Core Insights - Cosmos Health Inc. has entered into an exclusive distribution agreement with Diyar United for its Sky Premium Life® nutraceuticals in Kuwait, marking a strategic expansion into the Middle Eastern market [1][2][6] - The agreement grants Diyar United exclusive rights for the registration, promotion, logistics, and distribution of various food supplements, including collagen, vitamins, and herbal blends [3][4] - The initial purchase order exceeds 65,000 units, indicating strong demand and a growing sales pipeline in Kuwait [4] Market Opportunity - Kuwait's nutritional supplements market was valued at approximately $1.16 billion in 2024 and is projected to reach $1.68 billion by 2030, growing at a CAGR of around 6.3%, presenting a significant opportunity for Cosmos Health [5] - The partnership with Diyar United, a respected distributor with extensive healthcare experience, is expected to enhance Cosmos Health's market penetration in Kuwait [2][6] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group with a portfolio of proprietary pharmaceutical and nutraceutical brands, including Sky Premium Life® [7] - The company operates under European Good Manufacturing Practices (GMP) and is involved in the manufacturing and distribution of pharmaceuticals, food supplements, and medical devices across Europe, Asia, and North America [7] - Cosmos Health is also engaged in R&D partnerships targeting major health disorders and has entered the telehealth space through the acquisition of ZipDoctor, Inc. [7]
Cosmos Health Expands Sky Premium Life Into $1Bn+ Kuwait Market; Signs Exclusive Distribution Agreement With Diyar United and Secures Initial Purchase Order of Over 65,000 Units