New Report Says Hand Sanitizers Effectively Kill the Virus Threat

April 16, 2020 - Baystreet.ca


Hand sanitizer kills COVID-19. That’s according to a new study in Emerging Infectious Diseases, as highlighted by the Center for Infectious Disease Research and Policy, where “Swiss and German researchers found that alcohol-based hand sanitizers recommended by the World Health Organization (WHO) are effective in killing the novel coronavirus.”

“Infection control instructions call for use of alcohol-based hand rub solutions to inactivate severe acute respiratory syndrome coronavirus 2. We determined the virucidal activity of World Health Organization–recommended hand rub formulations, at full strength and multiple dilutions, and of the active ingredients. All disinfectants demonstrated efficient virus inactivation,” per the report.

The Center for Disease Control (CDC) strongly recommended using hand sanitizer with at least 60% alcohol. Even the makers of Purell, GOJO Industries are seeing big demand. “We are seeing a substantial increase in demand. We have experienced several demand surges in the past during other outbreaks, and this is on the higher end of the spectrum.”

As the global story unfolds, some of the top stocks to keep an eye on include The Yield Growth Corp. (CSE:BOSS)(OTC:BOSQF), Clorox Co. (NYSE:CLX), Kroger Co. (NYSE:KR), Kimberly Clark Corp. (NYSE:KMB), and Johnson & Johnson (NYSE:JNJ).

The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) BREAKING NEWSThe Yield Growth Corp.  announced that its subsidiary Urban Juve Provisions Inc. plans to start taking online consumer orders for its Health Canada approved hand sanitizer liquid spray next week. Manufacturing of Urban Juve’s hand sanitizer is scheduled to begin at the end of April and shipping is expected to commence in May or June 2020.

Initially, Urban Juve intends to sell its hand sanitizer spray through its e-commerce platform at urbanjuve.com to Canadian consumers. It also plans to donate some of its hand sanitizers to health care workers on the front lines.
“So far we have received tremendous interest from Canadian retail stores for our hand sanitizer products,” says Penny White, Yield Growth CEO. “Our next step is to register our products for sale in the United States.” As previously announced, Urban Juve recently received Health Canada approvals for both its hand sanitizer liquid spray and its hand sanitizer gel. Urban Juve also plans to register its hand sanitizer products with the FDA (Food and Drug Administration) for sale in the U.S. According toArizton's recent research report, Hand Sanitizer Market - Global Outlook and Forecast 2020-2025 the hand sanitizer market is expected to reach over $11 billion in 2020, registering year over year growth of over 600%.

Other related developments from around the markets include:

Clorox Co. (NYSE:CLX) announced the election of Kathryn (Kathee) Tesija to its board of directors, effective May 18, 2020. Tesija previously led all merchandising and supply chain efforts for Target Corporation. "As a longtime enterprise leader in the retail industry, Kathee will add valuable perspectives to our board," said Clorox lead independent director Pamela Thomas-Graham. "In addition, her expertise in digital, innovation, marketing and consumer behavior will help us in our efforts to drive our strategy of innovating brands and shopping experiences and ultimately enable us to better serve people." Tesija, 57, has been a senior adviser and consultant at Simpactful LLC, a CPG/retail consultancy firm, since 2016. Previously, she served as executive vice president and chief merchandising and supply chain officer for Target Corporation, the second-largest discount retailer in the United States, from 2008 to 2015. In this role, she oversaw all functions of product design and development, sourcing, merchandising, presentation, inventory management, operations, and global supply chain for Target.com and nearly 1,800 retail stores. During her tenure at Target beginning in 1986, she served in numerous positions of responsibility, including director, merchandise planning; senior vice president, hardlines merchandising; and strategic adviser.

Kroger Co. (NYSE:KR) announced that Rodney McMullen, Kroger's chairman and CEO, will participate in a fireside chat with investors hosted by Evercore ISI at 8:45 a.m. ET on Thursday, April 16. The presentation will broadcast online at ir.kroger.com. Click on "Events & Presentations" to access the event. The presentation will be available to view in an archived format following the conference until April 23, 2020.

Kimberly Clark Corp. (NYSE:KMB) announced that it will host its 2020 annual meeting of stockholders virtually due to the public health impact of the coronavirus outbreak (COVID-19) and to protect the health and well-being of our employees, stockholders, and our community. The annual meeting will be held over the internet in a virtual meeting format only. Stockholders will not be able to attend the meeting in person. The date and time have not been changed, and the meeting will continue to be held on April 29, 2020 at 9:00 a.m. Central Time. Stockholders who owned shares at the close of business on the record date of March 2, 2020 are entitled to attend, participate, view the stockholder list and vote at the annual meeting. The items of business are the same as set forth in the meeting notice previously provided to stockholders.

Johnson & Johnson (NYSE:JNJ) Johnson & Johnson announced that its Board of Directors has declared a 6.3% increase in the quarterly dividend rate, from $0.95 per share to $1.01 per share. “In recognition of our 2019 results, strong financial position and confidence in the future of Johnson & Johnson, the Board has voted to increase the quarterly dividend for the 58th consecutive year,” said Alex Gorsky, Chairman and CEO of the company. At the new rate, the indicated dividend on an annual basis is $4.04 per share compared to the previous rate of $3.80 per share. The next quarterly dividend is payable on June 9, 2020 to shareholders of record as of the close of business on May 26, 2020. The ex-dividend date is May 22, 2020.

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