – is a biopharma/medtech firm developing aesthetic and obesity-related treatments (e.g. an engineered probiotic “EL-22” for muscle retention) Reuters. The other arms (PMGC Research, PMGC Capital) provide R&D and investment vehicles. However, PMGC’s recent focus is industrial: it seeks cash-flow positive U.S.-based manufacturing businesses (CNC machining, packaging, etc.) to bolt onto its platform Sec Tipranks. In Jan 2025 the company sold its former skincare
