Aditxt Proposes Name Change to bitXbio as Part of Blockchain-Integrated Health Innovation Strategy

Aditxt Inc. has detailed its bitXbio strategy, a framework designed to connect public markets, blockchain technology, and digital asset treasuries to support health innovation through a participation-driven model. The company filed a Preliminary Proxy Statement seeking shareholder approval for several key proposals, including an Employee Stock Purchase Plan and a non-binding advisory vote to amend its Certificate of Incorporation to change its name to bitXbio, Inc. The proposed name change reflects the company's planned evolution into a platform that links digital assets with life sciences ventures.

According to the company's announcement, the bitXbio strategy represents a significant shift in how health innovations might be funded and developed in the future. The framework aims to leverage blockchain and Web3 technologies to create new pathways for supporting breakthrough health technologies. This move comes as Aditxt positions itself at the intersection of traditional healthcare innovation and emerging digital asset technologies. The company describes itself as a social innovation platform accelerating health-focused technologies, with its ecosystem comprising research institutions, industry partners, and shareholders.

The Employee Stock Purchase Plan is intended to strengthen employee-shareholder alignment and support the company's long-term growth vision. Aditxt currently operates four programs focused on autoimmunity, cancer and early disease detection, infectious diseases, and women's health. The company's innovation platform serves as the cornerstone of its strategy, where multiple disciplines drive disruptive growth and address significant societal challenges. Additional information about the company is available in their newsroom at https://ibn.fm/ADTX.

The full details of the proposals and the company's strategic direction are outlined in the Preliminary Proxy Statement filed with regulators. Investors and stakeholders can review the complete press release at https://ibn.fm/5CjtY for comprehensive information about the bitXbio strategy and the proposed corporate changes. The company's model emphasizes democratizing innovation and ensuring every stakeholder's voice is heard and valued in the development process. This initiative highlights a growing trend of integrating decentralized technologies into the traditionally conservative healthcare and life sciences sectors, potentially altering investment and collaboration models for future medical breakthroughs.