CHINO HILLS, CA / ACCESSWIRE / July 30, 2024 / SOHM, Inc. (OTC PINK:SHMN), a pharmaceutical and biotechnology company specializing in generic drugs, has announced today the dispatch of its first initial purchase order for manufacturing and supplying skincare products to a new Far East customer. The products, which include human prescription topical treatments for skin care, acne, exfoliation, and anti-aging, will be exported to Far Eastern countries.
Mr. Baron Night, CEO, revealed that negotiations with the new customer began in March 2024, culminating in an initial purchase order for 7,500 units. The company's Carlsbad facility will handle production, and the ongoing regular orders will generate significant revenue of over a quarter of million during the year 2024 from this new customer. Additionally, SOHM plans to expand its business through private label agreements and CDMO activities with other domestic and export customers. The initial order has already been dispatched by the company in the second quarter.
The new overseas customer, a skincare market pioneer, offers a range of proprietary formulations. SOHM is optimistic about capturing a substantial market share in 2024, building on its success with other product lines, including the recently introduced ABBIE kits.
"SOHM is very pleased to have received this new account and project." The skin care market has significantly increased in recent past years, and the company aims to capture significant market share through its customers. Mr. Night, CEO added.
The management continues and assures that SOHM achieves its target for higher revenue growth in 2024 compared to previous years, including our new ABBIE kits which is planned and expected in the current quarter.
About SOHM, Inc.:
SOHM is a biopharmaceutical company dedicated to developing and commercializing gene editing technologies for research, synthetic biology, and therapeutic applications. With a focus on precision medicine, SOHM aims to revolutionize the treatment of genetic diseases by providing safe, efficient, and targeted gene editing solutions. Through strategic collaborations and groundbreaking research, SOHM is at the forefront of advancing the field of gene therapy.
To learn more about SOHM, Inc., visit www.SOHM.com.
SOHM, Inc.:
Name: Baron Night, CEO/Dr. David Aguilar, COO
Email: info@sohm.com
Phone: (714) 522-6700
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SOURCE: SOHM, Inc
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