Cosmos Health to acquire ZipDoctor from American International Holdings.

Cosmos Health, a global healthcare group with proprietary lines of nutraceuticals and distributor of pharmaceuticals, branded generics, OTC medications and medical devices, agreed to acquire ZipDoctor, a direct-to-consumer subscription-based telemedicine platform from American International Holdings, a diversified holding company. Financial terms were not disclosed. "We are extremely pleased to announce that we have completed the next step by signing the SPA. The closing date has been scheduled for April 3, 2023, and we eagerly anticipate welcoming ZipDoctor to the Cosmos Health family of companies. We would like to thank Jacob Cohen for his cooperation and assistance in closing this transaction. The telehealth industry is set for strong growth, and we believe that ZipDoctor, with the proper investment from Cosmos Health, can become a significant player in the space. Furthermore, we intend to expand on ZipDoctor's current primary care and mental health service offerings to include the ability to speak to a doctor to seek additional medical treatments related to and including men's and women's health and wellness issues, weight loss and other similar treatments," Greg Siokas, Cosmos Health CEO.