Nach der Meldung Koperation mit The Beauty Shop jetzt Kooperation mit Revlon:
Revlon and Senetek Enter Licensing Agreement Revlon to Introduce Kinetin-Based Skincare and Cosmetic Products to Mass Market
THURSDAY, JUNE 15, 2000 7:22 AM
- PRNewswire
NAPA, Calif. and NEW YORK, Jun 15, 2000 /PRNewswire via COMTEX/ -- Revlon, Inc. (NYSE:REV) and Senetek PLC (Nasdaq:SNTKY) today announced that they have entered into an exclusive licensing agreement which provides Revlon with Senetek's patented Kinetin skincare technology for use in creating skin care and cosmetic products. Terms of the agreement grant Revlon exclusive worldwide rights for Kinetin in the mass market, excluding parts of Asia. In exchange for exclusivity, Senetek has received a nonrefundable licensing fee of $3 million. The contract provides for royalty payments to Senetek subject to annual minimums.
Kinetin (N6-furfuryladenine) is an essential plant growth factor that retards senescence of plants and was shown to delay age-related changes in cultured human skin cells in clinical testing at the University of California, Irvine. It is currently an ingredient in dermatologist dispensed and recommended skincare products.
Frank Massino, Chairman and Chief Executive Officer of Senetek, stated, "With Revlon's well-established distribution network, extensive portfolio of brands and dynamic new leadership and management team, we are confident that the substantial potential of Kinetin will be realized in the global skincare market."
Jeffrey M. Nugent, President and Chief Executive Officer of Revlon, Inc., said, "This agreement will both enhance our ability to create innovative products and accelerate the achievement of our strategic goal of making skin care a much more significant part of our overall business."
Revlon, Inc. is a worldwide cosmetics, skin care, fragrance, and personal care products company. The Company's vision is to become the world's most dynamic leader in global beauty and skin care. Revlon brands include Revlon(R), Almay(R), Ultima II(R), Charlie(R), and Flex(R), sold in approximately 175 countries and territories. www.revlon.com.
Senetek PLC is a science-driven biopharmaceutical company engaged in the development of products for dermatological therapeutics and the treatment of male and female sexual dysfunction. www.senetekplc.com.
The Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties including the risks detailed from time to time in the Company's Securities and Exchange Commission filings.
CONTACT: Richard Woods, 212-527-5791, or investors, Laura Kiernan, 212-527-5230, both for Revlon, Inc.; or Press and Investor Relations of Senetek PLC, 707-226-3900, ext. 102, or ir@senetek.net.
SOURCE Revlon, Inc.; Senetek PLC
CONTACT: Richard Woods, 212-527-5791, or investors, Laura Kiernan,
212-527-5230, both for Revlon, Inc.; or Press and Investor Relations of
Senetek PLC, 707-226-3900, ext. 102, or ir@senetek.net
/Company News On-Call: www.prnewswire.com/comp/115015.html or fax,
800-758-5804, ext. 115015
URL: www.revlon.com
www.senetekplc.com
www.prnewswire.com
(C) 2000 PR Newswire. All rights reserved.
SOLLTE Analyst HEIKO THIEME MIT SEINEM KURSZIEL VON 10$ RECHT BEHALTEN????
ach wär das schön....
gruß storyhunter
Revlon and Senetek Enter Licensing Agreement Revlon to Introduce Kinetin-Based Skincare and Cosmetic Products to Mass Market
THURSDAY, JUNE 15, 2000 7:22 AM
- PRNewswire
NAPA, Calif. and NEW YORK, Jun 15, 2000 /PRNewswire via COMTEX/ -- Revlon, Inc. (NYSE:REV) and Senetek PLC (Nasdaq:SNTKY) today announced that they have entered into an exclusive licensing agreement which provides Revlon with Senetek's patented Kinetin skincare technology for use in creating skin care and cosmetic products. Terms of the agreement grant Revlon exclusive worldwide rights for Kinetin in the mass market, excluding parts of Asia. In exchange for exclusivity, Senetek has received a nonrefundable licensing fee of $3 million. The contract provides for royalty payments to Senetek subject to annual minimums.
Kinetin (N6-furfuryladenine) is an essential plant growth factor that retards senescence of plants and was shown to delay age-related changes in cultured human skin cells in clinical testing at the University of California, Irvine. It is currently an ingredient in dermatologist dispensed and recommended skincare products.
Frank Massino, Chairman and Chief Executive Officer of Senetek, stated, "With Revlon's well-established distribution network, extensive portfolio of brands and dynamic new leadership and management team, we are confident that the substantial potential of Kinetin will be realized in the global skincare market."
Jeffrey M. Nugent, President and Chief Executive Officer of Revlon, Inc., said, "This agreement will both enhance our ability to create innovative products and accelerate the achievement of our strategic goal of making skin care a much more significant part of our overall business."
Revlon, Inc. is a worldwide cosmetics, skin care, fragrance, and personal care products company. The Company's vision is to become the world's most dynamic leader in global beauty and skin care. Revlon brands include Revlon(R), Almay(R), Ultima II(R), Charlie(R), and Flex(R), sold in approximately 175 countries and territories. www.revlon.com.
Senetek PLC is a science-driven biopharmaceutical company engaged in the development of products for dermatological therapeutics and the treatment of male and female sexual dysfunction. www.senetekplc.com.
The Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties including the risks detailed from time to time in the Company's Securities and Exchange Commission filings.
CONTACT: Richard Woods, 212-527-5791, or investors, Laura Kiernan, 212-527-5230, both for Revlon, Inc.; or Press and Investor Relations of Senetek PLC, 707-226-3900, ext. 102, or ir@senetek.net.
SOURCE Revlon, Inc.; Senetek PLC
CONTACT: Richard Woods, 212-527-5791, or investors, Laura Kiernan,
212-527-5230, both for Revlon, Inc.; or Press and Investor Relations of
Senetek PLC, 707-226-3900, ext. 102, or ir@senetek.net
/Company News On-Call: www.prnewswire.com/comp/115015.html or fax,
800-758-5804, ext. 115015
URL: www.revlon.com
www.senetekplc.com
www.prnewswire.com
(C) 2000 PR Newswire. All rights reserved.
SOLLTE Analyst HEIKO THIEME MIT SEINEM KURSZIEL VON 10$ RECHT BEHALTEN????
ach wär das schön....
gruß storyhunter