DeepVerge Plc told investors that its new consumer offering, Skin Trust Club, has now generated more than £1m in sales.
The company, in a statement, highlighted the products that are ‘powered by Labskin’ are this year the subject to 20 new sales and marketing agreements with what it describes as new era skin care companies.
Such agreements new era skin care companies, DeepVerge noted. Namely, through client product validation on Labskin, affiliate fee income for sale of client skincare companies products via Skin Trust Club and for Skin Trust Club sales, and through data gathered for the development of new products.
"Skin Trust Club has evolved rapidly from a science-based skin test in a laboratory to a personalised skincare solution that offers a unique consumer experience,” said DeepVerge chief executive Gerard Brandon.
“By learning direct from consumers, with insights from the largest and fastest growing skin microbiome database, we offer our partners new compelling services, that generate additional routes to markets and revenue generating opportunities.
“We are delivering personalised beauty service experience to the consumer on a platform that enhances the revenue streams of Labskin, Skin Trust Club and our skincare clients."
Labskin is a 3D human skin equivalent test platform that scientifically proves the impact of skincare product claims in healthcare, life sciences, skin microbiome clinical trials, pharmaceutical and cosmetics industries.
The platform help clients maintain an optimum real-world environment, when testing their new ingredients and existing products, that shows the positive or negative impact on skin's natural microflora.