Seems like it is...andrei_eremenko said:Histogen Announces Completion of Series A Financing
SAN DIEGO, December 1, 2010 - Histogen, Inc., a regenerative medicine company developing solutions based on the products of newborn cells grown under embryonic conditions, today announced the successful completion of its Series A financing at $10 million. Among other private investors, Secure Medical, Leonard Lavin, Lordship Ventures and Angus Mitchell brought the round to a close.
With its pilot clinical trial for hair regrowth completed, a skincare line launched, and exciting preclinical data in applications including oncology, Histogen has added significant value which was recognized by the Company's new and existing shareholders. In addition, Histogen has recently moved into a new facility that will allow for up-scaled manufacturing for its upcoming clinical trials, and later commercial production.
"With the Series A completed, we are excited to build on the momentum Histogen has created over the past two years, and further advance the Company's rich product portfolio," said Gail K. Naughton, Ph.D., CEO and Chairman of the Board for Histogen. "We have made significant strides in several important research areas, advanced partnership discussions, and are on track to reach key value inflection points in 2011."
This successful completion follows the announcement of initial Series A financing in May 2008. Simultaneously, Histogen opens its Series B financing, which has been approved up to $23 million. The Series B was opened by Angus Mitchell, and Histogen has already received further commitments toward that round.
The Company is scheduled to begin a Phase I/II clinical trial of its Hair Stimulating Complex (HSC) in Singapore in Spring 2011, and hopes to also begin a clinical study of its soluble human extracellular matrix (hECM) for the treatment of carcinomatosis, a rapidly progressing and debilitating cancer, mid-year.
tonyj said:Hmmm, It's been available in the U.S. since 2009. Dermaheal is a little cheaper at Amazon.com and Regrowth has a 15% discount coupon for the Dermaheal product. Since I have free shipping with Amazon, I might go for the shampoo.
In a previous study, we recently claimed that dihydrotestoster-
one (DHT)-inducible dickkopf-1 (DKK-1) expression is one of
the key factors involved in androgen-potentiated balding. We
also demonstrated that L-ascorbic acid 2-phosphate (Asc 2-P)
represses DHT-induced DKK-1 expression in cultured dermal
papilla cells (DPCs). Here, we investigated whether or not
L-threonate could attenuate DHT-induced DKK-1 expression.
We observed via RT-PCR analysis and enzyme-linked im-
munosorbent assay that DHT-induced DKK-1 expression was
attenuated in the presence of L-threonate. We also found that
DHT-induced activation of DKK-1 promoter activity was sig-
nificantly repressed by L-threonate. Moreover, a co-culture sys-
tem featuring outer root sheath (ORS) keratinocytes and DPCs
showed that DHT inhibited the growth of ORS cells, which
was then significantly reversed by L-threonate. Collectively,
these results indicate that L-threonate inhibited DKK-1 ex-
pression in DPCs and therefore is a good treatment for the pre-
vention of androgen-driven balding. [BMB reports 2010; 43
(10): 688-692]
Shma said:After so many disappointing treatment developments in the last few years, I can safely say: Forget about histogen. Remember Intercytex? Remember Follica?
Don't you notice it's the same progress? Posting something about "70-85% increase in hair thickness bla". Then they raise some fundings, then they delay phase 2 99x times, and after a few years they will be forgotten.
One other thing: All those 3 companies FAILED to show us one single promising before/after picture. Those micro-diameters pictures of histogen are CRAP.
dudemon said:I, like everyone else, hopes to God that Histogen works. But I'm not counting on it due to the fact that so many before them have already failed.