Shares in OBJ Limited
(ASX:OBJ) have risen more than 15 per cent in morning trade after announcing the wider roll-out of its technology.
OBJ says the results of the SK-II Eye Wand market launch across key Asian markets have been excellent and exceeded P&G expectations.
OBJ has advised this response to this first OBJ product has now resulted in a further expansion of the current relationship with SK-II and P&G.
Prestige skincare brand SK-II released the first magnetic micro-array 'wand' to the public in October last year which was made possible through OBJ’s technology.
OBJ reported a net loss of $809,000 in the first half of the 2015 financial year.
