ProPhase LLC

GARDEN CITY, NY, Oct. 22, 2024 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH) (the “Company” or “ProPhase”), a next generation biotech, genomics, and diagnostics company, today announced that it will be participating in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York. Past ThinkEquity conferences have featured over 70 company presentations, 700+ attendees, and 500+ one-on-one meetings, providing a valuable platform for companies and investors to connect.". Ted Karkus, CEO and Chairman of the Board of Directors, will be presenting at 1PM ET on October 30th. One-on-one investor meetings will be held throughout the day. Interested investors can register to attend and schedule one-on-one meetings here. The presentation will also be live-streamed at the following link: https://wsw.com/webcast/tep25/prph/1692576 About ProPhase Labs ProPhase Labs Inc. (Nasdaq: PRPH) (“ProPhase”) is a next-generation biotech, genomics and diagnostics company. Our goal is to create a healthier world with bold action and the power of insight. We’re revolutionizing healthcare with industry-leading Whole Genome Sequencing solutions, while developing potential game changer diagnostics and therapeutics in the fight against cancer. This includes a potentially life-saving cancer test focused on early detection of esophageal cancer and potential breakthrough cancer therapeutics with novel mechanisms of action. Our world-class CLIA labs and cutting-edge diagnostic technology provide wellness solutions for healthcare providers and consumers. We develop, manufacture, and commercialize health and wellness solutions to enable people to live their best lives. We are committed to executional excellence, smart diversification, and a synergistic, omni-channel approach. ProPhase Labs’ valuable subsidiaries, their synergies, and significant growth underscore our multi-billion-dollar potential. Media Relations and Institutional Investor Contact: ProPhase Labs, Inc.267-880-1111investorrelations@prophaselabs.com Retail Investor Relations Contact: Renmark Financial CommunicationsJohn Boidman514-939-3989Jboidman@renmarkfinancial.com Source: ProPhase Labs, Inc.

Projections for Pharmaloz Manufacturing: Approximately $16-17 Million in Revenue, $6-7 Million in Pre-Tax Earnings for 2025 Strategic Partnership Discussions Begin for BE-Smart Esophageal Cancer Test GARDEN CITY, NY, Oct. 17, 2024 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH) (the “Company” or “ProPhase”), a next generation biotech, genomics, and diagnostics company, today announced significant progress across several key projects. Pharmaloz Manufacturing Inc. (PMI): In Q3, the Company engaged ThinkEquity as an advisor to pursue strategic alternatives for PMI. ThinkEquity has now identified more than 70 potential acquirers for PMI, with a goal of negotiating and finalizing terms and closing in Q1 2025.PMI production is fully booked through Q1 2025, with expected 2025 revenue of approximately $16-17 million and pre-tax earnings of approximately $6-7 million.PMI begins production for a new non-seasonal client in January 2025, securing year-round business.PMI is in final stages of discussion with a global lozenge brand on a multi-year contract, which if consummated would include a substantial upfront payment to secure new production capacity and further strengthen PMI’s valuation in any potential sale. BE-Smart Esophageal Cancer Test: Strategic discussions initiated with multi-billion dollar cancer diagnostic companies in coordination with Forward Healthcare Consultants (“FHC”). FHC previously served as leaders for companies such as Eurofins, Guardant Health, Inivata, and Natera. The advisors at FHC have helped their former companies gain market access to achieve market capitalization in the billions of dollars.A multi-phase commercialization plan has been completed, with a comprehensive report ready for potential partners. Liquidity Events and Financial Outlook: The sale of PMI is targeted for early 2025 with a projected value exceeding $40 million.A partnership for our BE-Smart Esophageal Cancer Test could yield a potential upfront payment to us of $30-50 million, with additional milestones and long-term royalty payments upon approval and commercialization.Receivables collection efforts are anticipated to generate $20-25 million over the next six months. Updates on the DNA Complete and Equivir product launches will be shared in a forthcoming press release. About ProPhase Labs ProPhase Labs Inc. (Nasdaq: PRPH) (“ProPhase”) is a next-generation biotech, genomics and diagnostics company. Our goal is to create a healthier world with bold action and the power of insight. We’re revolutionizing healthcare with industry-leading Whole Genome Sequencing solutions, while developing potential game changer diagnostics and therapeutics in the fight against cancer. This includes a potentially life-saving cancer test focused on early detection of esophageal cancer and potential breakthrough cancer therapeutics with novel mechanisms of action. Our world-class CLIA labs and cutting-edge diagnostic technology provide wellness solutions for healthcare providers and consumers. We develop, manufacture, and commercialize health and wellness solutions to enable people to live their best lives. We are committed to executional excellence, smart diversification, and a synergistic, omni-channel approach. ProPhase Labs’ valuable subsidiaries, their synergies, and significant growth underscore our multi-billion-dollar potential. Forward Looking Statements Except for the historical information contained herein, this document contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, plans, objectives and initiatives, including our expectations regarding finding a suitable acquirer for PMI, the success of a sale of PMI, the projected value of a sale of PMI; our expectations relating to PMI’s existing and new contracts, production, revenue, and earnings; our expectations regarding outcomes of strategic discussions with healthcare consultants, advisors, and partners for BE-Smart; the success of the commercialization plan for BE-Smart; our expectations of revenue and earnings from a partnership for BE-Smart; the success of our efforts to collect accounts receivable and anticipated timeline for any payments relating thereto. Management believes that these forward-looking statements are reasonable as and when made. However, such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those projected in the forward-looking statements. These risks and uncertainties include but are not limited to our ability to obtain and maintain necessary regulatory approvals, general economic conditions, consumer demand for our products and services, challenges relating to entering into and growing new business lines, the competitive environment, and the risk factors listed from time to time in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and any other SEC filings. The Company undertakes no obligation to update forward-looking statements except as required by applicable securities laws. Readers are cautioned that forward-looking statements are not guarantees of future performance and are cautioned not to place undue reliance on any forward-looking statements. Media Relations and Institutional Investor Contact: ProPhase Labs, Inc.267-880-1111investorrelations@prophaselabs.com Retail Investor Relations Contact: Renmark Financial CommunicationsJohn Boidman514-939-3989Jboidman@renmarkfinancial.com Source: ProPhase Labs, Inc.

GARDEN CITY, NY, Aug. 19, 2024 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH) (“ProPhase” or the “Company”), a next-generation biotech, genomics, and diagnostics company, today announced that it will be presenting at the Virtual Investor Summit Microcap Event. The company will be available for 1-on-1 meetings throughout the day in addition to their presentation. Event: Q3 Investor SummitDate: August 20th, 2024Presentation Time: 1:00 P.M. ET Location: https://www.webcaster4.com/Webcast/Page/3062/51116 The theme is 50 micro-cap companies with a catalyst and/or strong performance in the current market.Take a deep dive with the best Investors in MicroCapLive Q & AComplimentary to Qualified Investors. Please REGISTER HERE. About ProPhase Labs ProPhase Labs Inc. (Nasdaq: PRPH) (“ProPhase”) is a next-generation biotech, genomics and diagnostics company. Our goal is to create a healthier world with bold action and the power of insight. We’re revolutionizing healthcare with industry-leading Whole Genome Sequencing solutions, while developing potential game changer diagnostics and therapeutics in the fight against cancer. This includes a potentially life-saving cancer test focused on early detection of esophageal cancer and potential breakthrough cancer therapeutics with novel mechanisms of action. Our world-class CLIA labs and cutting-edge diagnostic technology provide wellness solutions for healthcare providers and consumers. We develop, manufacture, and commercialize health and wellness solutions to enable people to live their best lives. We are committed to executional excellence, smart diversification, and a synergistic, omni-channel approach. ProPhase Labs’ valuable subsidiaries, their synergies, and significant growth underscore our multi-billion-dollar potential. For more information, visit www.ProPhaseLabs.com. Media Relations and Institutional Investor Contact:ProPhase Labs, Inc.267-880-1111investorrelations@prophaselabs.com Retail Investor Relations Contact:Renmark Financial CommunicationsJohn Boidman514-939-3989Jboidman@renmarkfinancial.com