SOS Brands, Inc. (“SOS”) a fully-owned subsidiary of Advanced Bio-Technologies, Inc. (“ABT”) announces the in-license of a patented product under the CapriClear registered trade name from Skin Evolution, LLC.
SOS Brands, Inc. (“SOS”) a fully-owned subsidiary of Advanced Bio-Technologies, Inc. (“ABT”) announces the in-license of a patented product under the CapriClear registered trade name from Skin Evolution, LLC.
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SOS Brands, Inc. (“SOS”) a fully-owned subsidiary of Advanced Bio-Technologies, Inc. (“ABT”) announces the in-license of a patented product under the CapriClear registered trade name from Skin Evolution, LLC.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as TXT, PDF, TXT or read online from Scribd
f CapriClear SOS Brands, Inc. (“SOS”) a fully-owned subsidiary of Advanced Bio-Technologies, Inc. (“ABT”) announces the in-license of a patented product under the CapriClear registe red trade name from Skin Evolution, LLC. Suwanee, GA, April 19, 2011 -- SOS Brands, Inc. (“SOS”) a fully-owned subsidiary of Advanced Bio-Technologies, Inc. (“ABT”) announces the in-license of a patented produ ct under the CapriClear registered trade name from Skin Evolution, LLC. SOS Bran ds has been granted the worldwide exclusive rights to manufacture and commercial ize CapriClear under a 10 year renewable license. CapriClear is owned by Dr. Bet ty Bellman, a practicing dermatologist and an Associate Voluntary Professor of D ermatology at the University of Miami Miller School of Medicine. She is also an attending on active staff at Mount Sinai Medical Center. CapriClear is a spray made from FCO (Fractionated Coconut Oil), which has been p atented by Skin Evolution. FCO is a highly stable, colorless, odorless, hypoalle rgenic and organic emollient that has anti-bacterial effects. It is therapeutic in patients with itchy, sensitive skin, as it repairs the skin barrier, alleviat es flaking, calms redness, and softens dry skin. It does not burn or sting upon application, making it ideal for treating children, particularly those suffering from atopic dermatitis. “We predict a strong market for CapriClear as consumers, particularly mothers and baby boomers, seek natural, organic products to protect, renew, and relieve dry, itchy skin” states Martin Floreani, ABT Vice President of International Sales Mar ket Development. “In addition, CapriClear an excellent vehicle with potential for future line extensions including versions focused on anti-inflammation and sunbu rn relief. It offers ABT significant opportunities for both consumer and profess ional products over the long term, and complements our current portfolio of spec ialty skin care and scar treatment products.” FCO can also be manufactured in othe r formats including a stick format and bar soap. ABOUT ABT / SOS Advanced Bio-Technologies, Inc. (www.advancedbiotech.com) is a specialized derma tological products company with a focus on scar treatment and prevention. The Co mpany’s flagship product is Kelo-cote®, a patented, self-drying, silicone-based topi cal medical gel that dries within five minutes to form an invisible protective s ilicone sheet over the applied area. (www.kelocote.com) A scar prevention produc t with sun protection ingredients is sold in the US professional market under th e name bioCorneum+®. In April 2009, ABT/SOS acquired Belli Skincare, a women’s health and wellness comp any, focused on providing physician-formulated skin care treatments for mothers and infants. Belli sets a new standard for cosmetic ingredient safety as the onl y company in the world that performs an ongoing review of the published medical literature and screens out any ingredients linked to harmful effects during preg nancy, nursing and infancy. ABT is a portfolio company of HealthEdge Investment Partners. ABOUT HEALTHEDGE HealthEdge Investment Partners, LLC (www.healthedgepartners.com) is an operating -oriented private equity firm founded in 2005 that focuses exclusively on the he althcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relations hips of its partners. HealthEdge partners have more than 100 years of combined o perating experience in healthcare as CEOs and investors. For more information, please contact Brian W. Anderson at HealthEdge Investment Partners: brian@healthedgepartners.com, (813) 490-7102 Contact: Lisa Massaad Advanced Bio-Technologies, Inc. Suwanee, GA 678-684-1429 LMassaad@advancedbiotech.com http://www.advancedbiotech.com