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Element Nutritional Sciences Inc. (OTC:ELNSF) announced that Walgreens has placed orders for the Rejuvenate™ Muscle Activator stick packs, set to be available in over 6,000 U.S. retail locations. Shipments to Walgreens began and are expected to complete by the end of January 2023. Element has partnered with Walgreens since 2021, previously providing sachets and ready-to-drink products. The new product format aims to enhance consumer experience and boost gross margins. CEO Stuart Lowther emphasized the company's commitment to delivering clinically supported solutions for muscle health, anticipating significant long-term revenue growth.
Element Nutritional Sciences Inc. announced that its Rejuvenate™ Muscle Activator stick packs are now distributed at 1,269 locations, primarily at 700 Shoppers Drug Mart and Loblaws stores across Canada. This expansion increases the total distribution points for the product to 33,000 in North America. CEO Stuart Lowther emphasized that the product's innovative packaging aligns with consumer needs and has the potential to capture significant market share. Forward-looking statements indicate expectations for improved gross margins from the new distribution strategy.
Element Nutritional Sciences Inc. (OTC:ELNSF) provides a 2022 operational review and 2023 outlook, highlighting its brands, Rejuvenate™ and Promino™. The U.S. functional beverage market is valued at over
Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has signed a distribution agreement with OCSB Emerging Brands Group for the distribution of its product, Rejuvenate™, in the U.S. convenience services channel. OCS Brands connects retailers with a network of approximately 12,000 companies, providing access to over 75,000 distribution points. The company has also filed a final short form base shelf prospectus allowing it to offer up to C$28 million in securities over 25 months, enhancing financial flexibility for business scaling.
Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has completed the commercialization of its Clinical Strength Rejuvenate™ formulation, a 15-gram drink mix that promotes recovery post-surgery and prevents muscle loss during bed rest, backed by two U.S. patents. Targeting a $4 billion nutritional supplement market through medical practitioners, the product is clinically proven to enhance recovery from hip surgery by 800%. Element has partnered with Dr. James LaValle for promotion, aiming to significantly penetrate the institutional market.
Element Nutritional Sciences Inc. has launched commercial production of Rejuvenate™ Muscle Activator stick packs with a U.S. co-packing partner. The initial production batch is due in August 2022. Targeting markets through retailers like CVS and Shoppers Drug Mart, the product is projected to enhance gross margins by 10%. The global whey protein market is valued at $11 billion, expected to exceed $18 billion by 2029. Element’s innovative amino acid formulation boasts a 57% muscle protein synthesis rate, significantly outperforming standard whey protein.
Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) announces the launch of Rejuvenate™ Immune Health on Amazon in the U.S., through its partnership with Pattern Inc. This innovative powdered drink mix uses a patented amino acid formulation to enhance immunity, build antibodies, and boost energy. Rejuvenate™ Immune Health complements the company's existing products and caters to a growing global market projected to reach US$27.6 Billion by 2026, growing at 8.4% CAGR. CEO Stuart Lowther highlights the product's unique combination of amino acids and essential vitamins for optimal immune support.
Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) has signed a two-year exclusive agreement with Dr. James LaValle, a clinical pharmacist and nutritionist, to endorse its patented products, Rejuvenate™ and Promino™. Dr. LaValle will appear in various marketing campaigns, aiming to raise awareness about these products, which are designed to combat muscle loss and improve muscle tone. CEO Stuart Lowther emphasized Dr. LaValle's expertise in nutrition and the potential market growth for muscle health improvements. Element focuses on innovative nutraceuticals targeting consumers over 40.
Element Nutritional Sciences Inc. (CSE:ELMT; OTC:ELNSF) reported a remarkable Q1 2022, achieving $2.3 million in revenue, marking a 559% increase from Q1 2021. The gross margin improved to 40%. Key partnerships with major retailers like Publix and Walgreens bolstered distribution channels. Additionally, the company is advancing its innovation pipeline with products targeting sports nutrition and muscle health. Despite a net loss of $1.0 million, this quarter's growth positions Element favorably for future expansion.
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