Potential $50 Million Recovery from COVID-19 Receivables
ProPhase Labs is targeting over $50 million in net near-term cash recovery from COVID-19 receivables through a legal strategy involving Crown Medical collections and 1,100 insurance companies.
Advancement in Esophageal Cancer Test
ProPhase Labs has been awarded a critical patent for its BE-Smart esophageal cancer test, which has the potential to diagnose esophageal cancer earlier and more accurately, potentially saving lives and reducing healthcare costs.
Restructuring of Nebula Genomics
Nebula Genomics has been restructured to reduce costs significantly, and the company is exploring strategic alternatives which may include a potential sale.
Crypto Treasury Strategy Initiative
ProPhase Labs is exploring entering the crypto treasury strategy with potential significant partners, which could provide substantial financial growth opportunities.