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Sonoma Pharmaceuticals (SNOA) Stock Rallies Premarket On Launch of First OTC Products in the US on Amazon

Sam Boughedda trader
Updated 28 Sep 2021

Sonoma Pharmaceuticals (NASDAQ: SNOA) shares are rallying premarket after announcing that it has launched its first over-the-counter products in the US on Amazon and a new consumer-focused product on Amazon in Europe.

The healthcare firm will launch Regenacyn Advanced Scar Gel and Ocucyn Eyelid & Eyelash Cleanser on Amazon.com and MucoClyns on Amazon sites in Europe. 

All three of the products launched are based on the company's patented Microcyn technology.

“The OTC launch creates an additional line of Sonoma products marketed directly to consumers and provides a direct channel that makes its proven Microcyn technology widely available for all,” the company said. 

Amy Trombly, Chief Executive Officer of Sonoma Pharmaceuticals, said: “We could not be more excited about making our safe and effective products available directly to consumers through Amazon. 

“We look forward to offering our clinically proven and patented Microcyn Technology to a wider range of patients for advanced scar management, eyelid & eyelash hygiene and personal protection spray for the face and skin.”

In August, Sonoma shares jumped over 96% after announcing the expansion of its dental care line in the US and Switzerland. 

Premarket on Tuesday, Sonoma shares are up 75.70% at $9.40. 

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Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.Â