Business
Ainos Commences Shipping its VELDONA Pet Cytoprotein Supplements in Taiwan
First Batch of 300,000 Units to be Fully Delivered in OctoberAinos Has Expanded Distribution in Multiple Channels and Plans to Scale Up Capacity for Expected
About this update from Ainos, Inc.
[{"type":"text","content":"First Batch of 300,000 Units to be Fully Delivered in OctoberAinos Has Expanded Distribution in Multiple Channels and Plans to Scale Up Capacity for Expected Strong DemandSAN DIEGO, CA / ACCESSWIRE / September 5, 2023 / Ainos, Inc. (NASDAQ: AIMD, AIMDW) (\"Ainos\", or the \"Company\"), a diversified healthcare company focused on the development of AI-powered point-of-care testing, low-dose interferon therapeutics, and synthetic RNA-driven preventative medicine, today announced that it has commenced shipping its VELDONA® Pet cytoprotein supplements in Taiwan.Mr. Chun-Hsien (Eddy) Tsai, Chairman of the Board, President, and Chief Executive Officer of Ainos, commented, \"We have been thrilled by the positive feedback we received from our customers. We are manufacturing 300,000 units of VELDONA® Pet and expect to complete delivery in October to fulfill our first orders. To meet anticipated increasing demand, we plan to scale up capacity with our contract manufacturers. Our customers have shared valuable insights into the shopping habits of Taiwanese pet owners, and we have tailored and aligned our strategies accordingly. Furthermore, we've introduced new packaging for VELDONA® Pet, making it even more convenient for consumers to grab and go from their nearest stores.\" \"Riding the growing wave of enthusiasm for online shopping among pet owners in Taiwan, we are scaling up stocks of VELDONA® Pet available for sale on leading Taiwanese e-commerce platforms. Offline, we are shipping to channels such as pet supply stores and chain drugstores. There are approximately 10,000 chain drugstores in Taiwan. We are deepening our penetration of the roughly 13,000 convenience stores, where many consumers shop almost daily. We believe VELDONA® Pet offers consumers an excellent option to help maintain good health for their pet dogs and cats on a daily basis, in the same way that consumers buy supplements to maintain their own health.\"\"The initial orders we received are an exciting first step for VELDONA® Pet, and I'm confident that our strategic distribution initiatives put us in a strong position to drive sales in Taiwan. Our next moves are to gear up our marketing efforts and collaborate with our two manufacturers to expand production capacity, setting us up to meet expected demand in Taiwan and preparing for our anticipated international expa...