AcnEase
Herborium Group, Inc., a botanical therapeutics company that develops, licenses and markets novel, botanical ingredient based medicinal products, today announced that it has entered into a long-term distribution Agreement with the largest retailer of male grooming products in the UK, Mankind LLC. In addition to its leading market share of the male grooming market, Mankind also commands a sizeable market share of the UK Internet female cosmetic market.
“We are very excited about the potential for AcnEase, our novel, herbal acne treatment, in the UK,” said Dr. Agnes P. Olszewski, CEO of Herborium Group. “The Dermatology Market Outlook for 2011 forecasts that, collectively, the acne market is estimated to be $2.7 billion in 2011. The major dermatological indications included in this market are acne, the largest segment, and Rosacea the fifth largest segment, both of which are treated successfully by AcnEase. In clinical studies AcnEase has demonstrated up to 95% efficacy in diminishing acne and improving skin condition. The market for natural based products in the UK is estimated to be over $25 billion. Sales of AcnEase in the UK have commenced and we expect steady growth in 2009 and beyond, since our product fits the growing market need for all natural and safe products, as well as the high demand for acne (dermatologic) treatments.”
Herborium editorial on Acne Treatment has been selected for publication by NATIONAL ASSOCIATION of PRIMARY CARE REVIEW - Summer 2009, a leading journal targeting General Practitioners and the GP Trusts in the UK.
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