other material
confidence high
sentiment positive
materiality 0.65
Medical Exercise signs first OnCore franchise in Regina, Canada; exits back pain market
MEDICAL EXERCISE INC.
- First OnCore franchise granted to Degco Fitness Ventures Ltd. for flagship location at 4057 Albert Street, Regina, SK; projected opening September 2026.
- Company completed exit from back pain treatment market, sold all related equipment, to focus solely on integrated longevity science.
- Franchise model centered on four pillars: AI-driven EGYM exercise, Gemini AI nutrition, continuous assessments, and clinical medical support including GLP-1s.
- Degco Fitness Ventures is owned by President Matthew Degelman, making the agreement a related-party transaction.
- New digital platform www.oncorelongevity.com launched as part of strategic realignment.