Malaysia’s Ho Wah Genting Berhad Advises Guardion Health Sciences That It Has received …

SAN DIEGO, Jan. 28, 2021 (Globe NEWSWIRE) — Guardion Health and fitness Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a specialty overall health sciences organization that develops clinically supported nourishment, health care food items, nutraceuticals and health care devices, with a concentration in the ocular well being marketplace, declared that its unique distributor in Malaysia, Ho Wah Genting Berhad (HWGB), has recommended Guardion that Astramern Astra H (previously Astramern Nutra H), an immune guidance dietary health supplement made and developed by the Firm, has been granted product or service registration approval by the Malaysian Countrywide Pharmaceutical Regulatory Agency (“NPRA”).

The products registration, which is valid for 5 decades and is renewable, is an vital step toward commercialization by HWGB. Astramern Astra H will come in capsule type and has especially formulated herbs that are considered to assistance improve the body’s immune system.

This item registration acceptance is the second these acceptance gained by HWGB working with a Guardion-designed item. In August 2020, the Company announced the products registration acceptance of the vitamin formulation Astramern Nutra V. Formerly, in early 2020, HWGB experienced entered into a Manufacturing and Supply Settlement for Guardion to structure and manufacture both of those immune aid dietary supplements, which are to be packaged alongside one another for sale by HWGB in Malaysia. HWGB’s health care subsidiary, Astramern Sdn Bhd, has an exceptional license to use and distribute these products in specific territories. Guardion fulfilled HWGB’s original products purchase of $890,000 in June 2020.

“We have been suggested that this merchandise registration will allow HWGB to package both equally the Nutra V and Astra H goods collectively to give a additional finish immune guidance products featuring to its buyers. Importantly, this improvement allows to grow Guardion’s presence in the Asian nutraceutical marketplace,” mentioned Bret Scholtes, President and CEO of Guardion. “A vital aspect of our strategy includes expansion into foreign marketplaces, either as a result of licensing, offer and distribution agreements, or immediate advertising opportunities. Moreover, this marriage with HWGB is significant, as it allows the Organization to create new products and solutions that widen our scope in conditions of well being apps. We are really delighted to have a leading purpose in increasing into immune aid in the Asian markets and anticipate a continued growth of our merchandise offerings that are supported by verified science and top-quality products enhancement.”

About Guardion Overall health Sciences

Guardion is a specialty health and fitness sciences firm that develops clinically supported nutrition, health-related meals, nutraceuticals and health-related devices, with a concentrate in the ocular health market. Found in San Diego, California, the Corporation combines qualified nourishment with impressive, proof-primarily based diagnostic technologies. Guardion offers outstanding Scientific and Health care Advisory Boards. Information and threat elements with respect to Guardion and its business enterprise, including its capacity to successfully acquire and commercialize its proprietary products and solutions and systems, may perhaps be attained in the Company’s filings with the SEC at www.sec.gov.

Ahead-Wanting Statement Disclaimer

With the exception of the historical facts contained in this news release, the matters described herein could include forward-seeking statements within the that means of Portion 27A of the Securities Act of 1933, as amended, and Portion 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, adopted by or that in any other case include things like the terms “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and equivalent expressions or long term or conditional verbs this sort of as “will,” “should,” “would,” “may” and “could” are generally forward-seeking in mother nature and not historical points, though not all forward-searching statements contain the foregoing. These statements entail mysterious risks and uncertainties that may possibly separately or materially affect the issues reviewed herein for a selection of factors that are outside the regulate of the Organization, like, but are not minimal to, the Company’s capacity to increase ample funding to apply its organization prepare, the integration of a new management staff, the affect of the COVID-19 pandemic on the Company’s business, functions and the economic climate in basic, the Company’s potential to correctly build and commercialize its proprietary items and systems, and the Company’s skill to sustain compliance with Nasdaq’s listing necessities. Viewers are cautioned not to place undue reliance on these forward-seeking statements, as real outcomes could vary materially from those described in the forward-seeking statements contained herein. Viewers are urged to examine the risk variables set forth in the Company’s filings with the U.S. Securities and Exchange Fee (the “SEC”), which are obtainable at the SEC’s website (www.sec.gov). The Organization disclaims any intention or obligation to update or revise any forward-hunting statements, whether as a final result of new details, upcoming events or in any other case.

Investor Relations Speak to:
Core IR
Scott Arnold
516-222-2560
[email protected]

Media Relations Contact:
Jules Abraham
Director of Public Relations
Main IR
917-885-7378
[email protected]

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