BioTE Medical Expands to New Headquarters
10,000 Square-foot Irving, TX Facility is First Phase of Major Expansion in Training, Support and Research
DALLAS, June 11, 2014 /PRNewswire/ -- BioTE Medical, a leading provider of hormone replacement therapy using natural hormone pellets, recently moved into new corporate headquarters in Irving, Texas. The new offices feature over 10,000 feet of space including expanded training, support and research facilities.
BioTE Medical Founder Dr. Gary Donovitz commented on the new corporate headquarters. He said, "The explosive growth of BioTE has required us to expand. Our new facility is state-of-the-art and will allow us to take BioTE Medical to the next level. We're excited to be based in the Las Colinas/Irving area of Dallas-Ft. Worth."
Dan DeNeui, BioTE Medical COO, said the new facility will allow BioTE to offer expanded services as well as the ability to handle projected growth. DeNeui said, "The last several years have been a tremendous experience for BioTE Medical. We founded the company less than 3 years ago and now we're the top provider of hormone replacement methods for medical practitioners across the nation." DeNeui said that the new office complex gives BioTE an opportunity to expand a number of key initiatives, including physician training. He added, "In addition to being able to more effectively bring our team together, the new BioTE headquarters include ample space for training, which is the foundation to the BioTE method." BioTE Medical's physician training program brings hundreds of physicians to DFW each month for intensive training regarding the BioTE method of hormone replacement therapy.
DeNeui said that the new facility will allow BioTE to expand its research efforts. BioTE Research & Development will open in in 2015. Its initial research project will study the effect of bio-identical hormone therapy on veterans suffering from Post-Traumatic Stress Disorder (PTSD) and head injuries.
Founded in 2011, BioTE has experienced impressive growth. Over 500 medical practitioners from 28 states currently offer patients the BioTE method of natural hormone replacement therapy. Cumulatively, BioTE certified practitioners have treated over 100,000 patients. According to Dr. Donovitz, BioTE-certified medical practitioners are on pace to reach the 250,000 patient milestone by 2015.
Donovitz and DeNeui attribute BioTE's growth to a number of factors. Dr. Donovitz commented, "The quality of our medical practitioners is outstanding. We have some of the most talented medical professionals in the nation working with us. This quality, combined with the training we offer, are resulting in a program that is getting outstanding results for patients." In addition to positive patient outcomes, Donovitz said physicians are excited about the growth that BioTE can bring to their practice. He continued, "Recent health care changes are making it more difficult for doctors to make a living. Since hormone replacement therapy is not subject to the restrictions of managed care, it's giving physicians a chance to grow their practices."
DeNeui added, "We have built a quality organization that is serving both doctors and patients with great effectiveness. Because of our aggressive marketing, consumers are really starting to understand what natural hormone replacement therapy is all about. They're understanding the difference between synthetic hormones that the big pharmaceutical companies offer and bio-identical hormone therapy from BioTE Medical."
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SOURCE BioTE Medical
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