ELEVAI LABS announces that the United States Patent & Trademark Office, USPTO, issued US Patent No. 11,878,038, entitled “Exosome-based Skincare Product” covering the primary formulation for ELEVAI’s exosome-based skin care products. The ELEVAI exosomes used in ELEVAI Labs’ formulations are derived from specially cultured and treated umbilical mesenchymal stem cells to generate a specific profile for the applications desired. ELEVAI’s enfinity and empower(TM) formulations are both covered by the Patent. “We are pleased the USPTO has issued this critical patent, which is the first step towards building ELEVAI’s patent moat in the aesthetics market. The Company will continue to strive to invent or acquire the best and most technically advanced products, which we believe will maintain ELEVAI’s competitive edge in the physician-dispensed skincare market and beyond,” said ELEVAI co-founder and CEO, Jordan Plews, PhD.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ELAB:
- Biotech Alert: Searches spiking for these stocks today
- ELEVAI LABS, Inc. Reports Strong Preliminary Unaudited Financial Performance for Fiscal Year 2023, Highlighting Significant Revenue Growth and Expanding Global Reach
- Elevai Labs sees 2023 net revenue over $1.635M, up 113% y/y
- Elevai Labs signs worldwide license agreement with INmune Bio
- ELEVAI Labs, Inc. Acquires Worldwide License Agreement for Proprietary Stem Cell Manufacturing Technology