Gelteq announces largest U.S. customer increases initial order by 50%

Gelteq (GELS) announces its largest U.S. customer, Healthy Extracts, has increased its initial purchase order of Gelteq collagen and Mynus sugar blocker gels by 50%, citing high demand and popularity of the products. Healthy Extracts’ platform acquires, develops, patents, markets, and distributes plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market. This growing partnership supports Gelteq’s strategic push into the U.S. market following the recent hiring of Adam Bendell as the Company’s U.S. President and the establishment of a U.S.-based office. Production of Healthy Extracts’ order is underway, with shipment expected in January 2025. Gelteq and the Healthy Extracts team will continue to expand the range of their partnership and expect to announce new products in early 2025.