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Guardion Health Sciences, Inc. (Nasdaq: GHSI) is a pioneering clinical nutrition company dedicated to improving health through science-based, clinically supported dietary supplements and medical foods. Specializing in solutions for age-related health issues, the company leverages the latest advancements in science and technology to address conditions like age-related macular degeneration (AMD), bone health, eye health, cardiovascular health, and brain health.
Guardion's flagship product, Lumega-Z, is a scientifically formulated medical food designed to restore and maintain macular protective pigment, crucial for combating AMD. Ingredients in Lumega-Z are also believed to support other eye conditions, adding to the product's broad utility.
Core Offerings
- Clinically supported dietary supplements
- Medical foods
The company's product portfolio includes essential nutrients like Calcium, Vitamin D, Vitamin K, Carotenoids, and Omega-3s. These are designed to deliver comprehensive health benefits to consumers, healthcare professionals, and their patients.
Recent Achievements
- The Viactiv® product line reported a 6% revenue increase for the six months ended June 30, 2023, compared to the same period in 2022.
- Robust growth in the Amazon sales channel, a testament to the company's focus on eCommerce initiatives.
In 2024, the company is undergoing significant developments. Institutional Shareholder Services (ISS) has recommended that stockholders vote in favor of proposals related to the sale of the company’s Viactiv brand and subsequent liquidation and dissolution. These proposals promise potential liquidating cash distributions that are expected to surpass recent stock prices, signaling a strategic pivot and potential value generation for stockholders.
Guardion Health Sciences actively collaborates with healthcare professionals and utilizes the expertise of its Science Advisory Board to educate the public on the importance of medical foods and nutrition. This commitment to health education underscores the company's mission to promote overall well-being through scientifically validated nutritional solutions.
Contact Information
For more details, you can reach out to Investor Relations at investors@guardionhealth.com or call 1-800-873-5141 Ext 208.
Guardion Health Sciences (GHSI) reported a significant revenue increase to $3,148,612 for Q3 2021, up from $253,188 in Q3 2020, primarily driven by the acquisition of the Viactiv brand. However, net loss widened to $(3,014,836), compared to $(2,143,494) a year earlier. Operating expenses also rose to $4,403,545, reflecting the costs associated with the Viactiv integration. Total revenue for the nine months ended September 30, 2021, stood at $4,605,628. Guardion is focusing on expanding Viactiv’s market share amid supply chain challenges.
Guardion Health Sciences, Inc. (Nasdaq: GHSI) announced that CEO Bret Scholtes will present at the Benzinga Global Small Cap Conference on October 27-28, 2021. His presentation is scheduled for October 27 at 1:15 PM ET. Additionally, he will be available for one-on-one meetings during the conference. Guardion focuses on clinically supported nutrition, medical foods, and diagnostic products, aiming to support healthcare professionals and patients in health goals. The company emphasizes its commitment to innovation within the eye care and clinical nutrition industry.
Guardion Health Sciences (GHSI) is taking strategic steps to enhance operational efficiency and market reach. The company will terminate its lease on the San Diego office and warehouse by the end of October, which is projected to lower overhead costs. Additionally, Guardion has launched a redesigned corporate and investor website aimed at boosting stakeholder engagement. CEO Bret Scholtes emphasized the focus on optimizing customer interactions and managing costs effectively, particularly in relation to the recently acquired Viactiv business.
Guardion Health Sciences, Inc. (Nasdaq: GHSI) is urging stockholders to vote their shares ahead of the Annual Meeting scheduled for October 22, 2021. Votes must be submitted by 11:59 PM ET on October 21, 2021. Key proposals include the election of five Directors, auditor approval, and executive compensation approval. Stockholders can contact Kingsdale Advisors for assistance with voting. The Company emphasizes the importance of every vote being counted. Further details are available in the Company's proxy statement.
Guardion Health Sciences, Inc. (Nasdaq: GHSI) will present a corporate overview at the 14th Annual LD Micro Main Event Conference from October 12-14, 2021, in Los Angeles. CEO Bret Scholtes is set to deliver his presentation on October 12 at 9:00 AM PT/12:00 PM ET in track 4. Scholtes will also hold one-on-one meetings during the event. Guardion specializes in clinical nutrition and diagnostics, aiming to support healthcare professionals and consumers with science-based products. For more details, visit the SEC's website regarding Guardion's business and financial risks.
Guardion Health Sciences, Inc. (Nasdaq: GHSI) announced that CEO Bret Scholtes will present at the Benzinga Healthcare Small Cap Conference, held virtually from September 29-30, 2021. Scholtes' presentation is scheduled for September 30 at 11:10 AM ET, and he will also participate in one-on-one meetings during the event. Guardion focuses on clinically supported nutrition, medical foods, supplements, and medical devices, aiming to help healthcare professionals and patients achieve their health goals.
Guardion Health Sciences (GHSI) announced that CEO Bret Scholtes will present at the H.C. Wainwright 23rd Annual Global Investment Conference, taking place virtually from September 13 to September 15, 2021. The presentation will be available starting September 13 at 7:00 AM ET. Investors can register to attend the conference via the provided link. Additionally, Scholtes will be available for one-on-one meetings throughout the event. Guardion focuses on clinical nutrition and diagnostics, offering science-based products to support health goals.
Guardion Health Sciences (GHSI) reported financial results for Q2 and H1 2021, with total revenue of $1,223,720, up 2.8% from Q2 2020. Notably, revenue includes sales from the recently acquired Activ Nutritional, which contributed 86% of total revenue. However, the net loss for Q2 reached $(4,540,288), significantly higher than the previous year's loss of $(707,160), mainly due to acquisition-related costs. The company holds $12,502,677 in cash, with ongoing growth initiatives focused on leveraging the Activ brand and exploring new product opportunities.
Guardion Health Sciences, Inc. (Nasdaq: GHSI) will exhibit at the ASCRS Annual Meeting from July 23-27, 2021, in Las Vegas. This significant eye care event allows Guardion to engage with healthcare professionals about its clinically supported nutrition products and recent Viactiv brand acquisition. CEO Bret Scholtes expressed enthusiasm for reconnecting with industry stakeholders and leveraging post-pandemic marketing initiatives. The company highlights its commitment to scientific and medical integrity, aiming to enhance product visibility and market presence.
Guardion Health Sciences (Nasdaq: GHSI) announced its inclusion in the Russell 3000 Index effective June 28, 2021. This recognition is expected to enhance the company's visibility and attract more institutional investors. The Russell Indexes track companies based on market capitalization, with over $10.6 trillion in assets benchmarked against them. This inclusion will also automatically place Guardion in related growth and value style indexes for the year.
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