{"id":827287,"date":"2025-03-18T17:33:07","date_gmt":"2025-03-18T21:33:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/biote-announces-purchase-of-shares-by-directors-and-ceo\/"},"modified":"2025-03-18T17:33:07","modified_gmt":"2025-03-18T21:33:07","slug":"biote-announces-purchase-of-shares-by-directors-and-ceo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/biote-announces-purchase-of-shares-by-directors-and-ceo\/","title":{"rendered":"Biote Announces Purchase of Shares by Directors and CEO"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Biote Announces Purchase of Shares by Directors and CEO<\/b><\/p>\n<p>IRVING, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>biote Corp.<\/b> (NASDAQ: BTMD) (\u201cBiote\u201d or the \u201cCompany\u201d) a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that several members of its Board of Directors, along with CEO Bret Christensen, have made open market purchases of Biote\u2019s common stock, acquiring an aggregate of approximately 260,000 shares.\n<\/p>\n<p>\nMarc Beer, Biote Executive Chairman, said, &#8220;These share purchases underscore the collective confidence of Biote\u2019s Board members and CEO Bret Christensen in the Company\u2019s business strategy and long-term outlook. The board is very confident in Bret\u2019s ability to make decisive and material changes at Biote to grow our business. With his deep expertise spanning the diagnostic, therapeutic and medical device health care sectors, we believe Bret<b \/>is exceptionally qualified to lead Biote\u2019s next level of business growth.\u201d\n<\/p>\n<p><b>About Biote<\/b><\/p>\n<p>\nBiote is transforming healthy aging through innovative, personalized hormone optimization and therapeutic wellness solutions delivered by Biote-certified medical providers. Biote trains practitioners to identify and treat early indicators of aging conditions, an underserved global market, providing affordable symptom relief for patients and driving clinic success for practitioners.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words \u201cmay,\u201d \u201ccan,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cestimate,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201chope,\u201d \u201cbelieve,\u201d \u201cseek,\u201d \u201ctarget,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cmight,\u201d \u201congoing,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cwould\u201d and other similar expressions, are intended to identify forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual results or developments to differ materially from those expressed or implied by such forward-looking statements, including but not limited to: the success of our dietary supplements to attain significant market acceptance among clinics, practitioners and their patients; our customers\u2019 reliance on certain third parties to support the manufacturing of bio-identical hormones for prescribers; our and our customers\u2019 sensitivity to regulatory, economic, environmental and competitive conditions in certain geographic regions; our ability to increase the use by practitioners and clinics of the Biote Method at the rate that we anticipate or at all; our ability to grow our business; the significant competition we face in our industry; the impact of strategic acquisitions and the implementation of our growth strategies; our limited operating history; our ability to protect our intellectual property; the heavy regulatory oversight in our industry; changes in applicable laws or regulations; changes to international tariffs; the inability to profitably expand in existing markets and into new markets; the possibility that we may be adversely impacted by other economic, business and\/or competitive factors, including the impact of hurricane and other natural disasters; and future exchange and interest rates. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and other risks and uncertainties described in the \u201cRisk Factors\u201d section of the Biote\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, each filed or to be filed with the Securities and Exchange Commission (the \u201cSEC\u201d) and other documents filed by Biote from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Biote assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Biote does not give any assurance that it will achieve its expectations.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250318177308r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250318177308\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250318177308\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations:<br \/>\n<\/b><br \/>Eric Prouty<br \/>\n<br \/>AdvisIRy Partners<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:eric.prouty@advisiry.com\">eric.prouty@advisiry.com<\/a><\/p>\n<p><b>Media:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:Press@biote.com\">Press@biote.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Managed Care Health Technology Pharmaceutical Health<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Biote Announces Purchase of Shares by Directors and CEO IRVING, Texas&#8211;(BUSINESS WIRE)&#8211;biote Corp. (NASDAQ: BTMD) (\u201cBiote\u201d or the \u201cCompany\u201d) a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that several members of its Board of Directors, along with CEO Bret Christensen, have made open market purchases of Biote\u2019s common stock, acquiring an aggregate of approximately 260,000 shares. Marc Beer, Biote Executive Chairman, said, &#8220;These share purchases underscore the collective confidence of Biote\u2019s Board members and CEO Bret Christensen in the Company\u2019s business strategy and long-term outlook. The board is very confident in Bret\u2019s ability to make decisive and material changes at Biote to grow our business. With his deep &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biote-announces-purchase-of-shares-by-directors-and-ceo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Biote Announces Purchase of Shares by Directors and CEO&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-827287","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Biote Announces Purchase of Shares by Directors and CEO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biote-announces-purchase-of-shares-by-directors-and-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biote Announces Purchase of Shares by Directors and CEO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Biote Announces Purchase of Shares by Directors and CEO IRVING, Texas&#8211;(BUSINESS WIRE)&#8211;biote Corp. (NASDAQ: BTMD) (\u201cBiote\u201d or the \u201cCompany\u201d) a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that several members of its Board of Directors, along with CEO Bret Christensen, have made open market purchases of Biote\u2019s common stock, acquiring an aggregate of approximately 260,000 shares. Marc Beer, Biote Executive Chairman, said, &#8220;These share purchases underscore the collective confidence of Biote\u2019s Board members and CEO Bret Christensen in the Company\u2019s business strategy and long-term outlook. The board is very confident in Bret\u2019s ability to make decisive and material changes at Biote to grow our business. 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(NASDAQ: BTMD) (\u201cBiote\u201d or the \u201cCompany\u201d) a leading solutions provider in preventive health care through the delivery of personalized hormone optimization and therapeutic wellness, today announced that several members of its Board of Directors, along with CEO Bret Christensen, have made open market purchases of Biote\u2019s common stock, acquiring an aggregate of approximately 260,000 shares. Marc Beer, Biote Executive Chairman, said, &#8220;These share purchases underscore the collective confidence of Biote\u2019s Board members and CEO Bret Christensen in the Company\u2019s business strategy and long-term outlook. The board is very confident in Bret\u2019s ability to make decisive and material changes at Biote to grow our business. 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