Jupiter Wellness Issues Shareholder Letter and Provides Corporate Update
Jupiter Wellness (NASDAQ:JUPW) reported a shareholder letter emphasizing a successful year start with record revenues. CEO Brian John highlighted the renewal of focus on science-backed product development, following a year of patent protection and clinical testing of core products. Key agreements include a licensing deal with Taisho, a major player in the minoxidil market. Additionally, the company is prioritizing upcoming launches of eczema and sexual wellness products. Investors can read the full letter on the company's website.
- Record revenue in the recent quarter.
- Successful licensing agreement with Taisho, a company with $2.6 billion in revenue.
- Renewed focus on science-backed product development.
- Expansion of CRO business through acquisition of Applied Biology.
- None.
JUPITER, FL / ACCESSWIRE / September 15, 2022 / Jupiter Wellness, Inc. (NASDAQ:JUPW), a wellness company focused on hair, skin, and sexual health, announced today that it has published a shareholder letter and company update detailing recent progress and their renewed focus on science-backed product development.
"We have had a great start to the year. We're coming off a record quarter for revenue and hitting several key milestones for our company," said Brian John, CEO of Jupiter Wellness. "We are executing a pivot back to our roots and putting a renewed focus on the science that founded this company. We spent the last year developing, patent protecting, and clinically testing our core products. We expanded our CRO business with the acquisitions of Applied Biology. We signed several agreements to license our products, including Taisho a
To read the letter in its entirety, those interested are being directed to the company's website at https://jupiterwellness.com/category/letters/.
About Jupiter Wellness
Jupiter Wellness is a diversified company supporting health and wellness through the research and development of over-the-counter (OTC) products and intellectual property. The Company's product pipeline addresses a range of conditions, including hair loss, eczema, burns, and sexual wellness. Revenue is generated through the sales of OTC and consumer products, contract research agreements, and licensing royalties.
Interested investors and shareholders are encouraged to sign up for press releases and industry updates by registering for Email Alerts at https://jupiterwellness.com/email-alerts/ and by following Jupiter Wellness on Twitter and LinkedIn.
Media Contact
Phone: 561-244-7100
Email: media@jupiterwellness.com
Investor Contact
Phone: 561-244-7100
Email: investors@jupiterwellness.com
Forward-Looking Statements
This communication contains forward-looking statements regarding Jupiter Wellness, including, the anticipated timing of studies and the results and benefits thereof. You can generally identify forward-looking statements by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "explore," "evaluate," "intend," "may," "might," "plan," "potential," "predict," "project," "seek," "should," or "will," or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are based on each of the Company's current plans, objectives, estimates, expectations, and intentions and inherently involve significant risks and uncertainties, many of which are beyond Jupiter Wellness' control. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties and other risks and uncertainties affecting Jupiter Wellness, including those described from time to time under the caption "Risk Factors" and elsewhere in Jupiter Wellness' Securities and Exchange Commission (SEC) filings and reports, including Jupiter Wellness' Annual Report on Form 10-K for the year ended December 31, 2021, and future filings and reports by Jupiter Wellness. Moreover, other risks and uncertainties of which the combined company is not currently aware may also affect each of the companies' forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. Investors are cautioned that forward-looking statements are not guarantees of future performance. The forward-looking statements made in this communication are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events at such dates, even if they are subsequently made available by Jupiter Wellness on its website or otherwise. Jupiter Wellness undertakes no obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations, or other circumstances that exist after the date on which the forward-looking statements were made.
SOURCE: Jupiter Wellness Inc.
View source version on accesswire.com:
https://www.accesswire.com/716039/Jupiter-Wellness-Issues-Shareholder-Letter-and-Provides-Corporate-Update
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