Artificial Intelligence Drug Repurposing
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Cosmos Health Enters New Nanotechnology R&D Program to Develop Next-Generation Nutraceutical Formulas with Enhanced Phytochemical Efficacy
Globenewswire· 2025-10-31 14:45
Core Insights - Cosmos Health Inc. has initiated a new research and development program utilizing nanotechnology to enhance the effectiveness of phytochemical constituents in dietary supplements [1][2] - The new initiative builds on the proprietary technology developed during the creation of CCX Hydrogel, focusing on plant-based extract-loaded phytosomes to improve absorption, stability, and bioactivity of phytochemicals [2][5] - The company emphasizes a sustainable, solvent-free process for creating phytosomes, aligning with its commitment to environmentally responsible practices [3][5] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada, with a portfolio of proprietary pharmaceutical and nutraceutical brands [6] - The company manufactures a range of products, including pharmaceuticals, food supplements, cosmetics, and medical devices, under European Good Manufacturing Practices (GMP) [6] - Cosmos Health has established R&D partnerships targeting major health disorders and has entered the telehealth space through the acquisition of ZipDoctor, Inc. [6]
Cosmos Health Expands Its Ethereum Holdings With an Additional $200,000 Purchase Under Its $300 Million Digital Assets Facility; Total Investment Now Reaches $2 Million
Globenewswire· 2025-10-21 16:10
Core Insights - Cosmos Health Inc. has acquired an additional $200,000 worth of Ethereum, increasing its total investment in ETH to $2 million [1][2][3] - The acquisition is part of a broader strategy supported by a $300 million digital assets facility aimed at diversifying and strengthening the company's portfolio through targeted digital asset investments [2][3] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada [3] - The company owns a portfolio of proprietary pharmaceutical and nutraceutical brands and operates manufacturing under European Good Manufacturing Practices (GMP) [3] - It distributes a wide range of pharmaceuticals and parapharmaceuticals through subsidiaries in Greece and the UK, and has established R&D partnerships targeting major health disorders [3] - The company has entered the telehealth space through the acquisition of ZipDoctor, Inc. and is expanding its operations globally [3]
Cosmos Health Regains Compliance with Nasdaq Minimum Bid Price Requirement
Globenewswire· 2025-10-16 12:00
Core Points - Cosmos Health Inc. has regained compliance with Nasdaq Listing Rule 5550(a)(2), confirming a minimum bid price of $1.00 per share [1][2] - The compliance was achieved organically over 18 consecutive business days, with the closing bid price at or above $1.00 from September 22, 2025, to October 15, 2025 [2] - CEO Greg Siokas emphasized the importance of this achievement as a reflection of the company's strategic initiatives and strengthening fundamentals [3] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada [4] - The company owns a portfolio of proprietary pharmaceutical and nutraceutical brands and operates under European Good Manufacturing Practices (GMP) [4] - Cosmos Health manufactures and distributes a wide range of pharmaceuticals and parapharmaceuticals, with a focus on R&D partnerships targeting major health disorders [4] - The company has entered the telehealth space through the acquisition of ZipDoctor, Inc. and is expanding its global distribution platform [4]
Cosmos Health Purchases an Additional $300,000 in Ethereum Under Its $300 Million Digital Assets Facility; Total Investment Reaches $1.8 Million
Globenewswire· 2025-10-13 18:05
Core Insights - Cosmos Health Inc. has increased its investment in Ethereum (ETH) to a total of $1.8 million by purchasing an additional $300,000 worth of ETH [1][3] - The purchase is part of a broader strategy under a $300 million digital assets facility aimed at diversifying the company's portfolio through strategic digital asset investments [2][3] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada [3] - The company owns a portfolio of proprietary pharmaceutical and nutraceutical brands and operates manufacturing under European Good Manufacturing Practices (GMP) [3] - It distributes pharmaceuticals and parapharmaceuticals through subsidiaries in Greece and the UK and has established R&D partnerships targeting major health disorders [3]
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
Globenewswire· 2025-10-03 19:56
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 Commences U.S. Operations, Entering $164B Nutraceuticals Market with Its Sky Premium Life Brand; Expects 75% Gross Margins and Strong Cash Flow, with NOOR Collagen Alone Projected to Generate Over $12M in Annualized Revenue
Globenewswire· 2025-09-22 12:00
Core Viewpoint - Cosmos Health Inc. has officially launched its U.S. operations with the introduction of its proprietary Sky Premium Life food supplements brand, marking a significant milestone in its expansion strategy into the world's largest nutraceuticals market [1][7]. Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada, with a portfolio of proprietary pharmaceutical and nutraceutical brands [8]. - The company operates through subsidiaries in Europe and North America, focusing on manufacturing pharmaceuticals, food supplements, cosmetics, and medical devices [8]. Product Launch and Sales - The Sky Premium Life NOOR Collagen product, formulated with premium marine collagen tripeptide, is now available in the U.S. and is designed to support skin and joint health [3][5]. - Early sales momentum for NOOR Collagen is encouraging, with projections indicating it could generate over $12 million in annualized revenue [5][7]. Market Potential - The U.S. nutraceuticals market was valued at $163.7 billion in 2024 and is expected to grow at a CAGR of 6.2% through 2030, driven by increasing health awareness and demand for natural wellness solutions [6]. - The company anticipates strong gross margins of approximately 75% from its U.S. operations, indicating significant cash flow generation potential [5]. Strategic Commitment - Cosmos Health emphasizes its commitment to regulatory excellence and product integrity by manufacturing all Sky Premium Life products in GMP-certified, FDA-registered U.S. facilities [2]. - The launch of NOOR Collagen is the first step in a series of planned product introductions aimed at meeting strong consumer demand in the U.S. market [8].
Cosmos Health Expands Presence in the $7 Billion GCC Nutraceuticals Market, Signs Distribution Agreement with Scientific Pharmacy for Sky Premium Life in Oman, Including Initial Purchase Order of 42,000 Units
Globenewswire· 2025-09-11 12:00
Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada, with a portfolio of proprietary pharmaceutical and nutraceutical brands [6] - The company manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union through its subsidiary Cana Laboratories S.A., which is licensed under European Good Manufacturing Practices (GMP) [6] - Cosmos Health has established R&D partnerships targeting major health disorders and focuses on the R&D of novel patented nutraceuticals and innovative OTC products [6] Recent Developments - Cosmos Health's subsidiary, Sky Pharm SA, signed a distribution agreement with Scientific Pharmacy LLC for its Sky Premium Life food supplement products in Oman [1][3] - Scientific Pharmacy is a leading healthcare and beauty company in Oman, known for its strong customer focus and international brand partnerships [2] - The agreement includes an initial purchase order of 42,000 units, with Scientific Pharmacy managing all core activities related to the distribution and marketing of the products [3] Market Insights - The GCC nutraceuticals market was valued at $6.91 billion in 2024 and is projected to reach $15.5 billion by 2033, with a compound annual growth rate (CAGR) of 8.7% [4] - Growth in the nutraceuticals market is driven by rising health awareness, higher disposable incomes, government initiatives addressing lifestyle diseases, rapid urbanization, and the expansion of retail and e-commerce channels [4] Strategic Outlook - The CEO of Cosmos Health expressed excitement about the expansion into Oman, highlighting the potential for significant revenue generation supported by Scientific Pharmacy's established network [5] - The agreement is seen as a milestone that showcases the quality of Cosmos Health's products and the increasing global demand for the Sky Premium Life brand [5]
Cosmos Health Makes Initial $1M Ethereum Purchase Under Digital Asset Treasury Strategy
Globenewswire· 2025-08-12 13:50
Core Viewpoint - Cosmos Health Inc. has initiated the purchase of Ethereum (ETH) as part of its digital asset treasury reserve strategy, marking a significant step towards integrating cryptocurrency into its financial strategy [1][2]. Group 1: Company Strategy - The company has completed an initial purchase of $1 million in ETH, utilizing a financing facility of up to $300 million with a U.S.-based institutional investor [1]. - CEO Greg Siokas expressed enthusiasm about building an ETH treasury, indicating a shift from holding only cash to incorporating assets with strong appreciation potential [2]. - The strategic move is supported by the growing adoption of ETH by institutional investors, its inclusion in ETFs, and the proposed expansion of cryptocurrency access in retirement plans [2]. Group 2: Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada [3]. - The company owns a portfolio of proprietary pharmaceutical and nutraceutical brands and operates under European Good Manufacturing Practices (GMP) [3]. - Cosmos Health is expanding its global distribution platform and has established R&D partnerships targeting major health disorders, enhanced by AI drug repurposing technologies [3].
Cosmos Health Enters U.S. Market with Strategic Made-in-America Manufacturing, Mitigating Tariff Risks; Executes Agreement with New Jersey-Based DolCas Biotech
Globenewswire· 2025-06-24 14:55
Core Insights - Cosmos Health Inc. has announced its entry into the U.S. market and the launch of U.S.-based manufacturing through a strategic agreement with DolCas Biotech LLC [1][2] - The production will take place in GMP-certified facilities, enhancing operational control and reducing tariff exposure [2][4] - This partnership aims to strengthen Cosmos Health's position in the premium nutraceuticals market and expand its portfolio with scientifically backed ingredients [3][4] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, owning proprietary pharmaceutical and nutraceutical brands and operating a telehealth platform [6] - The company has established R&D partnerships targeting major health disorders and focuses on innovative product development [6] - Cosmos Health has a global distribution platform and is expanding throughout Europe, Asia, and North America [6] Partnership Details - The agreement with DolCas Biotech is expected to leverage DolCas's expertise in clinically validated formulations and vertically integrated manufacturing [3][4] - DolCas Biotech is recognized for its commitment to quality and innovation, with a portfolio that includes clinically supported nutraceutical products [5] - The partnership is seen as a strategic move to support Cosmos Health's growth in the U.S. and globally [4]
RETRANSMISSION – Cosmos Health Reports Q1 2025 Results: Adjusted Profitability Achieved as Gross Profit Rises 54% to $2.05M; Operating Cash Burn Down 95%, or $3.2M, to $0.19M; Approaching Cash Flow Breakeven
Globenewswire· 2025-05-15 18:30
Core Viewpoint - Cosmos Health Inc. reported a strong financial performance for Q1 2025, showcasing a significant turnaround with improved profitability metrics and disciplined cost management. Financial Highlights - Revenue for Q1 2025 was $13.71 million, a decrease of 5.98% from $14.58 million in Q1 2024, attributed to a strategic shift towards higher-margin areas [6] - Gross profit increased by 53.70% to $2.05 million from $1.33 million in the prior-year period, driven by an improved product mix [6] - Adjusted EBITDA rose by 157.8% to $0.37 million compared to a loss of $0.64 million in Q1 2024 [6] - Adjusted Net Income improved by 139.4% to $0.28 million, versus a loss of $0.71 million in the prior-year period [6] Profitability and Cost Management - The company achieved profitability on an adjusted basis for both EBITDA and Net Income, reflecting improved gross profitability and effective cost management [3][9] - Total operating expenses declined by 9.05% to $2.88 million, with significant reductions in salaries and wages (17.34%) and sales and marketing expenses (83.78%) [6] Balance Sheet and Cash Flow - Stockholders' equity increased by $1.42 million, with a liabilities-to-assets ratio of 54.6%, indicating financial discipline [5] - Total assets rose by 5.3% to $57.2 million, while total liabilities increased by 4.9% to $31.24 million [7] - Operating cash burn improved by 94.5% year-over-year, decreasing to negative $0.19 million from negative $3.41 million in Q1 2024 [8] Operational Developments - The wholesale logistics segment (CosmoFarm) and the nutraceutical and pharmaceutical products portfolio, including Sky Premium Life®, were key contributors to the strong performance [4] - The company is advancing its R&D pipeline, with projects like the CCX0722 weight management solution nearing launch [11] - Cosmos Health is expanding its high-margin contract manufacturing segment and growing its flagship nutraceutical brand, Sky Premium Life, in global markets [11]