Cosmos Holdings Launches Proprietary Sky Premium Life Prostatium Supplement for Prostate Health

Rhea-AI Summary

Cosmos Holdings (Nasdaq: COSM) announces the launch of Prostatium, a proprietary supplement aimed at enhancing prostate health and preventing symptoms of Benign Prostate Hyperplasia (BPH). With about 30 million men affected worldwide, Prostatium includes proven ingredients like Saw Palmetto and Lycopene, manufactured under stringent standards. The company aims to expand its product reach across Europe and North America while tapping into the growing demand for high-quality nutraceuticals. CEO Greg Siokas highlighted the importance of this unique formulation developed by their R&D team.

Positive

• Launch of Prostatium supplement for prostate health.
• Targets a significant market with approximately 30 million men affected by BPH.
• Manufactured under strict pharmaceutical standards, ensuring product quality.
• Plans to expand distribution into Europe and North America, increasing market presence.
• CEO emphasizes the innovative formulation backed by extensive research.

Negative

• None.

Designed to prevent and protect against Benign Prostate Hyperplasia, which affects millions of men worldwide

CHICAGO, IL / ACCESSWIRE / March 28, 2022 / Cosmos Holdings, Inc. ("the Company") (Nasdaq:COSM), an international pharmaceutical company with a proprietary line of nutraceuticals and distributor of branded and generic pharmaceuticals, nutraceuticals, OTC medications and medical devices, announced today that Sky Premium Life, Cosmos' proprietary luxury nutritional supplement product line, has launched Prostatium for prostate health.

This innovative formula is designed to boost prostate health, as well as alleviate and prevent Benign Prostate Hyperplasia (BPH) symptoms. BPH, or an enlarged prostate, is a condition quite common in men. Approximately one-third of men are likely to experience BPH by their 50s, with the prevalence increasing with age. Approximately 30 million men worldwide, and as many as 14 million men in the US alone experience symptoms related to BPH. It can cause problems for urine flow or in the kidney, as well as the urinary tract and bladder.

"Prostatium has been designed to not only protect, but also prevent BPH, which is supported by extensive studies around the key ingredients, which we have combined within a single, unique formulation," commented, Greg Siokas, Chief Executive Officer of Cosmos Holdings. "Our formulation includes the highest quality ingredients and is designed to promote overall health and well-being in men. I'd like to express my gratitude to the R&D team, which has succeeded in developing a truly one-of-a-kind product."

Mr. Siokas continued, "Sky Premium Life, has already conquered a significant share of the Greek market and we are aggressively expanding across Europe and worldwide. At the same time, we remain focused on enriching our range of products by developing first-in-class formulations based on proven market research to support the increasing global demand for high quality nutraceuticals. We continue to invest in proprietary supplements with high gross margins, and leverage these products through our extensive and established global distribution network as we enter additional markets such as China and North America."

The supplement is made with the highest quality raw materials and to the highest possible standards. Manufacturing is performed to strict pharmaceutical standards and good manufacturing processes (GMP) protocols, similar to FDA regulations in the USA. Systematic studies demonstrate that Saw Palmetto, Nettle Root, Ganoderma, Green Tea, and Pygeum extracts, independent from each other, alleviate BPH symptoms, decrease the rhythm of urine flow, as well as limit nocturia and the residual volume of urine in placebo-controlled studies. In addition, clinical studies support the ability of these ingredients to slow down the growth of BPH, as well as decrease Prostate-Specific Antigen (PSA) levels among men treated with Lycopene. Cranberry extract has also been shown to help resolve urinary tract infections and alleviate BPH symptoms.

About Cosmos Holdings, Inc.

Cosmos Holdings Inc. (Nasdaq:COSM) is an international pharmaceutical company, with a proprietary line of nutraceuticals and distributor of branded and generic pharmaceuticals, nutraceuticals, OTC medications and medical devices through an extensive, established EU distribution network. The Company identifies, acquires, develops and commercializes products that improve patients' lives and outcomes and has developed a global distribution platform and is currently expanding throughout Europe, Asia and North America. Cosmos Holdings has offices and distribution centers in Thessaloniki, Greece, Athens, Greece and Harlow, UK. More information is available at www.cosmosholdingsinc.com and www.skypremiumlife.com.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by, or that otherwise, include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could", are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed, herein for a variety of reasons that are outside the control of the Company, including, but not limited to, the Company's ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the Company's business, operations and the economy in general, and the Company's ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the Company's filings with the SEC, which are available at the SEC's website (www.sec.gov). The Company disclaims any intention or obligation to update, or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:
Crescendo Communications, LLC
Tel: 212-671-1020
Email: COSM@crescendo-ir.com

SOURCE: Cosmos Holdings, Inc.

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https://www.accesswire.com/694871/Cosmos-Holdings-Launches-Proprietary-Sky-Premium-Life-Prostatium-Supplement-for-Prostate-Health

FAQ

What is Prostatium launched by Cosmos Holdings?

Prostatium is a proprietary supplement designed to enhance prostate health and prevent symptoms of Benign Prostate Hyperplasia (BPH).

How many men are affected by Benign Prostate Hyperplasia?

Approximately 30 million men worldwide, including around 14 million in the US, experience symptoms related to BPH.

What ingredients are in Prostatium?

Prostatium includes ingredients such as Saw Palmetto, Nettle Root, Lycopene, and Cranberry extract, which are known to alleviate BPH symptoms.

Where is Cosmos Holdings expanding its products?

Cosmos Holdings is expanding its products into Europe and North America.

What are the manufacturing standards for Prostatium?

Prostatium is manufactured under strict pharmaceutical standards and good manufacturing practices (GMP), similar to FDA regulations.