CHICAGO, Sept. 11, 2025, a diversified, vertically integrated global healthcare group, today announced that its wholly owned subsidiary, Sky Pharm SA, signed a distribution agreement (the "Agreement") with Scientific Pharmacy LLC ("Scientific Pharmacy") for its Sky Premium Life food supplement products in Oman.
Scientific Pharmacy, the retail and wholesale arm of Planet Pharmacies in Oman, is a leading healthcare and beauty company offering integrated distribution and retail services. Known for its international brand partnerships and strong customer focus, it has become a trusted name in Oman and continues to expand across the Gulf Cooperation Council, based in the United Arab Emirates, which is one of the largest pharmaceutical manufacturers in the Middle East and Africa, with annual revenue of approximately $350 million.
Under the Agreement, Scientific Pharmacy will manage all core activities, including regulatory compliance, product registration, distribution, marketing, logistics, and the retail sale of Sky Premium Life products across pharmacies and stores in Oman through its established retail and distribution network. The Agreement also includes an initial purchase order of 42,000 units.
According to IMARC Group, the GCC nutraceuticals market was valued at $6.91 billion in 2024 and is projected to reach $15.5 billion by 2033, with a CAGR of 8.7%. Growth is being driven by rising health awareness, higher disposable incomes, government initiatives addressing lifestyle diseases, rapid urbanization, and the expansion of retail and e-commerce channels.
Greg Siokas, CEO of Cosmos Health, stated: "We are excited to announce our expansion into Oman, further strengthening our presence in the rapidly growing nutraceuticals market across the GCC. This milestone showcases the exceptional quality of our products and the increasing global demand for our Sky Premium Life brand. We expect the agreement to generate significant revenue for Cosmos, supported by Scientific Pharmacy's established retail and distribution network and the rising demand for premium food supplements in Oman."
About Cosmos Health Inc.
Cosmos Health Inc., www.skypremiumlife.com, www.cana.gr, www.zipdoctor.co, www.cloudscreen.gr, as well as LinkedInand X.
Forward-Looking Statements
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Investor Relations Contact:
BDG Communications
cosm@bdgcommunications.com
