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Regience Japan
So Regience are in preclinical research
they collaborate with Fujiwara from riken center,Koutaro Yoshimura from tokyo Univ, and with Daisuke Tsuruta , Kouji Sugawara, Katsutoshi Yoshizato from Osaka Univ
"In August 2014, Regience made an agreement for collaboration research with Professor, Daisuke Tsuruta and visiting Professor, Katsutoshi Yoshizato in Department of Dermatology, Osaka City University Graduate School of Medicine, to develop regenerative medicine products for the treatment of alopecia and promotion of hair growth."
This last Katsutoshi Yoshizato is involved in this 2015 study:
Enhanced restoration of in situ-damaged hairs by intradermal transplantation of trichogenous dermal cells.
http://www.ncbi.nlm.nih.gov/pubmed/25689375
"The present study suggests that conditions causing in situ-damaged HFs, such as androgenic alopecia, in which HFs are damaged and miniaturized, can be restored by functional trichogenous dermal cell transplantation therapy"
they tried DSC alone, DP alone, and the combo DP/DSC, the last being the most effective at restoring damage follicle
Remember that as it's in japan, Regience just need a big phase 1 (1/2 years) or 2 little phases 1 and 2, to have the conditionnal approval and start making some money
So they could be in real competition with Sisheido in term of timeline, and even if Sisheido comes first, Regience could proposed then an even better protocol or another approach with a combo DP/DSC, or any other things that could enhanced the treatment from the work of Fujiwara, Yoshimura, Yoshizato,etc
the team of researchers they are collaborating to built a protocol treatment, are an all stars team regarding dermatology and hair follicle lol they will come out with somehting powerful for sure, let's just hope it will be ready ASAP and that soon we hear about a trial
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