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Ovation Science expands distribution of it DermSafe® hand sanitizer lotion to Mexico

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Ovation's new distributor, Grupo Venta International, with corporate offices in Guadalajara, Mexico, made their first purchase of over 10,000 bottles of DermSafe®, which they will begin distributing through-out Mexico.

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Company: Ovation Science
Website: http://www.OvationScience.com
Stock Symbol: CSE: OVAT
Date Published: Jun 23, 2020
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Ovation Science has expanded distribution of its DermSafe® hand sanitizer lotion to Mexico.

Ovation's new distributor, Grupo Venta International, with corporate offices in Guadalajara, Mexico, made their first purchase of over 10,000 bottles of DermSafe®, which they will begin distributing through-out Mexico.

DermSafe® is a pharmaceutical-grade hand sanitizer lotion that uses chlorhexidine gluconate; an ingredient used worldwide in hospitals as it has a proven ability to kill germs.

DermSafe® has been developed with patented Invisicare® technology, which forms a protective bond that holds ingredients on the skin, resisting rub-off and wash off, is non-occlusive and allows for normal skin respiration and perspiration.

Terry Howlett, President of Ovation, stated: "We are thrilled that Grupo Venta has proceeded very quickly with their desire to make DermSafe® available through-out Mexico through their medical and consumer distribution channels. We knew they were excited to get onboard when over 80 sales representatives and staff participated in our virtual training. We were also impressed when they shortly after organized a physicians' virtual training for this week. Doctors understand that alcohol hand sanitizers can have a devastating effect on your hands and that contact dermatitis caused by the alcohol can be very painful for people. Grupo Venta is well positioned in Mexico to sell DermSafe® as they have an established distribution system to both medical professionals and consumers and they understand the need for a pharmaceutical-grade hand sanitizer like DermSafe®."

Founded in 1990, Grupo Venta, supplies surgical equipment, supplies, cosmetic and wellness products through-out Mexico.

They target various medical specialties including more than 3,000 dermatologists, 1,900 surgeons and other medical specialists and hospitals.

Ms. Gabriela González Alonso, Director General and CEO of Grupo Venta, added: "We are pleased to be working with Ovation Science and to be able to provide DermSafe® hand sanitizer to help protect the citizens of Mexico during this devastating COVID-19 pandemic. Adding DermSafe® to our current COVID-19 product offering is a great fit as we interact with physicians and consumers across our country with other medical, surgical and aesthetic / wellness products. As we have seen a surge of COVID-19 cases in Mexico recently, we are thankful that we can do our part by bringing high quality products such as DermSafe® to the marketplace."

With more than twenty years of topical and transdermal drug delivery experience in the pharmaceutical market, Ovation's management and science team have created a unique pipeline of over twenty-five patent-protected medical / wellness topical and transdermal products along with a line of anti-aging / beauty formulas.

Ovation earns revenues from licensing and development fees, royalties, the sale of Invisicare to its licensees and now revenue from its own product sales.

Ovation has offices in Vancouver, British Columbia and Las Vegas, Nevada.

The shares are currently trading at $0.50.

For more information, please visit the company’s website at www.OvationScience.com, contact Doreen McMorran, at 604-283-0903 ext 4, or email doreen@OvationScience.com.

Investor relations is handled by Sebastian Kunysz of KIN Communications, who can be reached at 866-684-6730 or by email at OVAT@KinCommunications.com.

I’m Megan Edwards for Investmentpitch Media