HairClone Newsletter February 2019
February 21, 2019 /
HairClone of the UK will be winding up its crowdfunding campaign soon.
Paul Kemp, CEO of HairClone, has released the 6th official HairClone newsletter today. The main theme of the newsletter is to allow people a last chance opportunity to own shares in HairClone via its crowdfunding campaign on CapitalCell. The rest of the newsletter is short and succinct with some interesting news coming from the PhD student Summik Limbu who does hair follicle research for HairClone. Here’s the information from the latest HairClone newsletter:
The Business
- The crowdfunding funds will accelerate the development of our treatments.
- Through the equity crowdfunding campaign anyone can own a share of HairClone with the minimum investment of £100.
- Our goal is to raise £300,000 which will be used to launch the world’s first follicle banking service and a cell expansion service that could allow clinicians to provide personalised hair treatment for patients.
- When the campaign ends, Capital Cell will arrange for the share purchase. If we are successful in developing these treatments then all our shareholders will benefit as HairClone’s valuation increases.
- Currently the most successful treatment for hair loss is hair transplantation and patients spent $4.1 billion on hair transplantation in 2016. If we developed a treatment which provided even a fraction of this income then HairClone will become a very valuable Company.
- Capital Cell have an extensive FAQ about crowdfunding on https://capitalcell.co.uk/
faqs/ which we encourage anyone to visit before deciding whether or not to make an investment.
The science
- Our HTA license application has now been submitted and we expect to start the world’s first follicle bank soon.
- We are continuing to work with a licensed cell culture facility in the UK to enable HairClone to offer a Cell Expansion Service to our clinical partners. This should be available in 2019.
- Our PhD student achieved a break-though and identified several genetic differences between balding and non-balding follicle cells which will be extremely useful to us as we develop ways to rebuild and convert miniaturising follicles. Research data will be presented at The World Congress for Hair Research in Barcelona in April 2019.
Perhaps most importantly, HairClone continues to mention that its cultured DP cell injections should be available to practitioners in the UK in 2019. We will keep an eye on their progress.
Posted in HairClone
Wouldn’t that be nice. 2019. Thanks Big Joe
The goal of investment hasn’t reached yet, isn’t it? I can see not even half of the money is raised.
The Crowd Funding must surely be only one source of finance (?).I have pledged some money and urge others to do the same. The minimum is only £100. There is no guarantee of course, but seems to me there is every prospect of a very good return on my capital.
So they’ve only reached just over 31% of their crowdfunding goal so far? I wonder what the consequence of that will be?
I was actually trying to invest just now (on the Capital Cell site), but it’s not clear how to even do it? Like, there’s no button or anything. There’s some talk about that in the comments at the bottom of the page, but it doesn’t seem to go anywhere. ¯\_(ツ)_/¯
You just click “I am interested”
I had try many times to invest but the web page just won’t allow me to do it. The INVEST button is not active, and I had try in different browsers.
sorry but why should we trust? Is there a guarantee that they won’t say we can take our money? please do not expect such things from us. my point of view is changing.
Am not at all sure what you are saying? All you do is register your interest, You don’t part with any money at this stage. CowdFunding works very well in the UK. If this concerned a country in say, west Africa, I’d be worried.
As far as I understand it if you register your “interest” then eventually at the completion of the campaign they will solicit your money. That’s how I did it at least.
Ah, so that’s how it works? Thanks! The Capital Cell website doesn’t make it clear at all. >_<
It was especially confusing given that HairClone's crowdfunding page there states how much they've raised so far in relation to their goal. I assume that means, "raised via Capital Cell", but oh well… I already registered my interest there ages ago anyway, so I guess I'll just wait. 🙂