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Derma Med Update Q2 2023

2 Jun 2023

Derma Med continues to go from strength to strength, with strong growth across the UK, US and Australia.

Since PEAL’s acquisition of Derma Med Ltd, the company has continued to go from strength to strength, with strong growth across the UK, US and Australia across all business areas.

Repositioning the company for growth was at the core of PEAL’s 100-day plan and a large focus has been on expanding the senior management team to be able to handle the large growth forecast for the next 3 years. We have internally promoted the Clinical Lead to CEO and brought in a new CFO, Finance Manager, Head of Marketing and Head of Sales.

These key hires have enabled Derma Med to successfully launch in the US, with the first courses taking place in Austin, Texas in March of this year and selling out within 48 hours. This high level of demand led the team to double capacity for the next set of courses in Dallas that took place in May.

Outside of the US, 9 new courses have been created by the new Derma Medical Panel and one new course has been launched every month since PEAL acquired the company. One example of this is the brand-new ultrasound course that was also taught in Miami this year, further solidifying Derma Med’s position as one of the most innovative leading provider of aesthetics training worldwide.

Other areas of growth for the rest of this year include Derma Med’s subscription based e-learning platform, Derma Hub which will launch in Q4 of this year and will provide delegates with access to over 60 hours of aesthetics content. The online platform will also provide delegates with access to aesthetics-related products and services, creating a comprehensive ecosystem for professionals to access the tools they need to succeed.

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