- Monday, May 18, 2020 @ 12:00 am
Cosmo eliminated its US sales infrastructure resulting in a significant reduction of operating expenses while returning to its original business-to-business model. A global sales infrastructure has been established for almost all of its major products through strategic partnerships with equity stakes where possible. On US Byfavo approval, Cosmo expects to return to profitability in 2020 and benefit from the long-term value creation by its partners through its equity stakes.
