Cana Laboratories secured over 25 million units in contracts, ensuring long-term revenue and diversified therapeutic production capacity.
Quiver AI Summary
Cosmos Health Inc. has announced that its subsidiary, Cana Laboratories, has secured a cumulative orderbook of over 25 million units in contract manufacturing agreements with various partners across multiple therapeutic categories. These multi-year agreements can extend up to 10 years and are designed to provide stable, recurring revenue and improve cash flow visibility. Cana operates an EU-GMP-licensed facility in Athens, which has recently undergone a $5.5 million upgrade to enhance its production capabilities, including a new capsule-filling line. The division is expected to generate over $10 million in recurring annual profit at full capacity. The company's diversified product range and partnerships reduce reliance on any single product or partner, positioning the contract manufacturing segment as crucial to its growth strategy.
Potential Positives
- Cana Laboratories has secured a cumulative orderbook of over 25 million units through multi-year agreements, providing long-term cash flow visibility.
- The company has diversified its orderbook across nine therapeutic categories, reducing reliance on any single product or partner.
- The upgraded 54,000 sq. ft. EU-GMP-licensed facility positions the company to produce high-margin products while maintaining quality control.
- The contract manufacturing division is anticipated to generate over $10 million in recurring annual profit at full capacity, enhancing the company's financial outlook.
Potential Negatives
- Press release contains extensive forward-looking statements, which introduce risk factors and uncertainties that could materially affect the company's projected outcomes and performance.
- There is a lack of financial details regarding current revenue and profitability from existing operations, which may raise concerns about overall financial health.
- The mention of potential impacts from external factors such as the war in Ukraine and ongoing conflicts may suggest vulnerability to geopolitical risks that could hinder operations.
FAQ
What is the cumulative orderbook secured by Cana Laboratories?
Cana Laboratories has secured a cumulative orderbook of over 25 million units through multiple agreements.
How long do the agreements with partners last?
The agreements with partners extend up to 10 years, providing recurring revenue and cash flow visibility.
What types of products does Cana manufacture?
Cana produces pharmaceuticals, food supplements, cosmetics, biocides, and medical devices across nine therapeutic categories.
What is the expected annual profit from the contract manufacturing division?
The contract manufacturing division is expected to generate over $10 million in recurring annual profit at full capacity.
What facility upgrades were made to support production?
Cana invested approximately $5.5 million in upgrades, including new machinery and an ACG capsule-filling line.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$COSM Insider Trading Activity
$COSM insiders have traded $COSM stock on the open market 12 times in the past 6 months. Of those trades, 12 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $COSM stock by insiders over the last 6 months:
- GRIGORIOS SIOKAS (Chief Executive Officer) has made 11 purchases buying 3,065,037 shares for an estimated $1,184,999 and 0 sales.
- GEORGIOS TERZIS (Chief Financial Officer) purchased 168,135 shares for an estimated $42,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$COSM Revenue
$COSM had revenues of $19.7M in Q4 2025. This is an increase of 38.52% from the same period in the prior year.
You can track COSM financials on Quiver Quantitative's COSM stock page.
You can access data on COSM stock through the Quiver Quantitative API.
$COSM Hedge Fund Activity
We have seen 8 institutional investors add shares of $COSM stock to their portfolio, and 13 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 119,427 shares (+60.1%) to their portfolio in Q1 2026, for an estimated $37,882
- CITADEL ADVISORS LLC removed 82,850 shares (-67.3%) from their portfolio in Q1 2026, for an estimated $26,280
- XTX TOPCO LTD removed 59,133 shares (-59.4%) from their portfolio in Q1 2026, for an estimated $18,756
- RENAISSANCE TECHNOLOGIES LLC added 55,925 shares (+16.7%) to their portfolio in Q1 2026, for an estimated $17,739
- HRT FINANCIAL LP added 41,619 shares (+162.2%) to their portfolio in Q1 2026, for an estimated $13,201
- TWO SIGMA SECURITIES, LLC removed 36,290 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,511
- STONEX GROUP INC. removed 19,300 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $9,611
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
- Cumulative orderbook of over 25 million units secured through wholly owned subsidiary Cana Laboratories across multiple EU and international partners.
- Multi-year agreements extending up to 10 years provide recurring revenue and long-term cash flow visibility.
- Diversified across nine therapeutic categories , reducing dependence on any single product or partner.
- Produced at Cana’s 54,000 sq. ft., EU-GMP-licensed, EMA-certified Athens facility, following an approximately $5.5 million upgrade program and a new ACG capsule-filling line.
- Division expected to generate over $10 million in recurring annual profit at full capacity .
CHICAGO, June 22, 2026 (GLOBE NEWSWIRE) -- Cosmos Health Inc. ("Cosmos Health" or the “Company”) (NASDAQ:COSM) , a diversified, vertically integrated global healthcare group, today provided a consolidated summary of the contract manufacturing orderbook secured through its wholly owned subsidiary, Cana Laboratories S.A. (“Cana”).
Cana has secured a cumulative orderbook of more than 25 million units across agreements with multiple pharmaceutical and wellness partners, comprising various formats including vials, packs, bottles, capsules, and pessaries, and spanning a broad range of therapeutic categories under multi-year terms extending up to ten years.
Cana operates its wholly owned, 54,000-square-foot Athens manufacturing facility, licensed under European Good Manufacturing Practices (GMP) and certified by the European Medicines Agency (EMA), enabling it to produce pharmaceuticals, food supplements, cosmetics, biocides, and medical devices for the European Union and international markets.
The Company has invested approximately $5.5 million in upgrading and modernizing the facility — including new machinery, equipment, IT infrastructure, and quality management systems — and recently inaugurated a new, state-of-the-art ACG capsule-filling production line that further expands its capabilities and capacity. At full capacity, the contract manufacturing division is positioned to generate over $10 million in recurring annual profit.
Contract Manufacturing Orderbook Summary
Cana’s contract manufacturing orders include, among others:
| Partner | Products / Therapeutic Areas | Volume | Term |
| Provident Pharmaceuticals | DE3-SOLE®, MIOREL®, CALCIFOLIN®, DEXA-DOSE®, Miorelique®, BE Union F.C., CERTORUN® — CNS, musculoskeletal, vitamin, oncology-support, anti-inflammatory | 13,405,000 | Up to 10 years |
| Pharmex S.A. | AMBITASOL® (antiseptic); BETAFUSIN®, BOTAFEX®, BUDESODERM® (dermatology) | 4,360,000 | Up to 5 years |
| Verisfield S.A. | VASCLOR® GEST — women’s health / reproductive | 3,900,000 | 3 years |
| Medical Pharmaquality | MYCOFAGYL® pessaries — women’s health / gynaecology | 3,000,000 annually | Multi-year |
| Humacology | CBD products — wellness / medicinal cannabis | Up to 500,000 | Multi-year |
| Nassington & Verisfield | Gritse®, Fungofort®, Paco-4®, dexamethasone, Foproct® — multiple categories | 253,657 (initial order) | Larger multi-year contract under discussion |
| Total | Over 25,000,000 | Up to 10 years | |
The orderbook spans central nervous system, musculoskeletal, dermatological, vitamin, anti-inflammatory, oncology-support, women’s health, antiseptic, and wellness categories, reducing dependence on any single product or partner.
The Company views contract manufacturing as a high-margin, recurring-revenue segment that provides strong, long-term cash flow visibility, including contracts extending up to ten years with established partners.
Contract manufacturing is a central element of Cosmos Health’s vertically integrated model. The same EU-licensed facility that produces the Company’s proprietary pharmaceutical and nutraceutical brands also provides contract manufacturing (CMO) services to third-party partners, allowing Cosmos Health to maximize facility utilization, spread fixed costs across a larger production base, and generate incremental high-margin revenue while retaining control over the quality, cost, and supply of its own products.
With current agreements using only a portion of available capacity, the Company continues to pursue additional contracts and is evaluating further expansion.
Greg Siokas, CEO of Cosmos Health, stated: "Cana’s contract manufacturing division is a core pillar of our long-term growth strategy, generating high-margin, recurring revenue with strong cash flow visibility through multi-year agreements — some extending up to ten years — with established partners. Each order builds a stable, predictable revenue base while diversifying our orderbook across multiple products and therapeutic areas. By continuing to upgrade and modernize our European GMP-certified infrastructure and capacity, we are well-positioned to keep securing new contracts and accelerate the growth of this high-margin segment, while supporting the production of our own proprietary brands.”
About Cosmos Health Inc.
Cosmos Health Inc. (Nasdaq:COSM), incorporated in 2009 in Nevada, is a diversified, vertically integrated global healthcare group. The Company owns a portfolio of proprietary pharmaceutical and nutraceutical brands, including Sky Premium Life®, Mediterranation®, bio-bebe®, C-Sept® and C-Scrub®. Through its subsidiary Cana Laboratories S.A., licensed under European Good Manufacturing Practices (GMP) and certified by the European Medicines Agency (EMA), it manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union. Cosmos Health also distributes a broad line of pharmaceuticals and parapharmaceuticals, including branded generics and OTC medications, to retail pharmacies and wholesale distributors through its subsidiaries in Greece and the UK. Furthermore, the Company has established R&D partnerships targeting major health disorders such as obesity, diabetes, and cancer, enhanced by artificial intelligence drug repurposing technologies, and focuses on the R&D of novel patented nutraceuticals, specialized root extracts, proprietary complex generics, and innovative OTC products. Cosmos Health has also entered the telehealth space through the acquisition of ZipDoctor, Inc., based in Texas, USA. With a global distribution platform, the Company is currently expanding throughout Europe, Asia, and North America, and has offices and distribution centers in Thessaloniki and Athens, Greece, and in Harlow, UK. More information is available at www.cosmoshealthinc.com , www.skypremiumlife.com , www.cana.gr , www.zipdoctor.co , www.cloudscreen.gr , as well as LinkedIn and X .
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. Words such as “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” and similar expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could,” generally identify forward-looking statements, although not all forward-looking statements contain these words. These statements involve risks and uncertainties that may individually or materially affect the matters discussed herein for a variety of reasons outside the Company’s control, including, but not limited to: the Company’s ability to raise sufficient financing to implement its business plan; the effectiveness of its digital asset strategies, including accumulation and yield-generating activities; the impact of the war in Ukraine and ongoing conflicts in the Middle East and other regions on the Company’s business, operations, and the economy in general; the Company’s ability to successfully develop and commercialize its proprietary products and technologies; changes in interest rates; changes in foreign currency exchange rates, commodity or other price inflation and deflation; our ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims, and litigation; the challenges of operating in international markets; the adequacy of insurance coverage; the effect of accounting charges and of adopting certain accounting standards; the impact of legal and regulatory changes, including changes to tax laws and regulations; guidance for fiscal 2026 and beyond and financial outlook. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our historical experience and our expectations and projections. These risks and uncertainties include, but are not limited to, those described from time to time in our periodic reports filed with the SEC and available at the SEC’s website (
www.sec.gov
). There also may be other factors that we cannot anticipate or that are not described herein, generally because we do not currently perceive them to be material. Such factors could cause results to differ materially from our expectations. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our filings with the Securities and Exchange Commission and in our other public statements.
Investor Relations Contact:
BDG Communications
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b14f6d85-d27f-4b33-8f4a-7e1fd534638a