Breaking News

DS Healthcare Group Receives Financing

January 6, 2014

Sells nearly two million shares to investors.

A hair-raising concept is doing a good job in the fund-raising department as well. DS Healthcare Group, Inc., a developer of personal care products, has completed its securities purchase agreement with a group of accredited investors for the sale of 1,965,000 shares of the company's common stock, with gross proceeds of $3,144,000. DS Healthcare Group Inc. is a leader in the development and distribution of topical therapies for personal care products, including treatments for hair loss. Its products are sold through a network of independent distributors, salons, pharmacies, online retailers, specialty retailers and select department stores.


DS Healthcare's net revenues for the first nine months of 2013, rose 22% to nearly $10.6 million. Revenue growth was primarily driven by the acquisition of the company's Mexican subsidiary. Net revenues for the third quarter of 2013 rose less than 1% to $3.2 million. 


"In the first nine months of 2013 our topline revenues hit a new record. In addition to continuing our marketing and sales efforts for our current product lines, we are expanding our distribution channels both domestically and internationally," stated DS Healthcare President and CEO Daniel Khesin.


Khesin noted that the company filed a patent for its hair loss treatement during the third quarter. Last month, the company launched an OTC oral supplement that is said to combat premature hair thinning and improve healthy hair growth. Sold under the DS Laboratories brand, the product will debut in Mexico this year. The product contains complex peptides and antioxidants to maximize efficacy, according to the company.





Related End-User Markets:

blog comments powered by Disqus
  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 27, 2016
    Euromonitor weighs in on how Brexit could impact consumer product companies.

  • The Future of Innovation

    The Future of Innovation

    Nancy Jeffries, Contributing Editor||June 27, 2016
    Fashion Institute of Technology graduate students tackle a far-reaching topic for their Capstone project.

  • Problems for Preservatives

    Problems for Preservatives

    June 20, 2016
    David Steinberg details the issues surrounding this critical ingredient category.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.

  • Shiseido Advances in the US

    Shiseido Advances in the US

    Tom Branna, Editorial Director||June 1, 2016
    New facility in Windsor, NJ demonstrates its dedication to the US and other markets outside Japan.