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Skinvisible Signs Dermatology Agreement With RHEI Pharmaceuticals
Date:2/4/2009

- New Partnership Introduces Invisicare to China

LAS VEGAS and PLAINSBORO, N.J., Feb. 4 /PRNewswire-FirstCall/ -- Skinvisible, Inc. (OTC Bulletin Board: SKVI), the developers of Invisicare, a patented polymer delivery system that provides life cycle management for topical products, and RHEI Pharmaceuticals NV, a Belgium based pharmaceutical company that in-licenses drugs for sale in China, today announced they have signed a first option agreement. This agreement gives RHEI the first option to license the exclusive rights for Skinvisible's dermatology products for the territory of China, Hong Kong and Taiwan. Specifically the agreement is for over-the-counter and prescription dermatology products formulated with Invisicare that have been approved in a reference country. Terms of the agreement were not disclosed. As part of the agreement, RHEI will augment its existing product lines by seeking approval and then marketing and manufacturing Skinvisible's Invisicare dermatology products in the approved territory.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030416/LAW068LOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20040503/INVISICARELOGO)

The Chinese pharmaceutical market represents a huge opportunity with an estimated $22.6 billion spent on pharmaceutical drugs in 2007 and growing at an annual rate of nearly 20%. To address this huge growth, the Chinese government has implemented a more effective approval process, one that fits advantageously into the strategic plans of both Skinvisible and RHEI.

"Skinvisible looks forward to this collaboration with RHEI as we continue to implement our strategy to pursue an accelerated expansion worldwide of licensees for our dermatology formulations enhance
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SOURCE Skinvisible, Inc.; RHEI Pharmaceuticals
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