EMD Chemicals Inc. Partners With Skinvisible For Worldwide Distribution Agreement
EMD Chemicals Inc. to Distribute Invisicare to Personal Care Market Worldwide
Las Vegas, NV and Hawthorne, NY – Skinvisible Pharmaceuticals, Inc. a wholly owned subsidiary of Skinvisible, Inc. and the Cosmetic Business Unit (Rona) of EMD Chemicals Inc., an affiliate of Merck KGaA, Darmstadt, Germany are pleased to announce they have signed an exclusive worldwide sales, collaboration and distribution agreement for the personal care market involving Skinvisible's patented polymer-based topical delivery vehicle, Invisicare. Under the terms of the agreement, EMD will promote this patent-protected product to the global personal care industry.
In addition to the distribution agreement EMD and Skinvisible have reached an agreement whereby EMD would have a future right to acquire an equity interest in Skinvisible.
The Invisicare polymer delivery vehicle is specially formulated to carry water insoluble active ingredients in water-based systems without the use of alcohol, silicones, petrolatum or other organic solvents. Invisicare is also well-suited to carry water soluble actives and because of its unique functionality results in the release of such ingredients by controlled diffusion into the skin. This patented process which combines hydrophilic and hydrophobic polymers results in stable complexes with improved skin adhesion, barrier protection and moisturizing properties.
Mr. Dan Giambattisto, Sr. Business Development Manager of EMD's Cosmetic Business Unit states "This partnership will provide our customers with a novel means of increasing the effectiveness of their active ingredients and enables EMD to become a more comprehensive supplier of value-added products and services for the personal care industry".
This marketing agreement gives Skinvisible and its Invisicare line instant worldwide exposure, something that was not previously feasible," says Skinvisible President, Mr. Terry Howlett.
SOURCE: Skinvisible Pharmaceuticals, Inc.