Biotech Developer Divine Skin (DSKX) Announces New Brazilian Division To Exploit Latin American Markets
In the next several months, DS Laboratories expects to roll out its leave-in hair-growth treatments, both with and without minoxidil.
Divine Skin's Brazilian strategy targets a rapidly expanding and ethnically diverse market of 201 million people, the fifth most populous country in the world.
One of the first emerging markets to recover after the recent downturn, Brazil's economy exceeds all other Latin American countries. It has a gross domestic product of $2 trillion (No. 10 in the world), median age of just 28.9 years, life expectancy of 72 years, and population growth rate of 1.2 percent per year.
By establishing new sales operations in Brazil, Divine Skin expects to minimize bureaucratic demands by the drug-control agency, Anvisa.About Divine Skin Divine Skin Inc. develops, markets, and distributes personal-care products through cosmetics wholesalers, online retailers, specialty outlets, spas, salons, and medical offices in more than 20 countries. Its brands include DS Laboratories, Sigma Skin, and Polaris Research. DS Laboratories, the flagship brand, offers high-performance topical solutions for men and women to restore growth and radiance to hair; suppress dandruff and unwanted hair; control acne; maintain feminine hygiene; and reduce the appearance of cellulite, wrinkles, and double chins ( www.dslaboratories.com). The Sigma Skin brand targets men and sells through upscale retailers like Bergdorf Goodman and Neiman Marcus in the United States, Saks Fifth Avenue in Mexico, and Harvey Nichols in the United Kingdom. Products are designed to reverse hair loss and other signs of aging ( www.sigmaskin.com). Polaris Research makes high-potency minoxidil-based hair-growth formulas ( www.polarisresearch.co.uk). Divine Skin's management believes the company has established itself as a leader in topical therapies, especially hair-growth, through aggressive pursuit of innovation and technology. Products employ comprehensive formulas with multiple methods of action against common skin conditions.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV