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Cosmos Holdings enters into an Intellectual Property Sale Agreement for a formula related to prostate health

On October 1, 2016, Cosmos Holdings Inc., entered into an Intellectual Property Sale Agreement with Anastasios Tsekas and Olga Parthenea Georgatsou for the purchase of certain intellectual property rights relating to proprietary pharmaceutical formulas and any related technical information arising or related Intellectual property. The formula is related to a possible prostate health improvement and cure including prostate gland enlargement, prostate infections, prostate cancer, and other urinary problems. Cosmos Holdings is in the process of locating a specialized laboratory to start preclinical trials on the formula.

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