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Skin Elements Limited ( (AU:SKN) ) has issued an announcement.
Skin Elements Limited has successfully completed a $2.5 million placement to fund the commercialization of its ECO Nurture bio-stimulant, aimed at protecting kiwifruit orchards in New Zealand. This strategic move positions the company to offer a sustainable alternative to chemical-based sprays, leveraging the proven efficacy of ECO Nurture and marking a significant market opportunity for the company’s expansion.
More about Skin Elements Limited
Skin Elements Limited is an award-winning Australian biotechnology company listed on the ASX, specializing in the development of natural, plant-based formulations. Their innovative approach focuses on creating products with global applications, including the SE Formula Biotechnology, SuprCuvr disinfectant, ECO-Nurture bio-stimulant, Soléo Organics sunscreen, PapayaActivs skincare, and Elizabeth Jane Natural Cosmetics.
Current Market Cap: A$6.04M
See more data about SKN stock on TipRanks’ Stock Analysis page.