International Stem Cell
Corp. announced today that Lifeline Skin Care, its operating subsidiary, has
signed a distribution agreement with Grupo Venta Internacional, S.A de C. V.,
Mexico’s largest distributor of aesthetic and reconstructive products. Grupo
Venta Internacional will offer Lifeline’s breakthrough stem cell skin care
products to health care professionals throughout Mexico, the second largest
market for aesthetic skin care in Central and South America. The agreement is
effective immediately. ISCO is a California-based biotechnology company
developing novel stem cell-based therapies and biomedical products.
As reported by
Euromonitor International, the Mexican skin care market is expected to be worth
approximately $2 billion in 2014, citing anti-aging products as being among the
most popular. With 24 years’ experience in the plastic surgery and dermatology
market in Mexico, and the credibility and presence of their 85-person national
sales force, Grupo Venta Internacional (GVI) is well qualified to help Lifeline
become very successful in this growing market.
President of GVI,
Gabriela Gonzalez Alonso commented, “Plastic surgeons and dermatologists in
Mexico are very excited about the potential for stem cell skin care products.
They’re already familiar with the benefits of growth factors for skin
rejuvenation, but the concept of stem cells elevates the technology to a whole
new level. A brand that is backed by a biotech company adds even more
credibility.”
“Expanding
international sales is a key part of our growth strategy,” said Donna Queen,
President of Lifeline Skin Care. “Initially Lifeline will be marketed only to
physicians, which will lend credibility to the brand. The recommendation of a
trusted health care professional is consistently rated as one of the most
important consideration when selecting anti-aging skincare products. For this
reason we’re especially pleased to be working with Grupo Venta Internacional.”
Lifeline Skin Care
works on developing, marketing, and selling advanced anti-aging skin care
products based on technology patented by ISCO. The technology uses ingredients
that have been extracted from ISCO’s human, parthenogenetic stem cells and are
known to reduce the visible signs of skin aging. Over the last 18 months,
Lifeline’s sales have grown on average by over 40% a quarter, on a year to year
basis. Lifeline Skin Care is available from dermatologists, plastic surgeons,
selected medical spas, and day spas.
International Stem
Cell Corporation works on the therapeutic applications of human parthenogenetic
stem cells (hpSCs) and the development and commercialization of cell-based
research and cosmetic products. ISCO’s core technology, parthenogenesis,
creates pluripotent human stem cells from unfertilized oocytes (eggs) and in so
doing avoids ethical issues commonly associated with the use or destruction of
viable human embryos. ISCO scientists have created the first parthenogenetic,
homozygous stem cell line that can be a source of therapeutic cells for
hundreds of millions of people of different genders, ages, and races with
minimal immune rejection after transplantation. hpSCs offer the potential to
create the first true stem cell bank, UniStemCell™.
For more
information, visit www.internationalstemcell.com
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