Pittsburgh-based Carmell Corporation, a bio-aesthetics company, recently changed its name to Longevity Health Holdings.
The company’s common stock and redeemable warrants began trading under the symbols “XAGE” and “XAGEW” respectively on Monday.
“Our new name better reflects our business focus on longevity and healthy aging, encompassing not just bio-aesthetics but also future expansion into potential new segments such as diagnostics and nutrition,” Rajiv Shukla, Longevity Health Holdings chairman and CEO, said. “And it points to our growth strategy based on acquisitions and strategic partnerships in addition to organic growth of our existing business.”
The name change is part of a comprehensive corporate rebranding initiative to better align the company’s business focus and growth strategy with its market and the image investors see. Branding for existing marketed products is unchanged, but the company launched a new corporate logo.
Patrick Sturgeon, who has been with the company since its founding, was appointed vice chairman of the board of directors. He has been board director since July 2023.
In January, the company purchased Elevai Skincare, a provider of stem cell exosome technology. Since the purchase, the company’s sales have grown an average of 34 percent during the first two months of the year compared to the same period of 2024.