Pacific Software Inc. Announces a Landmark Asset Acquisition from Dreamaderm Inc. [Yahoo! Finance]
AbbVie Inc. (ABBV)
Last abbvie inc. earnings: 5/1 07:43 am
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Source: Yahoo! Finance
DANA POINT, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Pacific Software Inc. (“PFSF”) acquired certain assets of Dreamaderm Inc. ("Dreamaderm") through a Plan of Acquisition, dated January 24, 2024. PFSF will now be the exclusive holder of a patented, first-in-class cosmeceutical asset, branded as Dermatrix. This groundbreaking technology boosts natural collagen production through a novel mechanism of action: preserving insulin within the skin. PFSF believes that Dermatrix will have broad utility for numerous dermatological applications, ranging from cosmetic treatments to acute and chronic wound care, and advanced medical aesthetics procedures. Dermatrix prevents the breakdown of insulin by blocking the action of insulin-degrading enzyme (IDE), a peptidase that is abundant within the skin. Insulin directly stimulates collagen production, thus Dermatrix has the effect of maximizing the body's own natural collagen-producing processes. By blocking IDE, Dermatrix also maintains the leve
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ABBV
Earnings
- 4/26/24 - Miss
ABBV
Sec Filings
- 5/17/24 - Form 25-NSE
- 5/8/24 - Form 8-K/A
- 5/7/24 - Form 4
- ABBV's page on the SEC website