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Cosmeceutical maker has good gains in December.
February 12, 2015
By: TOM BRANNA
Editor
Looking young never gets old. NuGene International, Inc., a manufacturer and distributor of proprietary age-defying aesthetic products for skin and hair rejuvenation developed from adult adipose stem cells and other biologically active ingredients, received approximately $320,000 in product orders in December, a record month for product orders since the company completed its successful beta product launch in early 2014. “NuGene management sees this as strong market validation for our product lines,” explained Ali Kharazmi, CEO of NuGene. “With the increased product demand seen in December 2014, as well as the satisfied customer feedback received to date, we expect double digit growth of our distribution base during 2015. We are an early stage company that began 2014 with a close group of associated aestheticians, medical spas and physicians. We added 50 distribution locations throughout November and December and as of the end of 2014 our product lines have expanded into 75 professional locations.” The company currently markets its products through a network of clinics, medical spas and skin and hair care professionals and has previously announced its intention to build new distribution networks both nationally and internationally. “The results have been extremely positive,” noted Kharazmi, “fueling further interest from several prospective distributors.” NuGene International, Inc. develops, manufactures and markets proprietary regenerative cosmeceutical and pharmaceutical products based on adipose derived human stem cell and human stem cell media.
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