Zacks.com submits: This morning, Oxygen Biotherapeutics ( OXBT ) announced that the company has begun distribution of its new formulation of Dermacyte (perfluorocarbon oxygen concentrated gel) for the beauty and skin care market. This is essentially the full-scale rollout of Dermacyte following the pilot launch in the fourth quarter 2009 when the company made available 5,000 boxes on the company’s website, www.BuyDermacyte.com. According to management, the product sold out in the first month after the initial stock became available online. The new formulation, which will be manufactured in continuing batches, incorporates a smoother and more effective concentrate to provide oxygen to the skin. The product helps promote the healthy appearance of skin by minimizing the appearance of fine lines, brightening and smoothing the complexion, and by keeping skin moist and oxygenated. Complete Story
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