Cana Laboratories inaugurates new line, wins 5-year deal
Cosmos Health's subsidiary Cana Laboratories inaugurated a new ACG capsule-filling line and secured a five-year contract with Provident Pharmaceuticals to manufacture 385,000 units of CERTORUN (sertraline hydrochloride). The agreement entails an annual production volume of 77,000 units in 50mg and 100mg strengths, produced on the new line to enhance capacity.

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Cosmos Health Inc. has expanded its contract manufacturing capabilities through its wholly-owned subsidiary Cana Laboratories, which inaugurated a new ACG capsule-filling line and secured a five-year agreement with Provident Pharmaceuticals. The deal involves the production of 385,000 units of CERTORUN (sertraline hydrochloride), an antidepressant in the selective serotonin reuptake inhibitor (SSRI) class used to treat depression, anxiety, and related disorders. This strategic move is designed to generate high-margin, recurring revenue and strengthen the company's order book across multiple therapeutic areas.
Under the terms of the agreement, Cana Laboratories will manufacture an annual volume of 77,000 units. The product will be produced in two specific strengths: CERTORUN Caps 50mg/cap and CERTORUN Caps 100mg/cap, both packaged in blister formats of 3x10 (BTx30). Production will be executed on Cana's newly installed ACG capsule-filling line, a development that marks the company's ongoing investment in upgrading and modernizing its European GMP-certified infrastructure.
Contract Details and Production Capacity
The new contract builds upon an existing relationship between Cana and Provident, which previously included manufacturing agreements for products such as DE3-SOLE, MIOREL, CALCIFOLIN, and DEXA-DOSE. The integration of the ACG capsule-filling machine is intended to enhance solid-dosage production capacity and support the fulfillment of this new order.
| Parameter | Details |
|---|---|
| Contract Duration | 5 years |
| Total Units | 385,000 units |
| Annual Volume | 77,000 units |
| Product | CERTORUN (sertraline hydrochloride) |
| Strengths | 50mg/cap, 100mg/cap |
| Packaging | Blister 3x10 (BTx30) |
Strategic Growth and Revenue Impact
Greg Siokas, CEO of Cosmos Health, emphasized that the contract manufacturing division is a core pillar of the company's long-term growth strategy. He stated that multi-year agreements with established partners like Provident build a stable, predictable revenue base while diversifying the order book across categories ranging from central nervous system to musculoskeletal and anti-inflammatory. The continued modernization of manufacturing infrastructure is aimed at securing new contracts and accelerating the growth of this segment.
How will the new ACG capsule-filling line impact Cosmos Health's ability to secure additional high-margin contracts in the future?
What are the potential risks or challenges associated with scaling production to meet the demands of this five-year agreement?
Could this partnership with Provident Pharmaceuticals pave the way for similar long-term deals in other therapeutic areas?
























