Skinvisible, Inc. (OTCBB: SKVI) See StockGuru SKVI Profile
This weekend I posted briefly about Patents. SKVI licenses its patented products in order to generate revenue. The agreement announced today covers a vast territory and includes China.
This means patents are crucial and this product is patented in China. Today we see the incredible results associated with patenting a product in China.
I have explained that SKVI produces a delivery system — SKVI is like the envelope that pharmaceuticals used to deliver their content OR their patented and in some cases non-patented product.
Patents Secret to a Profitable Company
Patenting their delivery system is what makes SKVI a valuable company. Check out the number of patents — and note China – the land with incredible middle-class growth. China is expected go have 3.4 Billion urban dwellers by 2015.
SKVI has six patents approved, including three in the US, and internationally in China, India, Australia, Japan and Korea.
RHEI Pharmaceuticals HK Ltd. is a Hong Kong based pharmaceutical company and a subsidiary of Luxembourg-based Leeward Ventures SICAR SCA, have entered into an exclusive licensing agreement for the commercial / institutional rights for DermSafe® Hand Sanitizer for Europe and China. The agreement follows the previously announced July 13th licensing agreement with RHEI for three skincare products including an adult incontinence cream, barrier cream and super moisturizer.
Today’s news release indicated that two new agreements with RHEI represent $1.5 million in licensing fees and on-going royalties on product sales for Skinvisible.
This is just the beginning
6320 S. Sandhill Road, Suite 10
Las Vegas, Nevada, 89120 U.S.A.
About Invisicare: Invisicare is Skinvisible’s patented polymer delivery system that offers life-cycle management and unique enhancements for topically delivered products. It is a combination of hydrophilic and hydrophobic polymers that hold active ingredients on the skin for extended periods of time resisting both wash off and perspiration. Invisicare can control the release of actives, reduce irritation and can eliminate some costly manufacturing processes. It is non-occlusive and allows for normal skin respiration while protecting against environmental irritants. www.invisicare.com
About Skinvisible Pharmaceuticals, Inc.
Skinvisible is a research-and-development company that licenses its proprietary formulations made with Invisicare, its patented polymer delivery system that offers life-cycle management and unique enhancements for topically delivered products. Invisicare holds active ingredients on the skin for extended periods of time resisting both wash off and perspiration along with controlling the release of actives and reducing irritation. Skinvisible receives a combination of research and development fees, license fees, and royalties for the life of the patent. Skinvisible’s value also lies in its ability to continually generate new IP on topical products formulated with Invisicare.
Forward Looking Statements: Certain statements, other than purely historical information, including estimates, projections, statements relating to SKVI business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words “believes,” “project,” “expects,” “anticipates,” “estimates,” “intends,” “strategy,” “plan,” “may,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. We intend such forward-looking statements to be covered by the safe-harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of complying with those safe-harbor provisions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. SKVI’s ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, is included herein and in other filings with the SEC.
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