Report: Mori Arkin In Talks To Buy Sol-Gel Technologies For $10M

By Anouk Lorie July 20, 2014 Comments

sol-gelJuly 20, 2014 | The businessman Mori Arkin is in talks to buy Sol-Gel Technologies, a company that developments skincare products using nanotechnology, according to a “Globes” report. If talks continue and the deal goes through Arkin will purchase Sol-Gel for an estimated total of $10 million if milestones are met. Founded in 1997, Sol-Gel is managed by Dr. Alon Seri-Levy and has invented a way to use nanotechnology in order to allow skincare products to actually penetrate the skin, with products for common conditions like rosacea and acne.

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