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Beauty Industry

NuGene’s Revenue Grows

The cosmeceutical manufacturer reports significant growth in revenue.

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By: Marie Redding

Senior Editor, Rodman Media

NuGene International, Inc. is reporting that the company’s revenue has grown significantly in recent months, since launching last year into physician, aesthetician and medical spa channels. Its fourth quarter product sales volume nearly matched the product revenue of the prior three quarters combined, expanding its total distribution base by 200% in comparison to the third quarter of 2014.

NuGene manufactures cosmeceutical products for skin and hair rejuvenation developed from adult adipose stem cells and other biologically active ingredients.

Ali Kharazmi CEO of NuGene, said: “We are elated at the positive feedback that we have received…We are rapidly transitioning from being a provider of proprietary cosmeceuticals to our affiliated surgery centers to a business that is intensely focused on broad based cosmeceutical distribution throughout the skin and hair care industry.”

Kharazmi continued to explain: “Our focus has been to spur growth by working closely with each distributor to affirm the benefits of our total product line and by providing dedicated and attentive customer service.”

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