IDP.L Regulatory News (IDP)

InnovaDerma PLC

 ("InnovaDerma", the "Company" or the "Group")

InnovaDerma enters American Market and establishes US subsidiary

InnovaDerma (LSE: IDP), a UK developer of 'at-home' and clinically proven treatments for hair loss, hair care, self-tanning and skin rejuvenation, is pleased to announce it has successfully entered the American market and secured retail and e-tailer distribution deals for Skinny Tan, a premium self-tanner brand that combines a natural tanning active, to tan and reduce the visible appearance of cellulite. Skinny Tan was named Best New Product Introduction at Skin Care & Bath ECRM in the United States in June 2016.

To support its growth plans in the United States, the Company has established Innova Science, Inc., a wholly-owned subsidiary of the Group, and appointed Joseph Panetta as Executive Vice President and President of Skincare to lead its American business.

Retail and e-tailer distribution deals

GNC Holdings, Inc. ("GNC")

The Company began marketing trials in the United States for Skinny Tan in the spring of 2016 and, as result of their success, the Company has secured a retail distribution deal with GNC, a leading global speciality retailer of health and wellness products listed on the New York Stock Exchange. Skinny Tan will be initially rolled out to 655 of GNC's 6,000 stores nationwide.

e-tailers

InnovaDerma has secured the distribution of Skinny Tan with the following e-tailers:

· Quidsi, Inc. ("Quidsi"), a subsidiary of Amazon.com, Inc. Skinny Tan can be purchased on Soap.com, a retail site owned by Quidsi, its parent company.

· Jet.com, a subsidiary of Wal-Mart Stores, Inc.

Joseph Panetta

Joseph Panetta has 25 years of experience in brand strategy and marketing and was formerly President of Left of Center Consulting, a brand strategy and communications company, and Vice President Corporate Communications, Brand Relations of Swatch Group UK Ltd and the Swatch Group US, Inc.

Haris Chaudhry, Executive Chairman said:

"Our entry into the American market is a milestone as this territory represents significant potential for future growth and proves our ability to enter new and complex geographies. Joseph brings with him extensive brand and marketing experience and has been working with InnovaDerma since the launch of Skinny Tan earlier this year. We welcome Joseph and look forward to working with him to grow the business and build further momentum in the United States."

Joseph Panetta, Executive Vice President and President of Skincare said:

"I am delighted to join InnovaDerma at an exciting stage of the Company's growth. The distribution agreements with these blue-chip organizations are a testament to InnovaDerma and the quality of its products and I look forward to developing the business and further penetrating the American market."

Further enquiries:

About InnovaDerma:

InnovaDerma PLC (LSE: IDP) specializes in the research, manufacture and marketing of clinically proven products in hair loss, anti-ageing and beauty sectors. InnovaDerma has presence in the United Kingdom, United States, Australia, New Zealand, Philippines, South Africa, Hong Kong and South Korea.

www.innovaderma.com