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11-28-2011 04:50 AM
#1311
Originally Posted by RichardDawkins
Exactly, and if i recall it right, the law suit was about skin care products and not HSC
No, it was about the method of using microcarrier beads to grow cells in suspension, which Histogen uses both for HSC and the skin care products.
Histogen has already secured funding from investors for the phase I/II clinical trial of HSC. I believe it was 10 or 15 million USD. They released that info on their website quite a while back.
$10M it was, but that's relative chump change compared for what they will need to progress it to Phase III. Not to mention the delays caused by Histogen's time spent dealing with it. We really need this lawsuit dead and buried.
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11-28-2011 06:15 AM
#1312
Is there anything we can do to be proactive in this situation? Or is it more of a sit on the sidelines type of thing?
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11-28-2011 07:34 AM
#1313
No, what we need is the promised Histogen follow up interview for clarification
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11-28-2011 07:59 AM
#1314
Originally Posted by Pate
$10M it was, but that's relative chump change compared for what they will need to progress it to Phase III. Not to mention the delays caused by Histogen's time spent dealing with it. We really need this lawsuit dead and buried.
Of course, but the tiny detail you seem to be skipping over is that they're not at phase III. If they can prove that the results from their safety trial can be effectively repeated, and perhaps even strengthen those results, then they will have no problem attracting investors for phase III when the time comes.
As far as the lawsuit goes Histogen seems to be winning every step of the way. There's no reason to be alarmed over a potential appeal at the moment.
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11-29-2011 03:05 AM
#1315
Actually I think Phase 1 is about safety and Phase 2 is about efficiancy?
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11-29-2011 03:30 AM
#1316
Originally Posted by Kiwi
Actually I think Phase 1 is about safety and Phase 2 is about efficiancy?
Histogen's current trial with H.S.C. is a combined phase I/II.
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11-29-2011 04:45 AM
#1317
Originally Posted by Jundam
Of course, but the tiny detail you seem to be skipping over is that they're not at phase III. If they can prove that the results from their safety trial can be effectively repeated, and perhaps even strengthen those results, then they will have no problem attracting investors for phase III when the time comes.
Sure, unless they're still under threat of losing their patent. Investors hate uncertainty more than anything, and an unresolved lawsuit is one of the worst. So let's hope this one stays resolved.
I personally think this has already pushed Histogen back months, perhaps as much as a year. It also very nearly pushed the company into bankruptcy. Sure they managed to raise the $10M but we don't know what concessions they had to make to secure it - they could have had to offer sweeter terms than they would otherwise have needed.
As far as the lawsuit goes Histogen seems to be winning every step of the way. There's no reason to be alarmed over a potential appeal at the moment.
I hope you're right. But in my experience it often doesn't matter if the plaintiff doesn't have a case, they will just drag it out as long as possible to try and force the company into a settlement.
Anyway assuming there's no appeal, what Histogen need to do right now is pick up the phone and CALL SPENCER!
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11-29-2011 05:10 AM
#1318
Thats only one thing they have to do, they should not only call Spencer, they should go the smart way and involve the hair loss community in theri process.
This would give Histogen another Protection Shield for possible problems. Its esential, so they should pull their heads out of their asses and work with the community or independent Blogs
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12-03-2011 02:59 PM
#1319
Histogen certainly has a habit of closing off all communication with the public, it seems.
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12-03-2011 03:26 PM
#1320
Originally Posted by HairTalk
Histogen certainly has a habit of closing off all communication with the public, it seems.
Rubbish.
This reminds me of petulant children on a long drive asking their parents "are we there yet - are we there yet" every 5 minutes.
I'm sure when there is new news they will tell us. I personally don't want them wasting their precious time answering and re answering and then re answering again all our desperate questions on this forum - I want them to be stress free at their offices solving the hair loss problem for us!!!
...and then when they do it... then for them to say "guys here it is - sorry it took so long... but you try and make a ****ing solution for baldness" :P
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