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Skin Elements Limited ( (AU:SKN) ) has provided an announcement.
Skin Elements Limited has reported significant progress in several areas for the quarter ending December 2024. The company is advancing its ECO-Nurture bio stimulant in New Zealand’s kiwi fruit orchards and evaluating its SuprCuvr disinfectant in public health and transport sectors. Additionally, Skin Elements is exploring large-scale distribution opportunities for its Soléo Organics sunscreen. The company received an R&D rebate of $182k and announced an entitlement issue to raise $513k, strengthening its cash reserves. These activities highlight Skin Elements’ focus on expanding its market presence and commercialization efforts through innovative, plant-based alternatives.
More about Skin Elements Limited
Skin Elements Limited is an Australian natural biotechnology company that focuses on developing plant-based, high-performance products. Its primary offerings include the SE Formula-based product lines such as Soléo Organics, SuprCuvr, ECO-Nurture, and PapayaActivs Therapeutics, which aim to provide natural alternatives to chemical-based products in various markets.
Current Market Cap: A$3.01M
For a thorough assessment of SKN stock, go to TipRanks’ Stock Analysis page.
