OPKO Healthcare's Veterinary Care Products to
be Introduced at Asia's Largest
Health and Nutrition Tradeshow
Company Invited to Present at Special Event
Hosted by U.S. Consulate General During the Expo
COCONUT
GROVE, Fla., Nov. 18,
2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL,
NXPLW) ("NextPlat" or the "Company"), a global e-commerce
provider, today announced that it is participating in the 2024
China International Natural Health & Nutrition Expo (NHNE),
Asia's largest exhibition focused
on the sales and marketing of health, nutrition and dietary
supplement products, as the Company continues to ramp-up sales and
promotional activities in China.
Held at the Wuhan International Expo Center from November 20th to the 22nd,
the China International Natural Health & Nutrition Expo is the
premier exhibition focused on health, nutrition and dietary
supplements. The bi-annual event is the largest of its kind in
Asia with 1,200 suppliers from
more than 30 countries and regions, attracting as many as 120,000
omnichannel buyers. At the event, an expanded array of products
from OPKO Health Europe, a unit of OPKO Health, Inc. (NASDAQ: OPK)
(OPKO), including an initial selection of veterinary and animal
care products will be on display for attendees.
Additionally, NextPlat has also been invited by the U.S.
Consulate General in Wuhan to
present OPKO products during the NHNE expo to a specially selected
group of Chinese buyers interested in U.S. healthcare products.
"Over the past few weeks, with the support of our in-country
marketing and sales partner, we have seen demand for our OPKO
products significantly increase as we ramp-up online and offline
promotional activity. Through participation in NHNE, we have access
to thousands of potential new retail and distribution partners
making it the ideal venue for us to introduce OPKO's animal health
products," said David Phipps,
President of NextPlat and CEO of Global Operations. "Based upon
strong interest in our initial product offerings, through increased
inventory, and the introduction of new products for health,
wellness and pets, we are confident in the significant sales
potential we see in China."
As announced earlier this year, the Company has begun the sales
of OPKO products in China and
supported by a new in-country marketing partner, has recently
engaged Chinese social media influencers and conducted experiential
marketing programs. The Company is currently in the process of
launching new online OPKO storefronts on leading digital sites in
China including WeChat which has
over 1.3 billion monthly users, and on JD.com, China's second largest e-commerce platform
which attracts in excess of 560 million users annually.
Additionally, the Company is seeking to secure physical
distribution of OPKO products into major retail chains, pharmacies
and grocery stores during 2025.
OPKO is a global diversified diagnostic and pharmaceutical
healthcare company with over 5,500 employees spanning nine
countries. The distribution agreement with OPKO's European
division represents the first relationship resulting from the
Company's Florida E-commerce Development program which includes a
merchant sourcing agreement with Alibaba's Tmall Global designed to
provide American businesses with easy access to the Chinese
consumer market.
About NextPlat Corp
NextPlat is a global e-commerce platform company created to
capitalize on multiple high-growth sectors and markets including
technology and healthcare. Through acquisitions, joint ventures and
collaborations, the Company intends to assist businesses in selling
their goods online, domestically, and internationally, allowing
customers and partners to optimize their e-commerce presence and
revenue. NextPlat currently operates an e-commerce communications
division offering voice, data, tracking, and IoT products and
services worldwide as well as pharmacy and healthcare data
management services in the United
States through its subsidiary, Progressive Care LLC.
Forward-Looking Statements
Certain statements in this release constitute forward-looking
statements. These statements include the capabilities and success
of the Company's business and any of its products, services, or
solutions. The words "believe," "forecast," "project," "intend,"
"expect," "plan," "should," "would," and similar expressions and
all statements, which are not historical facts, are intended to
identify forward-looking statements. These forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors, including the Company's ability to
launch new data-driven tools and services and its ability to grow
and expand as intended, any of which could cause the Company to not
achieve some or all of its goals or the Company's previously
reported actual results, performance (finance or operating),
including those expressed or implied by such forward-looking
statements. More detailed information about the Company and the
risk factors that may affect the realization of forward-looking
statements is set forth in the Company's filings with the
Securities and Exchange Commission (the "SEC"), copies of which may
be obtained from the SEC's website at www.sec.gov. The Company
assumes no, and hereby disclaims any, obligation to update the
forward-looking statements contained in this press release.
Media and Investor Contact for NextPlat Corp:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net
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SOURCE NextPlat Corp.
