if there was zero risk (in terms of them having something and "just needing to get through trials now+marketing and distribution"), then they'd have investors. but they dont. because theyre still looking for the right answer and investors hate spending cash on unknown R+D outcomes.... thus they have no investors....
Follica Device Patent
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The whole money thing is really odd. Cots is very successful and well paid, both as a professor and a doctor. The dermatology school at Penn where he works is very well funded. He's a world famous doctor and his input is sought for nearly every hair loss related news story. And he supposedly has access to a treatment better than minox but can't raise less than the amount of money it costs to run most drug trials to release the product? And he tried to solicit money from a random guy he met at a conference? i guess strange things happen, but i'm having a hard time making it add up in my mind.The research is pretty much done. Cotsarelis has been working on the wounding theory for about a decade (or more?). If the money was supposed to go towards marketing, we'd have the treatment ready for use. Since neither of those are valid, then it's gotta be something inbetween; clinical trials.
You could speculate that we just trolled the hell out of Desmon84 and spat out a random number. Or he threw out a high number to get investors to fund him and Follica (and a big paycheck). Whatever the case is, I wouldn't doubt for a second they've got SOMETHING credible but are not releasing it.Comment
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Companies don't like wasting money however, there could be certain factors for example.
i.e the product is only slightly better than Minoxidil but costs 3X as much, the bald community would probably hop on it right away, but stop using it due to value/cost.
plus marketing fees, phase III costs, producing the product.
I mean you bring ANY new hairloss drug to the market it will sell well, but it's possible Follica wants a really good product to release, not just a minoxidil 2.0Comment
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You'll probably need something else to induce follicle neogenesis or reviving existing follicles. I'm almost certain it's FGF-9.This is very very damn good. Not only is it a detailed framework for action, but it says that this is stuff you can pretty much do at home (at least this is what I got out of it).
It does not give us specific results, so this is probably one more weapon among the ones we already have, rather than a full blown cure. But it sounds like it can help a lot if the right regimen is adopted. I can see my self applying Minoxidil and doing Fin once a week in combination with this product.Comment
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i'm wondering what's holding Cots back to set up a small trial where he can try the FGF9 theory. he doesn't need 20mio. dollary for that, probably not even 1mio.
they already have a device to wound the skin (at least a functional prototype, good enough for some proof of concept trials). so why not just set up a trial and if he is lucky he will already notice some growing hairs during that first trial. so why always millions of dollars to test an idea, and 10 years of further research?Comment
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Why does it need to be Cotsarelis? Why not someone else???i'm wondering what's holding Cots back to set up a small trial where he can try the FGF9 theory. he doesn't need 20mio. dollary for that, probably not even 1mio.
they already have a device to wound the skin (at least a functional prototype, good enough for some proof of concept trials). so why not just set up a trial and if he is lucky he will already notice some growing hairs during that first trial. so why always millions of dollars to test an idea, and 10 years of further research?Comment
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