NEXGEL (NASDAQ:NXGL) CEO Adam Levy joined Proactive's Stephen Gunnion with details of the company's second-quarter financial performance, which showed a 35% increase in year-over-year revenue to $561,000.
Levy attributed the strong rise to sales growth of new products as well as initiatives in branded consumer products.
The growth trajectory is likely to continue, he added. Levy also provided a broad overview of NEXGEL, a leading provider of ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications.