NANPING, China, July 7, 2020 /PRNewswire/ -- Happiness Biotech
Group Limited (the "Company" or Nasdaq: HAPP), an innovative
China-based nutraceutical and
dietary supplements producer, announced today that the 75% Alcohol
Disposable Hand Sanitizer from the Company has successfully obtained Natural Product
Number (NPN) license from Health Canada and the first order of
53,280 bottles have been shipped
this week.
Before any natural health product can be sold in Canada, it must first undergo a pre-market
review where it will be assessed for safety, efficacy and quality.
Products, which meet the required criteria, will be authorized for
sale and each issued a Natural Product Number (NPN) or Homeopathic
Medicine Number (DIN-HM).
"We are very glad that our hand sanitizer can finally be
exported to Canada. Although the
first batch is only over 50,000 bottles, we believe this is a good
start. Meanwhile, 150,000 of our
masks were exported to Canada in
May and we received the second
order of 200,000 pieces in June. We believe our receipt of the NPN
license from Health Canada demonstrates quality of our products. In
the future, we will continue to strive to export to more countries
and regions," said Mr. Xuezhu Wang, CEO of the Company.
About Happiness Biotech Group Limited
Headquartered in Nanping, China, Happiness Biotech Group Limited is an
innovative China-based
nutraceutical and dietary supplements producer focused on the
research, development, manufacturing and marketing of a variety of
products made from Chinese herbal extracts and other ingredients.
The Company's goal is to provide high-quality products to our
consumers. Over the past 14 years, the Company has established a
product portfolio consisting of 32 CFDA registered "Blue-Cap" SKUs
of nutraceutical and dietary supplements products. While the
Company's main products are still nutraceutical and dietary
supplements, the Company also produces epidemic prevention products
to satisfy market needs. For more information, please
visit: www.happ.org.cn.
Forward-Looking Statements
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may, "will, "intend," "should," "believe," "expect," "anticipate,"
"project," "estimate" or similar expressions that do not relate
solely to historical matters, it is making forward-looking
statements. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties that may cause the
actual results to differ materially from the Company's expectations
discussed in the forward-looking statements. These statements are
subject to uncertainties and risks including, but not limited to,
the following: the Company's goals and strategies; the
Company's future business development; product and service demand
and acceptance; changes in technology; economic conditions;
reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and
business conditions in China, the
COVID-19 outbreak and its impact on our operations and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the Securities and
Exchange Commission. For these reasons, among others,
investors are cautioned not to place undue reliance upon any
forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the U.S.
Securities and Exchange Commission, which are available for review
at www.sec.gov. The Company undertakes no obligation to publicly
revise these forward-looking statements to reflect events or
circumstances that arise after the date hereof.
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SOURCE Happiness Biotech Group Limited