Skinvisible, Inc.
Skinvisible, Inc., is a research and development company, engaged in developing and enhancing patented dermatology and Over the Counter (OTC) skincare products with their proprietary polymer delivery system Invisicare.
In November 2009, the company entered into licensing agreement with Alto Pharmaceuticals, for DermSafe, an antimicrobial hand sanitizer lotion.The company reported revenues of (U.S. Dollars) USD 0.77 million during the fiscal year ended December 2008, a decrease of 1.29% from 2007. The operating loss of the company was USD 1.34 million during the fiscal year 2008, as compared to an operating loss of USD 1.37 million during 2007. The net loss of the company was USD 1.64 million during the fiscal year 2008, as compared to a net loss of USD 1.61 million during 2007.
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