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Pharma Company Organicell Partners With Beauty Health Focusing On Aging & Inflammation Signs

Benzinga Real-time News · Sep 16, 2022 11:16

SKIN -1.53%

Biopharmaceutical company Organicell Regenerative Medicine Inc (OTC:OCEL) plans to expand into the skincare and haircare industries in partnership with Beauty Health Co (NASDAQ:SKIN).
BeautyHealth's Hydrafacial, with Organicell, will create the first to-market exosome booster for their patented Hydrafacial device.
Hydrafacial's new exosome booster will be available early next year.
Organicell is a clinical-stage biopharmaceutical company focused on developing innovative biological therapeutics and regenerative medicine.
Organicell's science team will work with Hydrafacial to prove the efficacy of how this new booster application may reduce inflammation, increase collagen, and increase elastin.
"This partnership is the first of many we are working on in the aesthetic and hair space," said Organicell's CEO, Matt Sinnreich.
Last week, Organicell secured an additional $11 million in financing in preparation for clinical trial enrollment.
Organicell has been approved by the FDA to conduct Phase I/II clinical trials on their investigational new drug, Zofin.
Price Action: OCEL shares are trading higher by 4.13% at $0.05 on the last check Friday.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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