AIVITA Biomedical Licenses Novel Skincare Formulations to Global Skincare Retailer LevEllis

AIVITA Biomedical Licenses Novel Skincare Formulations to Global Skincare Retailer LevEllis

AIVITA Biomedical, Inc., a biotech company specializing in innovative stem cell applications, is pleased to announce the execution of a licensing agreement with LevEllis, a global skincare retailer, for the worldwide exclusive marketing and distribution rights to AIVITA’s proprietary skincare formulations. Formerly sold as Root of Skin™, AIVITA’s skincare products generated strong market testing metrics amongst licensed clinical dermatologists and set records for consecutive sell-outs on QVC Japan.

Under the terms of the agreement, LevEllis gains exclusive worldwide rights to market and distribute AIVITA’s skincare formulations. AIVITA receives upfront, milestones, and royalty payments. AIVITA will continue to manufacture and supply the active ingredient from its cGMP manufacturing facilities.

“We are thrilled to be partnering with such a renowned aesthetics retail team to bring these products to the global market,” said AIVITA CEO Dr. Hans Keirstead. “LevEllis has the deep-domain knowledge to best represent the real science and clinical rigor behind these products.”

LevEllis will reintroduce the formulations as Provoque™, a new skincare brand launched by Dr. Laura Ellis, cosmetics surgeon and renowned expert in rejuvenating skincare. Her LevEllis team brings together cosmetics industry veterans and experts in commercialization who have shepherded major products to market.

“I’m excited to be introducing these truly innovative products to skincare consumers everywhere,” said Dr. Laura Ellis, Founder and CEO of LevEllis. “They provide a wholly unique actives complex and are backed by real data, but more importantly, I’ve seen the reaction of everyday users who have become lifelong fans.”

The novel active in AIVITA’s skincare formulations was made possible by adapting techniques and know-how used to develop the company’s regenerative therapies, which have proven effective in FDA-regulated clinical trials. AIVITA’s proprietary capabilities in high purity cell culturing allow the company to capture the complete set of factors produced by young skin stem cells in their natural relative concentrations. The resulting products restore what aging skin loses over time.

About AIVITA Biomedical

Founded in 2016 by pioneers in the cell therapy industry, AIVITA Biomedical, Inc. utilizes its expertise in stem cell growth and directed, high-purity differentiation to enable safe, efficient and economical manufacturing systems which support its therapeutic pipeline. Our cancer immunotherapy targets the seed of all cancers, tumor-initiating cells, with a unique pan-antigenic approach that targets all neoantigens specific to the patient’s cancer. Our patient-specific cancer treatments have shown great promise including eradicating tumors, without harmful side effects in melanoma, and renal cell cancer, and enhanced survival in glioblastoma. Our Multi-Pathogen Vaccine Kit for infectious diseases enables point-of-care vaccine production in minimally equipped facilities by minimally trained third-party technicians.

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matt@aivitabiomedical.com
+1-949-872-2555 x108

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