NuGene Is On the Rise

NuGene International, Inc. sales more than doubled to $536,363 in Q2 2015 compared to $211,667 last year. The company attributed the increase to its ongoing focus on expanding its distribution through professional channels, including dermatologists, plastic surgeons, medical offices and spas, resulting in the increased sales. NuGene expects to continue to expand direct online sales and sales through upscale retail locations. A recent launch with Kathy Ireland has also made headlines this year.

During the second quarter of 2015, NuGene began recruiting and training sales representatives who will concentrate on opening new distribution channels while providing each existing customer with a dedicated point of contact within the company. NuGene also expanded its consumer product line by introducing a Skin Care Trial Pack during June 2015, which includes Universal Cream, Universal Serum, Eye Serum and the Light & Bright Gel in convenient 10 ml bottles. Management believes that this will provide first-time consumers with an attractive introductory means of evaluating NuGene products on a trial basis.

The NuGene's research team continued to develop additional consumer products, with the development of a facial mask, facial scrub and hydrating shampoo which management expects to launch during the third quarter of 2015.

The company's subsidiary, NuGene BioPharma, Inc., continues to develop the SkinGuardian product line of skin protectant, antiseptic and moisturizing lotion; the company acquired SkinGuardian in March 2015. Management anticipates launching the SkinGuardian product with the added stem cell media during the latter part of 2015 or early 2016 in over the counter departments of pharmacies and other distribution channels.

Ali Kharazmi, co-founder and CEO of NuGene International, stated, “We are delighted to report year over year revenue growth as our core business continues to expand and our brand gains greater name recognition. We are starting to see the commercial benefits of our newly created dedicated sales force. From here we hope to build our strategic vision of becoming a leading cosmetics brand. We continue to invest in developing both our cosmeceutical and biopharmaceutical product lines, while expanding our distribution base through agreements such as the one recently announced with Jon'Ric International.”