NEXGEL to Participate in the 6th Annual CEO Networking Event Hosted by Semco Capital on June 2nd
NEXGEL CEO Participation: Adam Levy, CEO of NEXGEL, will participate in the 6th Annual CEO Networking Event hosted by Semco Capital in Chicago on June 2, 2025, where he will engage in a fireside chat with Scott Weis.
Company Overview: NEXGEL, based in Langhorne, Pa., specializes in high-water-content hydrogels for healthcare and consumer products, and has established strategic partnerships with leading consumer healthcare companies.
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New Appointment: A new Chief Financial Officer has been appointed at NEXGEL, a company focused on innovative gel technologies.
Leadership Impact: The appointment is expected to enhance the company's financial strategies and overall growth trajectory.
Company Background: NEXGEL specializes in developing advanced gel products for various applications, including healthcare and consumer markets.
Future Prospects: The new CFO's experience is anticipated to drive financial performance and support the company's expansion plans.

- Revenue Expectations: Nexgelin's deal is anticipated to triple its annual revenue to $35 million.
- Profitability Outlook: The company is expected to become profitable upon closing the deal.

Announcement of Consideration: Nexgel has announced its consideration of terms for an agreement to license and acquire a portfolio of commercial-stage regenerative biomaterial products.
Focus on Regenerative Biomaterials: The agreement aims to enhance Nexgel's offerings in the field of regenerative biomaterials, which are used in various medical and commercial applications.

Funding Expectations: NEXGEL anticipates closing an additional financing round of $14.9 million in the first quarter or early second quarter of 2026.
Financial Strategy: The company is actively seeking to secure funds to support its growth and operational needs.






