Skin Elements (ASX:SKN) tapping into new market opportunities with SuprCuvr - Kalkine Media

Skin Elements Limited (ASX:SKN), an ASX-listed natural skincare company, has provided a market update on its business plans. The company's business plan includes the commercialisation of its antimicrobial technology and all-natural plant-based SE Formula^TM.

Skin Elements has a range of products spanning skincare, haircare, and disinfectants. Its brands are Soleo Organics, Papaya Activs, and Invisi Shield.

SE Formula^TM

SE Formula^TM, a high-performance proprietary all-natural antimicrobial technology, is the result of more than 15 years of research and development by SKN on plant-based ingredients and microbials. With SE Formula^TM, the company claims to be at the forefront of ‘proprietary all-natural antimicrobial technology’ .

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Market opportunities for SuprCuvr

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SuprCuvr is a TGA-registered hospital-grade disinfectant. It is made from a 100% plant-based formula.

According to the company, with Australia now emerging from COVID-19, SuprCuvr has been placed as a high-performance broad-spectrum disinfectant safe for human, animal, and plant use.

Skin Elements has a SuprCuvr distribution agreement with Pacific Health that has laid down an extensive distribution network of SuprCuvr in Australia and New Zealand.

Thomson Coachlines, based in Western Australia, has adopted SuprCuvr for use in its bus fleet, saving time and money. Thomson now disinfects a coach every day within 10 minutes, achieving high levels of protection against COVID-19, bacteria, and germs without causing any damage to the bus interior. The outcomes obtained by Thompson show that SuprCuvr has a sizable market possibility in this application.

Healthy Giant Limited, a cleaning company in Hong Kong, recently began using and selling a SuprCuvr hospital-grade disinfectant, as well as providing treatment services for the Hong Kong government and several multinational corporations with offices there.

In addition to providing services to five top-tier real estate organisations, over 300 schools, 100 elderly institutions, and government agencies in Hong Kong and Macau, Healthy Giant Limited sells its cleaning and disinfecting products directly to 5,000 clients.

Skin Elements is currently undertaking further trials of SuprCuvr in Australia and New Zealand for the treatment of livestock and crops. This positive result holds the possibility of opening avenues for new product applications in agriculture and horticulture. The company plans to advance these opportunities to extend the SE Formula^TM product range.

PapayaActivs Therapeutics

Production of PapayaActivs is currently ongoing to deliver the full range of PapayaActivs therapeutic skincare products. These products combine the power of papaya with proven traditional natural ingredients that help relieve the symptoms of several skin conditions and wounds and provide relief from mild muscle, joint, and arthritic pain.

The range of products is listed with the TGA's Australian Register of Therapeutic goods and can be found on the company's online store website.

Commenting on this, the company's executive chairman Mr Peter Malone said: "With the SE Formula now being developed into high performance products with Therapeutic Good Administration registrations in place, the Company is now focused on sales and distribution, with the aim of delivering significant revenues to the Company, and value for shareholders over the coming year."