Company Overview
Snapshot
Founded in April 2019, IBOT Israel Botanicals operates with 1–10 employees. The company was acquired by TechCare in November 2023, marking a significant milestone in its trajectory.
Business overview
IBOT Israel Botanicals specializes in developing and manufacturing botanical nutritional supplements and cosmetics. The company's core products include probiotics, minerals, and plant-based formulations designed to address health concerns such as iron deficiency and bone health. Operating within the Health Tech & Life Sciences sector, IBOT also plans to integrate cannabis and hemp-based products, serving the pharmaceuticals and medical cannabis markets with its certified manufacturing facility.
Strategic signal
In November 2023, IBOT Israel Botanicals was acquired by TechCare. This acquisition signals a strategic consolidation within the health tech and botanical supplement industry, indicating a potential expansion or integration of IBOT's product lines and manufacturing capabilities under TechCare's umbrella.
Company Intelligence Q&A
- What is IBOT Israel Botanicals' primary business?
- IBOT Israel Botanicals develops and manufactures botanical nutritional supplements and cosmetics, including probiotics, minerals, and plant-based products for various health applications.
- When was IBOT Israel Botanicals founded?
- IBOT Israel Botanicals was founded in April 2019.
- What certifications does IBOT Israel Botanicals hold?
- IBOT Israel Botanicals holds full certification from the Israeli Ministry of Health and ISO certification bodies, accrediting it to GMP, ISO 9001, and HACCP standards.
- What was a significant corporate event for IBOT Israel Botanicals?
- This acquisition was announced in a Yahoo Finance article on November 1, 2023.
- What types of products does IBOT Israel Botanicals manufacture?
- IBOT Israel Botanicals manufactures products such as HI Golden Line and HI Formulations, with capabilities for both liquid products like tinctures and syrups, and dry products including tablets, capsules, and powders.