New product launches drive double-digit growth in key markets and deliver market outperformance amid economic challenges<\/b><\/p>\n
HONG KONG<\/span><\/span>, March 19, 2025<\/span><\/span> \/PRNewswire\/ —\u00a0Sisram Medical Ltd (the “Company<\/b>”\u00a0or “Sisram<\/b>“, 1696.HK; together with its subsidiaries collectively referred to as the “Group<\/b>“), a global consumer wellness group, featuring a distinguished synergistic ecosystem of business building blocks and consumer-focused approaches including Energy-Based Devices (EBD), Injectables, alongside other complementary offerings,\u00a0 announced its audited consolidated annual\u00a0results for the year ended December 31, 2024<\/span> (the “Reporting Period<\/b>“).<\/p>\n FINANCIAL HIGHLIGHTS<\/b><\/p>\n FINAL DIVIDEND<\/b><\/p>\n KEY ACHIEVEMENTS<\/b><\/p>\n Confidence in Sisram’s Core Platform Reaches an All-Time High reflected by remarkable market adoption of new products: <\/i><\/b><\/p>\n Alma Harmony\u2122: An innovative, cutting-edge, multi-modal anti-aging platform designed to address multiple signs of aging across all skin types and diverse demographics. Following its record-breaking performance in the U.S. (H1 2024), Alma’s new multiplatform was launched globally to unprecedented demand and better-than-expected market adoption, making it the most successful product launch in Sisram’s history. The new platform also drives growth across the entire Harmony family.<\/p>\n Continuing its leadership in the hair removal segment, Alma launched the Special Edition of Soprano Titanium globally, supported by cross-territorial B2B and B2C campaigns. This new and improved flagship hair removal platform delivers 20% more energy while remaining virtually painless. According to Sapio Research, an independent global research agency, the new Soprano is the fastest hair removal treatment on the market compared to leading global laser hair removal brands.<\/p>\n The Company’s quality management system has been successfully audited and found compliant with European MDR requirements, laying a solid foundation for the rapid launch of certified products in Europe<\/span> and other CE-related countries, such as Korea, the UK, and Australia<\/span>, in the future.<\/p>\n Advancing Integrative Solutions to Drive Profitable Growth<\/i><\/b><\/p>\n After several years of dedicated development, we are excited to introduce a groundbreaking diagnostic concept\u00a0– Alma IQ\u2122: A completely new intelligent skin analysis and consultation solution, offering a visually engaging, interactive, and automated experience while addressing patients’ skin health concerns. The product was introduced to the North American market with immediate adoption and will be launched globally in 2025 as a key component of Sisram’s synergetic offering, further strengthening the Company’s product portfolio and competitive advantages.<\/p>\n In the injectables segment, we made continued efforts to grow and optimize our commercialization infrastructure. DAXXIFY\u00ae received NMPA approval, marking it as the first Daxibotulinumtoxin A botulinum toxin to be approved in mainland China<\/span>. Designed to improve moderate to severe glabellar lines, it is set for launch in 2025, contributing to the Company’s wellness ecosystem and long-term development.<\/p>\n Additionally, the Company\u00a0entered into a partnership with Prollenium\u00ae to distribute the Revanesse\u00ae dermal filler collection in key markets. Revanesse\u00ae, which utilizes advanced hyaluronic acid technology, was successfully launched in the UK during the reporting period.<\/p>\n Moreover, Profhilo\u00ae, a next-generation hyaluronic acid injectable, received approval as a medical device from the Hainan Medical Products Administration in April 2024<\/span>. It was also launched in Thailand<\/span>, further enriching the Company’s injectables portfolio and expanding its global market presence.<\/p>\n In addition, as part of expanding our injectables portfolio with innovative, high-end products, Sisram has partnered with Hallura\u00ae for the exclusive distribution of their first-of-its-kind combination of HA and bio-stimulator in strategic markets.<\/p>\n Strengthening Direct-Sales Presence and Operational Excellence <\/i><\/b><\/p>\n The Company\u00a0established a direct sales office in Thailand<\/span> in September 2024<\/span> and has been actively driving the rapid growth of its direct sales markets worldwide. As a result, the revenue contribution from direct sales reached a record high, contributing to a 1 percentage point increase in gross profit margin during the Reporting Period. This also strengthened the Company’s market penetration and operational efficiency.<\/p>\n Driven by new product launches and accelerated market expansion, revenue from the North American market grew by 5.0% period-on-period in the second half of 2024, mitigating the impact of local economic conditions on customers’ order cycles.<\/p>\n During the reporting period, the Company\u00a0accelerated the integration of its investments in the Chinese market, laying a solid foundation for future growth. By enhancing its brands and channels through multiple dimensions\u2014including team development, product portfolio expansion, brand positioning, and business growth\u2014the Company\u00a0has strengthened its competitive edge and market presence.<\/p>\n Strategy and Outlook<\/b><\/p>\n Sisram will continue to execute our strategy by extending the Company’s global footprint, focusing on developing its direct-sales offices and supporting their growth milestones. The Company\u00a0will seize opportunities from recently launched technologies, continue building the commercialization of upcoming product launches, and strengthen its high-end brand positioning.\u00a0With North America and the Asia-Pacific<\/span> regions as core strategic markets, the Company\u00a0aims to drive sustained business growth and achieve global breakthroughs.\u00a0Building on the strong momentum of its integrative solutions, Sisram will continue to drive growth through recent portfolio advancements, including Alma IQ\u2122, its premium injectable offerings, and the highly anticipated launch of its skincare solutions in H1 2025.<\/p>\n To drive the rapid growth of its injectables product line, the Company\u00a0will continue accelerating the launch of DAXXIFY\u00ae and streamline its commercialization process in mainland China<\/span>. Sisram will also focus on promoting other injectable filler products in various markets, including Profhilo\u00ae<\/sup> in Thailand<\/span>, Hallura\u00ae<\/sup> in Israel<\/span> and Revanesse\u00ae<\/sup> in the UK\u00a0to accelerate the development of the injectables line as Company’s second core growth engine.<\/p>\n In addition, the Company\u00a0continued to build the infrastructure for its highly-anticipated innovative skin-care concept, upcoming 2025 launch. Designed to complement in-clinic treatments, personalize formulations are tailored to each patient’s unique skin profile and concerns. By integrating advanced, science-backed ingredients with a customizable approach, the new solution by Alma enhances treatment outcomes and extends the benefits of aesthetic care beyond the clinic.<\/p>\n Mr. Liu Yi<\/span>, Chairman and Executive Director of Sisram<\/b>, commented: “In 2025, our efforts will remain aligned with market needs and core strengths while enhancing the profitability of our core business. We will also focus our resources on accelerating the commercialization of key products and advancing the development of our injectables line. By combining advanced technologies with comprehensive solutions and tailored treatment experiences, we are committed to building a wellness ecosystem and elevating our products from standalone tools to integrated solutions\u2014delivering more precise and holistic wellness experiences to consumers worldwide”.<\/p>\n Mr. Lior Dayan<\/span>, CEO of Sisram and Alma<\/b>, said: “Sisram’s growth in 2024 was driven by consistent expansion in international markets, with many of our key markets achieving double-digit growth\u2460<\/sup>, fueled by the launch of our innovative new products that are redefining professional practice and patient care. Looking ahead to 2025, we are confident that our strategic approach, combined with our leadership in the EBD segment, will drive sustained growth and enable us to seize new opportunities for continued success in the years to come”.<\/p>\n\n
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