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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Herborium Group Inc (PK) | USOTC:HBRM | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.0001 | 0.0001 | 0.0001 | 0.000001 | 0.000001 | 233,400 | 20:34:13 |
Fort Lee, N.J. -- April 18, 2017 -- InvestorsHub NewsWire -- Herborium® Group, Inc. (OTC Pink: HBRM), www.Herborium.com, a Botanical Therapeutics® Company and the provider of unique all botanical medicinal products (Botanical Therapeutics®) that target dermatological issues such as acne, and other health and wellness concerns, announced today that its First Quarter of 2017 is marked by two-digit growth of the Company’s Revenues and Gross Profit in comparison to the same period of 2016. .
The Achievements of the Q1, 2017:
The above milestones are an integral part of the Company’s growth strategy and its efforts to increase shareholders value. In addition to the above, the First Quarter of 2017 also brought the following important brand and sales building accomplishments:
Outlook for 2017:
Herborium remains very optimistic about growing its business, sales and product awareness in the US and abroad.,
The Company continues its efforts to increase market penetration in both retail and wholesale sectors with the latest becoming a priority in 2017.
The Company also continues to decrease costs and retire debt. While the Company is still recognizing the expenses associated with developing new markets and preparing the launch of new products Herborium continues its growth, its search for partners and creative financing opportunities to support this growth.
About Herborium Group, Inc.
Herborium Group, Inc. is a Botanical Therapeutics® company that develops, licenses and markets proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company’s business model focuses on emerging market opportunities spearheaded by the growth of a new market sector located between high-cost, high-risk, ethical pharmaceuticals and commoditized classic nutraceuticals (supplements). The Company uses clinical validation and a proactive regulatory strategy based on the FDA Guidance for Industry: Botanical Drug Products (FDA Guidance 2004) to establish and maintain a differential advantage. Herborium has secured a pipeline of botanical ingredients based products in the areas of dermatological needs, wellness and energy, prostate health, women’s health and selected sexual disorders resulting from cardiovascular disease, use of anti-depressants, diabetes, surgical procedures, and other issues. Herborium Group sells its products in the United States, the United Kingdom, and continental Europe through a network of distributors, specialty retailers, and e-commerce. For more information, please visit www.herborium.com, www.acnease.com, www.acnease.fr.www.acneasesp.com, www.acnease.co.uk.
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Herborium Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact Information:
Herborium Group, Inc.
Email: InvestorsRelations@Herborium.com or DrAgnes@Herborium.com
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