Welcome to our dedicated page for Cosmos Health news (Ticker: COSM), a resource for investors and traders seeking the latest updates and insights on Cosmos Health stock.
Cosmos Health Inc. reports developments across a vertically integrated healthcare platform that includes wholesale pharmaceutical distribution, contract manufacturing, proprietary nutraceutical brands and research and development. Recurring updates cover U.S. commercialization of the 18 Series nutraceutical portfolio, including Noor18, Liv18, Cur18 and Fort18, as well as Sky Premium Life orders, international distribution relationships and product launches.
Company news also covers financial results, margin and revenue drivers at Cana Laboratories, CosmoFarm and Decahedron, AI investments including the Cloudscreen drug-repurposing platform, and Nasdaq listing-compliance or governance matters tied to its common stock.
Cosmos Holdings has launched King Eros and Queen Venus, nutritional supplements aimed at enhancing sexual health for men and women, respectively. These products are being introduced in approximately 1,700 pharmacies in Greece and selected stores in Cyprus, with plans for an additional 1,500 pharmacies by year-end. The company aims for international expansion into the UK, Germany, Canada, and China. Both products are crafted following GMP standards, reflecting quality and safety. CEO Greg Siokas emphasizes strong market demand for these health supplements.
Cosmos Holdings has launched Mosept-Oral, a proprietary oral antiseptic spray targeting bacterial and viral throat infections. Initially available in 3,500 pharmacies in Greece, the company aims to expand to 10,000 pharmacies by year-end. The product contains Chlorhexidine and Lidocaine for sore throat relief and is being registered for sales in various European and Middle Eastern markets. Research suggests its effectiveness against SARS-CoV-2, encouraging potential for broader applications in pandemic health measures.
Cosmos Holdings (OTCQX: COSM) has launched a new dietary supplement, Osteodome, designed to enhance bone, cartilage health, and joint flexibility. The product is part of the Sky Premium Life line and targets normal bone function and muscle performance. Following the recent expansion of its EU distribution network to 1,500 pharmacies, the company anticipates Osteodome to significantly contribute to growth and profitability in 2021. The launch follows a previous product release, Bodyguard, aimed at bolstering immune health during the ongoing pandemic.
Cosmos Holdings has appointed Peter Goldstein to its Board of Directors and entered into an advisory agreement with PGS Ventures B.V. to assist in mergers and acquisitions and strategic planning. Goldstein brings over 30 years of experience in international business, including successful IPOs and mergers. His role will focus on evaluating potential acquisition targets to boost top-line revenues and EBITDA, with a goal of uplisting Cosmos Holdings to a senior exchange. The company aims to leverage his expertise to enhance shareholder value.