Modern Acupuncture

Modern Acupuncture is a U.S.-based healthcare services and wellness company that operates and franchises retail acupuncture clinics. The company focuses on making acupuncture more accessible, convenient, and affordable through a modern, spa-like clinic model in high-traffic shopping centers. Its service offering centers on personalized acupuncture treatment plans for pain, stress, sleep, fertility, digestive and other wellness-related concerns, and the company also markets IV therapy and vitamin shots at certain locations. Modern Acupuncture was founded in 2016 in Scottsdale, Arizona, and appears to operate as an active private company and franchise system rather than a drug-development biotech or pharma company. For a biotech analyst, this is best categorized as a commercial integrative healthcare delivery platform, not a therapeutics developer.