Cosmos Health Enters Development Phase for CCDL24, an Innovative Multitargeting Product for Gastrointestinal Disorders, with a Market Size Valued at Over $37.5 Billion

CHICAGO, IL / ACCESSWIRE / September 19, 2024 / 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 the development phase for CCDL24, an innovative treatment for gastrointestinal (GI) disorders.

CCDL24 leverages advanced biopolymeric grids derived from natural ingredients to encapsulate bioactive molecules, extending their activity at the targeted site and ultimately enhancing drug efficacy. Current optimization efforts focus on improving its physicochemical properties and evaluating its impact on gut microflora through in vitro studies and simulations.

The figure below illustrates the nano encapsulation technology for CCDL24:

Foto: Accesswire

According to Grand View Research, the global gastrointestinal therapeutics market was valued at $37.6 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2030. The market growth is primarily driven by the increasing prevalence of gastrointestinal disorders such as IBS, Crohn's disease, and ulcerative colitis, along with the rising demand for effective gastrointestinal treatments.

Greg Siokas, CEO of Cosmos Health, stated: "Building on the success of CCX0722, which features biocompatible hydrogels from natural sources, Cosmos has applied this cutting-edge technology to develop a new series of biopolymeric matrices specifically designed to address gastrointestinal health."

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 and C-Sept. 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, as well as LinkedIn and X.