SAN DIEGO, Aug. 27, 2020 (GLOBE NEWSWIRE) — Guardion Health Sciences, Inc. (“Guardion” or the “Company”) (Nasdaq: GHSI) today announced that Ho Wah Genting Berhad (“HWGB”), a Malaysian company listed on the Malaysian Stock Exchange (KLSE:9601), has received product registration approval for Astramern Nutra V, an immune support dietary supplement designed and produced by Guardion. The approval of Astramern Nutra V by the Malaysian National Pharmaceutical Regulatory Agency (“NPRA”), which is effective through August 21, 2025, represents an important step in HWGB’s efforts to market and distribute Astramern Nutra V in Malaysia.
In early 2020, HWGB entered into a Manufacturing and Supply Agreement with Guardion for Guardion to design and manufacture two immune support dietary supplements, Astramern Nutra V, a vitamin formulation, and Astramern Nutra H, an herb formulation. HWGB’s healthcare subsidiary, Astramern Sdn Bhd, has an exclusive license to use and distribute these products in certain territories. The two products will be packaged together for sale by HWGB in Malaysia. Product registration approval of Astramern Nutra H is pending with the NPRA. Guardion fulfilled HWGB’s initial product order of $890,000 in June 2020.Astramern Nutra V is provided in capsule form and includes several important vitamins known to support the immune system and healthy bodily function, most notably N-acetyl-L-cysteine, which helps to replenish cellular glutathione, one of the body’s most potent antioxidants.Dr. David Evans, Ph.D., Guardion’s interim President and Chief Executive Officer, commented, “We are pleased that Ho Wah Genting Berhad has obtained product registration approval for Astramern Nutra V. Immune support dietary supplements represent a rapidly growing sector of the nutraceutical industry, and we believe that our expertise in developing and delivering unique immune support products in this sector will be a key component of future revenue growth in the United States and abroad.”About Guardion Health Sciences, Inc.
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