Cosmos Health Inc. (COSM), an integrated healthcare company, on Wednesday announced entry into the global beauty and personal care product market.
The company initiated sales in the U.S., advancing a brand of Korean-developed, collagen-based skincare products. The company plans to deliver direct-to-consumer products of premium skincare, catering to a growing market of customers preferring science-backed formulations.
The current global market of personal care products is estimated to be $163 billion in 2026, with an expected steady growth to $203 billion in 2033.
COSM closed Wednesday at $0.24, down 3.24%. In the overnight trade, shares are trading at $0.23, down 5.67%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.