Brief: Prophase Labs Announces Plans For Major Expansion Of Its Pharmaloz Manufacturing, Inc. Subsidiary To Meet Growing Demand

Prophase Labs

15/02/2023 14:13

Feb 15 (Reuters) - Prophase Labs Inc  PRPH.O :
    * PROPHASE LABS ANNOUNCES PLANS FOR MAJOR EXPANSION OF ITS
PHARMALOZ MANUFACTURING, INC. SUBSIDIARY TO MEET GROWING DEMAND
    * PROPHASE LABS - EXPECTED THAT PHARMALOZ EXPANSION WILL BE
FUNDED
ENTIRELY FROM INTERNAL CASH FLOW FROM PROFITS GENERATED AT
OPERATING SUBSIDIARY LEVEL
    * PROPHASE LABS INC - PHARMALOZ EXPANSION INITIATIVES ARE
EXPECTED
TO LEAD TO A 200% INCREASE IN CAPACITY FOR 2024 AS COMPARED TO
2022

Further company coverage:  PRPH.O 
 ((Reuters.Briefs@thomsonreuters.com;))