KRTL Holding Announces Acquisition of Neurogen Brain Balancing
Deal News | Apr 09, 2025 | EIN

KRTL Holding Group Inc., a prominent player in biotech innovation and strategic investment, has announced the acquisition of Neurogen Brain Balancing, LLC. Based in California, Neurogen is known for its neurotechnology that supports cognitive optimization and mental wellness. This acquisition marks a strategic expansion of KRTL's portfolio in mental health solutions. Neurogen will become a subsidiary of KRTL, and its proprietary neuromodulation technology will integrate into KRTL's ecosystem, ensuring global scalability. Through this merger, KRTL plans to enhance Neurogen’s market entry, regulatory services, and overall growth while maintaining a focus on non-opioid, non-invasive treatment solutions. The acquisition structure includes a stock-based deal with profit-sharing and regulatory alignment for new market expansions. KRTL's integration efforts focus on operational and regulatory alignment, supported by internal and third-party advisors. Strategic growth will be informed by their Quality Management System (QMS) and Enterprise Resource Planning (ERP) for improved long-term performance. Further developments will be shared through forthcoming announcements.
Sectors
- Biotechnology
- Healthcare
Geography
- United States – Both KRTL Holding and Neurogen are based in the United States, with activities impacting the U.S. biotechnology and healthcare sectors.
- Bolivia – Neurogen's involvement in data research with Centro de Investigaciones Qumicas in Bolivia highlights a global dimension in their healthcare strategy.
Industry
- Biotechnology – KRTL Holding and Neurogen specialize in biotech solutions, particularly advanced neurotechnology for mental wellness.
- Healthcare – The acquisition enhances KRTL's position in mental health care through non-opioid, non-invasive treatment options.
Financials
- Not Specified – While the acquisition terms are described, specific financial terms such as the deal price or valuation were not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
KRTL Holding Group Inc. | Acquirer | Company | A diversified enterprise focused on biotech innovation, regulatory infrastructure, and strategic investment. |
Neurogen Brain Balancing, LLC | Target Company | Company | A neurotechnology company focusing on brain balancing therapies and cognitive optimization. |
Cesar Herrera | CEO of KRTL Holding Group | People | CEO overseeing the strategic acquisition of Neurogen. |
Gregory Gillispie | President of Neurogen | People | Leading Neurogen during its transition as a subsidiary of KRTL Holding Group. |