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Cosmos Health Expands Global Presence into India, a Market with Over 1.4Bn People, Through Exclusive Agreement to Distribute Virax Biolabs' Mpox PCR Detection Kits
Cosmos Health (NASDAQ:COSM) has entered an exclusive agreement with Virax Biolabs to distribute mpox virus real-time PCR detection kits across India, a market with over 1.4 billion people. This expansion follows a recent second reported case of mpox in India on September 18, 2024. The agreement positions Cosmos Health to support India's efforts in identifying and managing mpox cases, contributing to public health initiatives.
This move comes after the WHO declared a global public health emergency on August 14, 2024, due to rising mpox cases in Africa and its spread to Europe and Asia. The agreement extends Cosmos Health's partnership with Virax beyond Europe, following a recent exclusive distribution agreement for the Gulf region.
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