Business
Herborium Sales for First Quarter 2021 rises 20% Debt decreased $500.000
Herborium Sales for First Quarter 2021 rises 20% Debt decreased $500.000.
About this update from Herborium Group, Inc.
[{"type":"text","content":"\n Houston, June 23, 2021 (GLOBE NEWSWIRE) -- Houston, Texas , June 23, 2021  Herborium Group, Inc.  (OTC Pink: HBRM),  a Botanical Therapeutics Company and the provider of unique, all botanical medicinal products (Botanical Therapeutics®) announced today that despite the COVID Pandemic and its impact on the economy,  The company’s performance remains strong and future activities and plans for new products and partnership are in a full swing.  First Quarter sales for 2021 grew 19.7% while gross profit increases15.1% and gross margin grew from 61% to 64%. During this Quarter the company has also retired close to 1/5 of its debt ($500,000) to prepare the Company for upcoming partnership discussions. The First Quarter of 2021 also marked two imported events: the introduction of proprietary masks that prevent aerosol supported viral transmission such as Covid-19expansion of the company’s Advisor Board. Herborium’s reusable fabric mask serves NOT only for COVID -19 protection but is also effective in preventing aerosol transmissible viral infections like influenza (flu) small pox (variola virus), tuberculosis, chicken pox, mumps and others.  Commercial opportunities for the mask persist in many regions of the world where Covid is still prevalent and immunization is not wildly available and when other diseases are also present .  -The mask employs a proprietary Japanese technology tested by Intertek www.intertek.com , which is a Total Quality Assurance provider based in the UK.  Intertek provides Assurance, Testing, Inspection and Certification services in over 100 countries. First Quarter has also witnessed a serious step forward toward transforming the company into a commerce plus content hub while progressing with new products in development. We expect to introduced them shortly.  A lynchpin in these efforts was inviting Dr Ashok N. Vasvani MD., FACE, FACN to join the Herborium Team. Dr Vaswani holds BOARD CERTIFICATIONS in Internal Medicine, Endocrinology and Metabolism as well as in Clinical Nutrition and brings to Herborium a unique blend of multi-disciplinary medical expertise and an integrated, holistic medicinal and wellness approach. A former Fellow of Yale University, Director of Research at Winthrop University Hospital, practicing physician, consultan...