Here's my rant on Follica;
Approval shouldn't take 3 times as long as the trial itself, thats ridiculous.... Aderans projected a 1 year turnaround for their phase 3 trial.
I just don't get it, it boggles the ****ing mind;
Follica has ONE phase trial left before commercialization which would effectively allow itself to completely DOMINATE the market until a cure comes along which isnt happening for the next 8 years. This would gives them 8 years of raking in tens or hundreds of millions of dollars and the only thing holding them back is a measly 2 million dollars?
Something is wrong with that. One of the following must be true;
- Dr. Cotsarelis trolled the hell out of Desmond and lied (for corporate reasons)
- Follica is incredibly incompetent with securing funds
- like some of you had said their procedure doesnt work as well as we'd think and no one is willing to invest....
But if no one is willing to invest, why the hell did they claim last year they're able to create NEW follicles from wounding? Wouldn't multiple passes of Follica's treatment ultimately get you cured? That would be enough to have investers look at their progress and say 'oh wow, you've effectively created a treatment that is far superior to anything out on the market today which garners billions of dollars for treatments that DONT work'. Can any of you imagine what the revenue would be for baldness if we had treatments that DID work? The figures would skyrocket... so why the hell would anyone pass up on the opportunity to put only 2 million dollars to have the next 8+ years be completely loaded with profits and basically a monopoly on the market? Even if a cure DID come out, wounding would still be a viable option to those that couldn't afford or didnt need a full out treatment of individual follicles being lab grown and implanted.
Dr. Cotsarelis is definitely NOT telling us the whole story, that is guaranteed. If anyone believes he'd give anything but a corporate answer, you're dead wrong. Follica owns him and the wounding method, he's NOT going to reveal details.
None of this makes any sense to me at all. SOMEONE is pulling our leg here.
Where are these treatments taking place??