In the meantime, most of the laid-off employees are continuing to work without receiving pay, at least not right away.
Histogen Update - Spencer Kobren Speaks With Dr. Craig L. Ziering
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Histogen, a San Diego company that revealed promising trial with a hair regrowth product last week, is about $1 million in debt and is staying afloat on the credit cards and cash of Chief Executive Gail Naughton.
Jan. 29, the day before the company was to close a $2.4 million funding round, investors pulled out, Naughton said. As a result, Histogen was forced to lay off all of its 36 employees until it could secure new investors, she said.
In the meantime, most of the laid-off employees are continuing to work without receiving pay, at least not right away.
“Basically we have 19 to 20 people working as if nothing happened because they believe in the product and the company. They don't want to shut down the experiments they are running,” Naughton said yesterday. “Obviously they cannot do this a long time. It's a short-term situation.”
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2020 release? They are well into clinical trials, with incredible results. I highly doubt it will take 8 years for this to be released.
2014 Asia, 2015 US. I'm still confident in this timeline.Leave a comment:
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ya just like their last timeline.....
these guys wont have anything anywhere until 2020Leave a comment:
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that would be awesome. More injections means more time consuming procedure = more expensive. I dont care about the pain of multiple inhections toughtLeave a comment:
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I thought I remember reading somewhere that they were also developing a device for the treatment. I don't remember where, I'll see if I can find it. But nonetheless for me the number of injections is the last thing I'm worried aboutLeave a comment:
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MY ONE AND ONLY PROBLEM WITH HISTOGEN -- the number of injections.... please keep it low...
wow I didn't need to see that....Leave a comment:
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Or they might advance they findings, up the dosing take away a little of this add a drop a that and viuala , MAGIC....all u need is is one injection..on a flip note, how would you feel if you rushed over to Asia and get 1000 injections for mediocre uneven results looking like mange, then when it reaches the states and all you need was 4 for a perfect NW0?Leave a comment:
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Exactly. Labour intensive but not moreso than HT already is. Like the mapping out idea.Leave a comment:
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If your treatment results in the agonizing death of 1 out of every 100 patients (maybe they have some rare, recessive gene, for instance), then a 50 person phase 1 trial isn't necessarily going to catch that. A 3000 person phase 3 trial, on the other hand, might. There is actually a reason for the way things are done. I agree it's frustrating, but personally I don't plan on rushing off to Asia the instant this is available.Leave a comment:
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