NutraFuels, Inc. Founds NutraDerma Technologies and Acquires Patented All-Natural Skin Patch for Deet-free Mosquito Deterrence
Coconut Creek, FL, Feb 18, 2019 - (ACN Newswire) - NutraFuels, Inc. (NTFU), soon to be NutraLife BioScience, Inc., has acquired a patent for a unique and natural formulation that deters insects including mosquitoes through a dermal delivery system patch. On January 28, 2019, NutraFuels founded a new wholly owned subsidiary, NutraDerma Technologies, Inc. to commercialize the patented dermal patch.
The all-natural insect deterrent dermal patch is the first planned product for NutraDerma. The patented patch uses natural ingredients such as Vitamin B1 to ward off insects. NutraFuels founded NutraDerma to commercialize the all-natural dermal mosquito patch upon compliance with applicable regulatory requirements.
NutraDerma plans to develop other nutraceutical, skin care, cosmetic and wellness dermal skin patches including vitamin supplement patches and various formulations designed to harness the benefits of combining key ingredients and technologies to support health and wellness. With the acquisition of its new patent, NutraDerma has taken its first step towards entering the bio life sciences market.
According to the American Mosquito Control Association (AMCA), there are more than one million Malaria-related deaths and 300 - 500 million cases are reported annually throughout the world. As the Center for Disease Control (CDC) reports, Zika is still a threat internationally as well.
NutraFuels, Inc is a fully reporting company with a class of securities registered with the U.S. Securities & Exchange Commission ("SEC"). As reported in its Form 8-K filed with the SEC on November 13, 2018, NTFU recently announced its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. NTFU's filings with the SEC can be viewed at www.sec.gov. NTFU's CBD products and information about the company's direct sales program can be found online at www.nutrahempcbd.com and by following the company on Instagram.