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Cosmos Holdings Announces Name Change to Cosmos Health, Reflecting Company's Evolution into an Innovative Global Healthcare Group, Driven by One Purpose: Improving People's Lives
CHICAGO, IL / ACCESSWIRE / July 29, 2022 / Cosmos Holdings, Inc. ("the Company") (NASDAQ:COSM) announced today that it is changing the name of the Company to
About this update from Cosmos Health Inc.
[{"type":"text","content":"CHICAGO, IL / ACCESSWIRE / July 29, 2022 / Cosmos Holdings, Inc. (\"the Company\") (NASDAQ:COSM) announced today that it is changing the name of the Company to Cosmos Healthto better reflect the Company's evolution into an innovative global healthcare group with a focus on improving people's lives. The enhancement with cutting edge technlogies for the development of its pharmaceutical and nutraceutical products, through its vertical integrated ecosystem, will enable Cosmos Health to implement its goal of becoming a global healthcare group, committed to human health needs.\"The Cosmos Health brand marks a new chapter in the Company's evolution and better reflects our commitment towards a leading, highly scalable and innovative global healthcare group based on our R&D partnerships, fully licensed production facilities and fast deployment to distribution channels. This is in alignment with the Company's recent announcements about R&D partnerships (CloudPharm) and a proposed acquisition (Cana Laboratories) of a fully licensed Good Manufacturing Practices (GMP) medical manufacturing facility with an outstanding scientific personnel, represents with the utmost accuracy the plan that is being implemented towards the goal of becoming a leading global healthcare group,\" stated Greg Siokas, Chief Executive Officer of Cosmos Health.\"Our ecosystem enables cutting-edge technology and top-tier R&D departments to produce innovative and unique formulations for new pharmaceuticals and nutraceuticals, primarily focusing on major health disorders and prevalent diseases. Our organization's principles are the beacon to continue to build, progress and enhance this ecosystem under the Cosmos Health banner,\" concluded Greg Siokas.The Company is qualified to do business under the name Cosmos Health and will formally amend its Articles of Incorporation following this fall's annual shareholders meeting.About Cosmos Health Inc.Cosmos Health Inc. (Nasdaq: COSM) is a global healthcare group that was incorporated in 2009 and is headquartered in Chicago, Illinois. Cosmos Health is engaged in the nutraceuticals sector through its own proprietary lines of products \"Sky Premium Life\" and \"Mediterranation.\" Additionally, the Company is operating in the pharmaceutical sector through the provision of a broad line of branded generics and OTC medications and is...