"Is SKN the next ZNO"
Answer: NO IMO
From their latest announcement;
About Zoono
Zoono Group Limited is a global biotech company that develops, manufactures and distributes
a suite of scientifically-validated, long-lasting and environmentally-friendly antimicrobial
solutions. Zoono’s mission is to improve health and well-being through innovative, safe, nontoxic and durable germ protection.
The world leaders in the hand sanitiser segment are,
Reckitt Benckiser / Dettol / LysolEcolab3MUnilever LifebouyVi-JonCertus Medical / ClarusGOJOSC Johnson / BabyganicsCloroxITC / SavlonBloomsBerry InnovationsWinova
IMO there would be a bevy of other secondary manufacturers upping their production and increasing the demand on supply ingredients and those companies would have first dibs which would make it difficult for SKN to be competitive even if they manage to scrap together some production.
IMO too little too late for SKN to get on this band wagon and don't have the leadership capability to create and execute such a strategy in a complex field that is bio tech, which with ZNO is their core competency. SKN just makes skin creams.
IMO, That is a significant leap to scientifically proven bio-tech companies already in that space.
IMO the lead time to create such a product may mean there will be further information or changes to corona that may nullify demand profile.
IMO Just another angle to suck in unsuspecting investors.
DYOR
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