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Cosmos Health Secures Exclusive Distribution Agreement with Virax Biolabs for Avian Influenza Virus PCR Kits in Greece and Cyprus, with Additional Rights in Select European and GCC Countries

1. COSM secures exclusive distribution rights for AIV PCR Kits in Greece and Cyprus. 2. Expansion into European markets may increase revenue potential for COSM.

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FAQ

Why Bullish?

The exclusive rights to distribute critical healthcare products can enhance COSM's market position and revenue streams, as seen in cases where successful distribution agreements have driven stock prices positively in past healthcare partnerships.

How important is it?

This agreement is a strategic move, enhancing COSM's operational scope and profitability, which significantly impacts investor outlook.

Why Long Term?

Entering European markets indicates sustainable growth potential, likely to benefit COSM over several quarters rather than immediate gains.

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VRAX
CHICAGO, IL / ACCESSWIRE / January 13, 2025 / Cosmos Health Inc. ("Cosmos Health" or the "Company") (NASDAQ:COSM), a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced today that it has entered into a distribution agreement with Virax Biolabs Group Limited (NASDAQ: VRAX) ("Virax") to distribute Virax-branded Avian Influenza Virus ("AIV") Real-Time PCR Kits across various major European markets and certain Gulf Cooperation Council (GCC) countries. Specifically, Cosmos Health gains exclusive rights to distribute these kits in Greece and Cyprus, as well as non-exclusive rights in select European countries, including France, Portugal, Spain, The Netherlands, Belgium, Sweden, Finland, Denmark, Norway, Germany, Switzerland, and Austria.

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