KALA Bio Signs Non-Binding LOI to Acquire Nationwide Telehealth Platform with Approximately $48 Million in Sales Since Inception
KALA Bio announced on September 24, 2026 that it signed a non-binding letter of intent to acquire 100% of a privately held U.S.-based telehealth platform for approximately $15 million, payable in cash and stock. The target, a LegitScript-certified, NABP-accredited platform serving clients in all 50 states with over 90,000 clients, generated approximately $12.7 million in revenue for the trailing twelve months ended August 2026 and is cash-flow positive. The due diligence period is expected to conclude in November 2026, with closing targeted for late 2026 or early 2027.
Why it matters — The proposed acquisition would expand KALA's reach into a 50-state telehealth platform focused on peptides such as GLP-1 weight management, hormone health, longevity, and sexual wellness.