SkinBioTherapeutics says development project with Winclove is well ahead of schedule
The skin health specialist made significant progress with its collaborative partners, Winclove Probiotics and Croda
Company
LON:SBTX
SkinBioTherapeutics PLC is a life science company focused on skin health. The company’s proprietary platform technology, SkinBiotix ® , is based upon discoveries made at The University of Manchester.
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The skin health specialist made significant progress with its collaborative partners, Winclove Probiotics and Croda
The company is targeting further commercial progress in the areas of MediBiotix, where it is focusing on medical device applications, and CleanBiotix
The UK skin health group teaming up with a Dutch firm called Winclove Probiotics
At the end of June, there was £3.1mln in the bank, compared to £3.2mln a year earlier
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The company will be working with Croda unit Sederma, which will design and manufacture “new unique, sustainable, cosmetic ingredients, focusing specifically on the growing skincare actives market”
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New chief executive Stuart Ashman was appointed to take the company to commercialisation
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The SkinBiotix platform uses lysates (extracts) of probiotic bacteria to help increase the integrity of the skin as a barrier against toxins and other harmful elements while also improving its healing rate and infection resistance
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SkinBio said Stuart John Ashman’s appointment would allow him to gain an understanding of the business while incumbent CEO Dr Cath O’Neill would focus on the company’s scientific developments and ongoing commercial discussions
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“It is very difficult to change a healthy barrier and therefore the data showing improvement in some age groups gives us confidence in our partner discussions, and in seeking to develop future applications in disease conditions where the ba
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