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Seoul, South Korea–(ANTARA/Enterprise Wire)- Because the unfold of COVID-19 has slowed down worldwide, the demand for skincare is anticipated to extend, and expectations for the speedy development of the skincare market are additionally rising. Different nations comparable to america, United Kingdom, and Germany have already lifted the measures to put on masks outdoor, and there’s a pattern to abolish the measures to put on masks in public transportation. This may be acknowledged as excellent news for corporations within the magnificence business with a excessive proportion of abroad exports.
DEXLEVO, an organization specializing in beauty medical gadgets, has accomplished pre-IPO funding of 26 billion received for current traders, Magna Funding, Smilegate Funding, Hyundai Know-how Funding, and Shinhan Capital. It’s getting ready for itemizing in 2023, and DEXLEVO has set a submit worth of 276 billion received after funding.
DEXLEVO was established in 2013 by Jaewon Yoo, a former researcher at Samyang Company, and succeeded in liquefying Polycaprolactone (PCL), a biodegradable polymer, for the primary time on the earth. Primarily based on this expertise, DEXLEVO developed a liquid PCL injection ‘GOURI’ and took part on the earth’s largest magnificence truthful AMWC (Aesthetic and Anti-aging Medication world Congress) in September of final yr and March of this yr as a essential sponsor to announce GOURI’s technological prowess and excellence. It should additionally take part within the Worldwide Grasp Course on Getting old Science (IMCAS) held in Paris this June to spur advertising and marketing actions to extend its international market share.
In contrast to current fillers, as GOURI is in a liquid kind with out particulates, it spreads all through the face when injected and induces collagen formation.
DEXLEVO is increasing its magnificence market share with not solely GOURI, a beauty medical system, but additionally KABELLINE, a contour product, and Contact BR, a whitening product. Presently, DEXLEVO is specializing in distribution in Southeast Asian areas comparable to Indonesia, Vietnam, and Thailand. KABELLINE is reaching the Americas.
KABELLINE is a contouring product that breaks down fats utilizing deoxycholic acid. In contrast to current contouring merchandise, there isn’t a ache or uncomfortable side effects, and it’s a product that basically prevents the yo-yo impact from resynthesizing free fatty acids (FFA) remaining within the physique into fats.
Contacts
DEXLEVO
Enterprise Planning Improvement
Diana Kim
Supply: DEXLEVO
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