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Cosmos Well being Extends and Updates its Agreement to Make ZipDoctor, Inc., a Telehealth Company, from American International Holdings Corp

Tapping Into the Like a flash Rising Multi Billion Buck U.S. Telehealth Market

CHICAGO, IL / ACCESSWIRE / January 20, 2023 / Cosmos Well being, Inc. (“the Company”) (Nasdaq:COSM), a world healthcare community with proprietary lines of nutraceuticals and distributor of prescription tablets, branded generics, OTC medicines and medical devices, announced this day that it has prolonged and up so far its previously issued non-binding letter of intent to perform ZipDoctor Inc. from American International Holdings Corp (AMIH). Cosmos Well being has efficiently renegotiated the acquisition imprint of ZipDoctor to design mighty improved fee terms. The up so far letter of intent will dwell efficient till February 15, 2023.

ZipDoctor Inc., a unconditionally owned subsidiary of American International Holdings Corp. (OTC: AMIH), is a straight away-to-consumer subscription-basically based telemedicine platform, that expects to create its clients realistic, limitless, 24/7 get valid of entry to to board licensed physicians and licensed psychological and behavioral well being counselors and therapists. ZipDoctor’s on-line telemedicine platform will be available to clients across the United States and affords English and Spanish coverage with digital visits taking set up both through the cellular phone or through a secured video chat platform. ZipDoctor clients will be ready to subscribe through their web position at www.ZipDoctor.co and are easiest required to pay a monthly fee, which is decided in conserving with whether or no longer they are a person, a pair, or a family.

Greg Siokas, Chief Executive Officer of Cosmos Well being acknowledged: “We are smitten by the proposed addition of ZipDoctor to Cosmos Heath’s family of companies. The telehealth enterprise is decided for actual development, and we take into consideration that ZipDoctor, with the intellectual funding from Cosmos, can change valid into a serious participant within the home. Moreover, we intend to make bigger on ZipDoctor’s most up-to-date main care and psychological well being carrier offerings to embody the ability to talk about to a doctor to seek extra medical treatments connected to and including males’s and females’s well being and wellness complications, weight reduction and other identical treatments. Moreover, we are ecstatic with the renegotiated imprint of the acquisition, as we are continually taking a explore to amplify our returns on funding.”

Primarily based fully on Nova One Book, the U.S. Telehealth market dimension used to be valued at $23.8 billion in 2021 and is anticipated to develop to $309.9 billion by 2030, rising at a compound annual development fee (CAGR) of 45.1% from 2022 to 2030. The shortage of healthcare specialists and first care physicians within the U.S. is surely one of many main factors expected to bustle the market development within the U.S. in conserving with the Association of American Medical Colleges (AAMC) estimation, there is an estimated shortage of both main and enviornment of skills care physicians between 37,800 and 124,000 physicians by 2034. In 2021, the Facilities for Medicare and Medicaid Services and products expanded reimbursable telehealth codes for the 2021 physician fee agenda.

Change on the ongoing overview of COSM purchasing and selling patterns: Cosmos would savor to uncover merchants that it has currently bought purchasing and selling exercise files from Shareholder Intelligence Services and products, LLC. Administration is carefully reviewing the records in voice to get its next route of circulate.

About Cosmos Well being, Inc

Cosmos Well being Inc. (Nasdaq:COSM) is a world healthcare community that used to be integrated in 2009 and is headquartered in Chicago, Illinois. Cosmos Well being is engaged within the nutraceuticals sector through its beget proprietary lines of merchandise “Sky Top fee Lifestyles” and “Mediterranation.” Additionally, the Company is working within the pharmaceutical sector through the provision of a serious line of branded generics and OTC medicines and is fascinated by the healthcare distribution sector through its subsidiaries in Greece and UK serving retail pharmacies and wholesale distributors. Cosmos Well being is strategically focused on the R&D of new patented nutraceuticals (IP) and the truth is educated root extracts to boot as on the R&D of proprietary complex generics and modern OTC merchandise. Cosmos has developed a world distribution platform and is currently expanding right through Europe, Asia and North The United States. Cosmos Well being has offices and distribution facilities in Thessaloniki and Athens, Greece and Harlow, UK. Extra files is available at www.cosmoshealthinc.com and www.skypremiumlife.com.

Ahead-Looking Statements

Other than the historical files contained in this files unencumber, the matters described herein, would possibly moreover just contain forward-taking a explore statements inner the that technique of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Swap Act of 1934, as amended. Statements preceded by, followed by, or that otherwise, embody the words “believes,” “expects,” “anticipates,” “intends,” “initiatives,” “estimates,” “plans” and identical expressions or future or conditional verbs such as “will,” “need to peaceful,” “would,” “would possibly moreover just” and “could”, are usually forward-taking a explore in nature and never historical info, although no longer all forward-taking a explore statements embody the foregoing. These statements, involve unknown dangers and uncertainties that would possibly moreover just individually or materially impact the matters talked about, herein for hundreds of reasons which would per chance be outside the adjust of the Company, including, but no longer shrimp to, the Company’s ability to bag ample financing to implement its enterprise notion, the impact of the COVID-19 pandemic and the struggle in Ukraine, on the Company’s enterprise, operations and the economic system in standard, and the Company’s ability to efficiently get and commercialize its proprietary merchandise and technologies. Readers are cautioned to no longer set up undue reliance on these forward- taking a explore statements, as actual outcomes could fluctuate materially from those described within the forward-taking a explore statements contained herein. Readers are urged to read the possibility factors set up forth within the Company’s filings with the SEC, which would per chance be available on the SEC’s web position (www.sec.gov). The Company disclaims any procedure or duty to update, or revise any forward-taking a explore statements, whether or no longer as a outcomes of recent files, future events or otherwise.

Investor Members of the family Contact:

Lytham Partners, LLC

Ben Shamsian

E: [email protected]
P: 646-829-9701

SOURCE: Cosmos Well being Inc.

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