Good News -- I just called Aderans Research Institute in Atlanta

[Westonci]

A user by the name of Roger_that on the forum Hairsite contacted Aderans and here is the reponse.

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I just called them this morning, and spoke with someone in their Regulatory Affairs department. I asked him a number of questions and he was kind enough to answer.

I asked him if Aderans Research Institute (ARI) was being liquidated, and he said "no, we are definitely not being liquidated." He said ARI continues to exist and their work continues.

He said enrollment for the clinical trails has closed, and now the results and data are being evaluated. He could not give me any numbers. He said "the results are encouraging", but, "that's all I can say".

He said the acquisition of Hair Club for Men and Women was a totally separate business decision by the parent company, Aderans USA (and Aderans of Japan), and, to his knowledge, it has nothing to do with Aderans Research Institute or Ji Gami. He said ARI doesn't get involved in those decisions.

He said yes, they are selling off some of their lab equipment (not all of it), but specifically said it does not mean the company (Aderans Research Institute) is closing or that Ji Gami has failed.