Natural Health Farm Holdings, Inc., a Las Vegas, Nevada-based nutraceutical biotechnology company, recently announced a new planned strategic retail product, as well as the market expansion of PremaLife Australia Pty Ltd., which is the company's 51 percent owned naturopathic and homeopathic manufacturer.
Expansion and growth
A well-known manufacturer and supplier of functional foods and health supplements, the company works under the guidance of Glen Gillard, the company's founder, and a renowned natural therapist in Australia. Furthermore, the company is also a manufacturer of uniquely formulated practitioner-only naturopathic and homeopathic medicines for more than three decades now, guaranteeing products with the highest quality.
According to NHF Holdings President Vernon Tee, "For over 30 years, PremaLife has firmly established itself as a leading developer and manufacturer of the highest quality naturopathic and homeopathic products available anywhere. While previously focused primarily in the Australian practitioner-only market, we are preparing to launch an aggressive strategy to expand PremaLife's business model to include new retail-focused products, new distribution channels, and most importantly, entry into the rapidly growing markets for Australian manufactured health and wellness products in Malaysia and China."
Presently, the company now manufactures and supplies over 400 health, nutritional and food products that are then distributed all throughout Australia, as well as get exported to other countries. Furthermore, the company also regularly hosts programs, webinars, and seminars so practitioners and customers alike can learn all about their products.
According to Tee, the company's current plan to leverage existing NHEL related business connections and networks in Malaysia and China, as well as potentially partner with other established distributors is a sign of the company's massive growth in the last few years. The NHF President continued by saying that one of the most significant driving forces behind the company's expansion is the popularity of both Australian foods and healthcare products in both Malaysia and China, signaling a new market ripe for the picking. It also helps that these products are believed to be safer and more effective than most Chinese manufactured products that are comparable to them.
Tee ended the statement by saying that the growth opportunities for Australia, China, and Malaysia are very remarkable, especially for PremaLife. Combined together, both businesses are certainly geared towards rapid growth and inevitable success.