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Integrated Biopharma's Wholly-Owned Subsidiary, Manhattan Drug Company, Inc. Appoints Michael Richtmyer as Head of Operations

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Integrated BioPharma (OTCQX: INBP) announced that its wholly owned subsidiary, Manhattan Drug Company (MDC), appointed Michael G. Richtmyer as Head of Operations effective August 3, 2026. He brings more than 35 years of senior leadership in manufacturing, supply chain, quality and organizational transformation across pharmaceutical, nutraceutical, mineral, supplement, personal care and contract manufacturing sectors.

According to Integrated BioPharma, Richtmyer will oversee operational strategy and execution at MDC, focusing on manufacturing performance, supply chain reliability, quality systems, productivity and scalable growth. He previously served as President of Tishcon Corp. and earlier worked at the company from 1991 to 1999.

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HILLSIDE, NJ / ACCESS Newswire / August 20, 2026 / Integrated BioPharma, Inc. ((OTCQX:INBP)) - Manhattan Drug Company, Inc. ("MDC"), a wholly owned subsidiary of Integrated BioPharma, Inc. (the "Company") announces that Michael G. Richtmyer joined the Company on August 3, 2026 as Head of Operations for MDC. Mr. Richtmyer is an experienced senior operations leader, bringing more than 35 years of stewardship in manufacturing, supply chain, quality, and organizational transformation.

Mr. Richtmyer will lead operational strategies and execution across MDC, with a focus on manufacturing performance, supply chain reliability, quality systems, productivity, and scalable growth.

Mr. Richtmyer brings more than three decades of senior operations and general management experience across the pharmaceutical, nutraceutical, mineral, supplement, personal care, and contract manufacturing sectors. His background includes leading multisite manufacturing and distribution organizations, improving profitability, strengthening customer relationships, and guiding organizations through growth, integration, and operational change.

"Michael's deep operational expertise and proven ability to improve performance across complex manufacturing environments make him an outstanding addition to MDC. His leadership will help advance our commitment to operational excellence, quality, customer service, and long-term growth.", stated the Co-Chief Executive Officers of the Company, Riva Sheppard and Christina Kay.

Most recently, Richtmyer served as President of Tishcon Corp., where he held full operational, quality, sales, and budgetary responsibility for two vitamin, mineral, and supplement contract manufacturing sites. There, he managed operations producing softgels, capsules, tablets, and powders, including turnkey packaging solutions for more than 650 active products.

Throughout his career, Mr. Richtmyer held various senior positions at several branded and contract manufacturing companies, specializing in vitamins, minerals, supplements and personal care manufacturing, and the pharmaceutical industry. He led manufacturing, packaging, engineering, maintenance, supply chain, purchasing, quality, information technology, and third-party manufacturing. He implemented new planning processes, updated manufacturing routing and product costing models, established operational performance metrics, and oversaw quality and environmental, health, and safety compliance with federal and state regulatory agencies.

Mr. Richtmyer previously worked with the Company from 1991 to 1999 and now returns with expanded leadership experience in manufacturing operations, supply chain strategy, quality oversight, business transformation, ERP implementation, capital planning, and organizational development.

"I am excited to return to MDC and contribute to its next phase of operational growth," said Mr. Richtmyer. "I look forward to working with the team to build on the Company's foundation, strengthen execution, and deliver reliable, high-quality service to customers, Mr. Richtmyer further stated."

MDC is a contract manufacturer of vitamins and nutritional supplements for sale to distributors, multilevel marketers and specialized health-care providers.

About Integrated BioPharma Inc. (INBP)

Integrated BioPharma, Inc. ("INBP") is engaged primarily in the business of manufacturing, distributing, marketing and sales of vitamins, nutritional supplements and herbal products. Further information is available at ir.ibiopharma.com.

This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, as well as assumptions, that, if they never materialize or prove incorrect, could cause the results of INBP to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements generally are identified by the words "expects," "anticipates," believes," intends," "estimates," "should," "would," "strategy," "plan" and similar expressions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements and are not guarantees of future performance. Such statements speak only as of the date hereof, are subject to change and should not be relied upon for investment purposes. INBP undertakes no obligation to revise or update any statements for any reasons. The risks, uncertainties and assumptions include, among others, changes in general economic and business conditions; loss of market share through competition; introduction of competing products by other companies; the timing of regulatory approval and the introduction of new products by INBP; changes in industry capacity; pressure on prices from competition or from purchasers of INBP's products; regulatory changes in the pharmaceutical manufacturing industry and nutraceutical industry; regulatory obstacles to the introduction of new technologies or products that are important to INBP; availability of qualified personnel; the loss of any significant customers or suppliers; inflation, including inflationary pressures from any tariffs, and tightened labor markets; our ability to expand our customer base and other risks and uncertainties described in the section entitled "Risk Factors" in INBP's most recent Annual Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q. Accordingly, INBP cannot give assurance that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of INBP.

Contact: Dina Masi, CFO
Integrated BioPharma, Inc.
investors@ibiopharma.com
888.319.6962

SOURCE: Integrated BioPharma, Inc.



View the original press release on ACCESS Newswire

FAQ

What did Integrated BioPharma (OTCQX: INBP) announce on August 20, 2026?

Integrated BioPharma announced that Michael G. Richtmyer joined its subsidiary Manhattan Drug Company as Head of Operations, effective August 3, 2026. According to Integrated BioPharma, he will lead operational strategy and execution, emphasizing manufacturing performance, supply chain reliability, quality systems, productivity and scalable growth at MDC.

Who is Michael G. Richtmyer and what is his new role at Manhattan Drug Company (MDC)?

Michael G. Richtmyer is a senior operations leader with more than 35 years’ experience in manufacturing and supply chain. According to Integrated BioPharma, he became Head of Operations at MDC on August 3, 2026, overseeing operations strategy, execution, quality systems, productivity and scalable growth across the organization.

What relevant experience does Michael Richtmyer bring to Integrated BioPharma’s subsidiary MDC (INBP)?

Michael Richtmyer brings over three decades of senior operations and general management experience across pharmaceutical, nutraceutical, supplement, mineral, personal care and contract manufacturing sectors. According to Integrated BioPharma, he has led multisite manufacturing and distribution, implemented planning and costing models, and overseen quality and regulatory compliance with federal and state agencies.

What was Michael Richtmyer’s previous role before joining Manhattan Drug Company in 2026?

Before joining MDC, Michael Richtmyer served as President of Tishcon Corp., overseeing two vitamin, mineral and supplement contract manufacturing sites. According to Integrated BioPharma, he held full operational, quality, sales and budget responsibility, managing production and turnkey packaging for more than 650 active products across multiple dosage forms.

What is Manhattan Drug Company’s business within Integrated BioPharma (INBP)?

Manhattan Drug Company is a contract manufacturer of vitamins and nutritional supplements. According to Integrated BioPharma, MDC produces these products for distributors, multilevel marketers and specialized health-care providers, operating as a wholly owned subsidiary supporting the company’s broader focus on vitamins, nutritional supplements and herbal products.

Did Michael Richtmyer have prior experience with Integrated BioPharma or MDC before 2026?

Yes, Michael Richtmyer previously worked with the company from 1991 to 1999 before returning in 2026. According to Integrated BioPharma, he now brings expanded leadership experience in manufacturing operations, supply chain strategy, quality oversight, business transformation, ERP implementation, capital planning and organizational development to MDC.

Where can investors find more information about Integrated BioPharma (OTCQX: INBP) and this management change?

Investors can learn more about Integrated BioPharma and its operations on the company’s investor relations site at ir.ibiopharma.com. According to Integrated BioPharma, investor inquiries can also be directed to CFO Dina Masi via the investors@ibiopharma.com email address or by calling 888.319.6962 for additional information.