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Apollo Biowellness to be acquired by MedwellAI with CEO Jim Morrison returning amid major expansion plans.

Company Fundamentals
08 Apr 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Apollo Biowellness is being acquired by MedwellAI, which has reserved a Preferred Series B stock for the transaction. Jim Morrison, a founder of Apollo and its subsidiary Evo Bio, will return as CEO/President and Chairman to lead the company through this transition and expansion. Post-acquisition, Apollo will become a subsidiary of MedwellAI, with plans to launch five new Evo Bio products in 2026. This move aims to position the company as a leader in regenerative medicine with a vertically integrated business model.

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