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PMGC announces closing of Elevai skincare divestiture

PMGC (ELAB) announced the closing of the previously announced divestiture of its 100% wholly owned subsidiary Elevai Skincare pursuant to a definitive purchase agreement with Carmell Corporation (CTCX) and reaffirms its commitment to accelerating shareholder value creation and market leadership following the sale of its skincare subsidiary, Elevai Skincare. This strategic Divestiture marks a significant milestone in PMGC’s journey as a diversified holding company.

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