In the worst news in the hair loss world in a few years, I have been notified that Stemson Therapeutics (US) has been forced to shut down due to funding issues. Over the past decade, this company represented the biggest hope for a real hair loss cure along with RIKEN (Japan) based Dr. Takashi Tsuji (OrganTech).
Stemson Therapeutics Ceases Operations
Below is the e-mail I just got from CEO Geoff Hamilton. It was in response to my e-mail to him yesterday regarding recent issues with layoffs at the company and their website stemsontx DOT com not working.
“Thanks for reaching out. Unfortunately, all is not OK. Due to lack of funding is this historically bad biotech funding market since 2022, Stemson has been forced to cease operations and shut down. I wish it were a different outcome. We were going after the holy grail and the most difficult approach to regenerate hair follicles, but one that could actually be curative.
It requires an enormous amount of investment, and the investment community didn’t have enough enthusiasm for it. Hopefully, someone will pick up where we left off in the future. I wish you all the best and happy holidays.”
And as a side note, Aderans and its hair multiplication procedure are truly cursed. The Japanese company’s hair multiplication subsidiary originally folded in 2013 despite significant promise. Their technology then got reincarnated in March 2024 after a new licensing deal with Stemson Therapeutics. Now they indirectly fold again.
For the time being, we have to look forward to the numerous new products that could be released in the near future that maintain one’s hair and regrow some recently lost hair. Hopefully, Shiseido’s newly released hair multiplication technology will be more effective than finasteride or minoxidil. For now, it is only available in Japan, a country that I inadvertently mentioned three times in this post.
Reversing long-standing baldness remains a pipe dream in the short term.
Can I kindly ask for his e-mail address?
Sorry I can’t, as the last thing he would want is 100 e-mails from angry readers!
Admin this might not be the best spot, but did you ever try to reach out to turn.bio ? They have a hairloss treament (TRN-007) in preclinical trials. It would be cool to know if they are close to starting clinical trials. I’ve been following them for at least 3 years and they have a cellular reprograming tech and would be mighty interested about their updated timeline.
Thank Romulus! Just read your comment (had issues fixing the SSL of this site yesterday).
I mentioned Turn Bio briefly in the below post, but have not checked up on their work recently:
https://www.hairlosscure2020.com/microrna-mirna-and-hair-growth/
Their news page is very interesting, but it seems like their main focus at present is on eyesight and hearing related problems. Hopefully that changes in 2025.
https://www.turn.bio/turn-news#news-intro
Per their pipeline page, the skin rejuvenation (TRN-001) technology will likely enter Phase 1 clinical trials before the hair regrowth (TRN-007) technology. If either proceeds in the first place. I think it is best to wait and see what happens next year before contacting the company.
Fair enough, I actually wanted to thank him for his efforts and to let him know that since 2022 interest rates were so high and due to high borrowing costs start-up fundings were very poor. Now that interest rates are coming down and access to funding would be easier, they are shutting down.
That is a great point. And Veradermics just raised $75 million (my last post). I will ask Geoff to read these comments in a few days, though I do not expect any change in outcome.
Admin, I work in the PWM division of a bulge bracket bank and might be able to make some introductions to potential investors. Please get in touch if this is something of interest.
Thank really appreciate it! Would appreciate if you could update us if he replies!
I must have overseen that one. Holy smokes, that’s a lot of money. They have a couple of dermatological targets, but explicitly say AGA is the first target.
If a Minox-derivative gets that funding, how the hell is Stemson failing to do so? Is it a possibility that their method is not working too well and Hamilton is not convinced of their solution? I cannot rule that out, although their last breakthroughs indicate a full success.
Just a small calculation: there’s approximately 3.500.000 hair transplants being officially done worldwide (including all shady and bad ones). Let’s assume one transplant costs on average 5.000 €, that would amount to 17,5 billion turnover a year.
If the investment in Stemson is an assumed 100.000.000 for all trials, what’s that in comparison? Nothing! This has the potential to replace every transplant easily, as the tech is so much better than a conventional transplant.
I don’t get it. This is nuts.
By the way we love you admin
Man, what a bummer. This truly hits deep, deeper than anything before for me. The countless times I visited their website, eager for news and updates. All for nothing. This is also a big and painful lesson for me personally.
This must be the single one biggest disappointment in the history of hairloss research and development. It also means cloning is dead for decades – no way Tsuji, Hairclone, Fukuda or Epibiotech can manage it, they are all on the verge of becoming a meme at this point.
They must have an amazing treasure of knowledge and experience – maybe somebody picks it up in the future. But unlikely.
I shed a tear.
Young Benjamin keep the faith. Old Yoda (today is my 62nd Birthday boys!) has seem many of these hopes come and go. You can’t get too invested and you can’t loose hope. Take care of your selves, be the best versions of you that you can be in that moment. I believe we are many years away from the “silver bullet” that we’ll get some evolutionary treatments between now and then that are better then what’s currently available.
But what do I know, I’m just some old dude on the internet babbling on. Some perspective, when I first noticed my hair starting to thin some 45 years ago all that was available were pluggy transplants, coal tar shampoo, wigs and snake oil. I’ve managed to keep a decent amount of hair with currently available oral/topical meds, for that I’m grateful.
Have a great birthday Yoda!
Thanks Admin, hopefully better hair news to come in the next year!
Happy Birthday, Yoday.
Thank you meko!
You were unfortunately right Yoda.
Sad day indeed.
Man AGA is vicious. It is so complex to create a hair follicle.
Growing new hair follicles seems like a pipe dream…
I don’t normally comment, but this is really terrible, I am absolutely in denial, I really have not felt more hopeless with androgenic alopecia, it makes no sense that it has been so suddenly the way in which our best bet has vanished, I am not going to contribute anything with this comment, only that I genuinely feel like crying.
Horrible holiday news.
Where do we go from here? Im feeling down for the future of hairloss.
Unfortunately I cant stand fin or dut due to side effects and took comfort in knowing something was being worked on.
I just wanted to thank this community, feel better in a group vs alone.
But these guys raised $2M less than Follica and $7.5 million less than Pelage….?
hard blow. How much money do they need? We should collect it from all the bald people, my 200€..
Man this hurts… I guess the next best thing is Yokohama.
Admin in your opinion who is the next best horse to bet on now? Fukuda or Tsuji?
I still like Tsuji the most.
I also hope that some of the investors are spooked by successful and “simpler” hair growth drugs that might come out in the next few years.
Planning for 10 years ahead in terms of investment returns seems difficult and uncertain, especially for cell based treatments.
I hope you’re right, this has really demotivated me from researching/commenting. But pelage and Amplifica are the remaining treatments that I still have a high regard for, hopefully news next year on Tsuji or Fukuda picks up as it seems highly unlikely Stemson can make a comeback even with a potential investor interested.
This was the news I wish I never read.
As I’m struggling with a nw7 this really gave me hope for the future. I really hope they find an investor and come back to research and produce a cure. I can also hope what was learned at this clinic can be passed to other companies so the cure is still on the raise. As this one is now shut down what other company can I look forward for the cure hopefully in 10 years? I don’t want to get on antidepressants knowing I’m going to be a nw7 forever.
I was not aware of this company. Is there a way that you could connect me with someone there in charge of funding? I can help them secure funding and hopefully avoid a total shut down. This is very promising technology and should not be abandoned!
Hey Chris, there’s so many trolls on the web and I doubt you would be the exception, but I give you the benefit of the doubt.
If you are in a position to make any funding possible, just be aware that Geoff Hamilton said „we need tens of millions“.
Chris you are aware that the investment that Stemson needs are going to be in the 10’s of millions of dollars?
I hope you are serious.
Mr. Admin, please follow up and thanks.
https://www.linkedin.com/in/geoff-hamilton-6902081
LinkedIn profile of the CEO. Hope it helps.
So it’s not happening in my lifetime after all. Big sigh.
It always sucks watching this happen I was really hoping they were on their way finally. Amplifica was a bit disappointing as are most trials but I thought Stemson was different I can’t believe they couldn’t find financing.
Meanwhile don’t forget about Pelage Therapeutics…
Google Ventures led $14 million of series A-1 funding for Pelage Pharmaceuticals in September and a previous round of $16.75M last spring. They’ve began treating all the patients in the Phase 2a trial and enrollment is closed on the clincaltrials.gov site plus they seem to be encouraged by results so far.
I still believe Stemson’s failure may be indicative of the expected successful outcome of other companies… first and foremost Pelage.
Stemson had in theory a solution for bald men. Pelage’s solution is only for a few more hairs.
Man is a topical gel, I myself have hopes that it is a completely new treatment and that it will mark a before and after in medicine against hair loss, since it treats directly the root of the problem, and Chad’s leak that there is growth in just 48 hours that after all seems to be real, is incredible, but it is nothing compared to what Stemson would have given us if he had come forward. A Cure.
Disappointing, but not at all surprising. The writing’s been on the wall since the Aderans deal.
The simple truth is that investors aren’t interested in revolutionary Hail Mary’s like hair cloning. They would rather invest in treatments that are unlikely to fail and can be commercialized rapidly.
Just look at Veradermics. It’s literally oral minoxidil, but we KNOW that it works, and with smart marketing tactics it can make a decent profit. Here, take 75 million dollars.
Similar story over at Pelage. While PP405 could be a potential game changer, it’s more than likely it’ll just be a stronger minoxidil— but because the product is ready to roll out within the next 1-2 years, the investments are there.
I think we all need to accept the bitter reality that for the next 15-30 years, the only two options for severely bald men are shaving or hair systems. Thug it out or Rug it out.
Good comment, however, don’t forget that the AGA market is worth billions annually and therefore any treatment that is better than fin/min will automatically be a blockbuster, so this should be sufficient motivation for VC and biotechs to develop something decent, even if it is in increments.
They should sell to Black Rock and have them continue with their deep pockets.
This is disappointing! How can they not raise funds when they have a solution that is so promising and lucrative? They need to find a way to remain solvent while hiring some folks who are better at securing investments. I don’t care if they have to crowd fund their next two to three years of existence and get on with 3 employees until they can find someone to finance them. They were ready to do trials in 2026 for crying out loud! Hell it ain’t much but tell the CEO I’ll send him a check for 10k tonight! Get a thousand fellow baldies to do that and he’ll have funds to carry him over.
My thoughts are if the hair loss solution/product is effective, companies will be lined up to get involved. I highly doubt this company had anything going for them.
Fundraising companies, like this, can be very profitable as they pay themselves handsomely until the money runs out. Until further notice, this is a form of snake oil.
We should ask help from Elon Musk.
I was about to write this and i read your comment. It is actually a great idea.
It is no secret that Elon Musk has been fighting with AGA since his 20s.
He is an entrepreneur and he would understand the impact of AGA on young men. Obviously he has the means to fund this start up easily.
I am confident that if Mr. Hamilton has a chance to introduce the work of Stemson to Elon, there is a good chance that he would fund them.
As the community we can do something to draw Elon’s attention to this project, that is the least we can do.
Maybe we can determine a time and we can post a certain message on X and tag him (we all need to do it at the same time for him to notice). He is a very active X user and owns it too :) and/or we can ask help from Mr. Kobren who is one of the most influential figures in AGA community (also he dollows this page) to use his platform to reach Elon. We can discuss if there are better options too.
I could make history by saving millions of men.
Hey admin do you know anything about this Germany based bio tech start up? They have their Smart hair transplant at level 3 readiness. From what i read their technology is similar to Tsuji and Stemson.
https://www.tissuse.com/en/services/
Tissuse smart hair transplant project is dead.
I had not heard much about it either, but Eko brought it up for some reason. Maybe he has some new information. Please take that discussion to the Tissuse post (Eko and Jan). That way, we can track it one relevant place in the future.
He has no info, he was only asking, Tissuse project is dead.
I entered the question to the link you mentioned. I don’t have any info, just checked their website and when i see their pipeline projects hair treatment shows as Level 3 readiness. Which is the highest readiness level as per their standards. So just wanted to ask if there is any news regarding to it.
Eko, please read their website and you will understand – that’s what everybody else does too. You can read it yourself or I can do it for you: TissUse are developing „organ-on-a-chip“-arrays.
This complex method tries to imitate a human body via computer chips, electronics and mechanics as close as possible to a real organism and is mainly used for drug testing.
TissUse can replicate almost every organ including the hair follicle. They then test new molecules and medicines on this model. I don’t know if they are doing it at the moment with hair.
They are NOT pursuing hair cloning or any cell-type therapy at the moment.
5 years ago they gave the rights to develop their „Smart Hair Transplants“ to a Japanese company called „J. Hewitt“. It never amounted to anything and there haven’t been any updates for years. It’s safe to assume it’s dead.
I last updated the TissUse post in 2020:
https://www.hairlosscure2020.com/tissuse-smart-hair-transplants-in-japan/
If anyone has any new updates about the company in future, please add there.
As I said before, iPSC technology does not work at the moment. Since the invention of iPSC technology, many clinical trials have been conducted to cure various diseases using iPSC, but in none of them, iPSC failed to cure the diseases and only caused mild to moderate improvements. If I know this, then investors know it through their advisors, so they do not waste their money. You may ask why iPSC does not work? The reason is that in order to regenerate tissue, iPSC must be injected directly into the desired area, but direct injection causes tumors to form. For this reason, scientists have to first create the desired producer cells from iPSC in the laboratory, then isolate the formed tumors in the laboratory and finally inject those cells, which weakens the power of iPSC. I will say one more thing about the rumors about Pelage. Even if in the future we target all the genes involved in baldness with gene therapy, it is impossible that anything will happen after 48 hours and it will take several months for hair to grow back. Don’t listen to the rumors that tell you that pelage makes hair grow after 48 hours and don’t lie to yourself!
What is your hope? Which will be good?
What i don’t understand is why it’s got to be so expensive. Just tell a chinese business guy how to make it and we all buy it and do our own trials… And if it actually works just take it back over from there, you still own the patents/names whatever.
I know I’ve already commented, but allow me to leave a final two cents:
I’ve spent the better part of a year checking this forum daily, anxiously searching for big updates, new breakthroughs, just anything to give me hope.
While I commend admin’s dedication at keeping us all posted, I’m done letting my hair loss consume my life. I’m going to give current treatments another go (got bad sides the first time) and if it doesn’t pan out, it is what it is.
FYI — I had an issue with my SSL certificate not being renewed automatically as promised by my host provider.
So you might have seen a site insecure type of warning for the past day when visiting HLC2020.
Friend of the cause, I bid you all adieu. It’s 100% over for us advanced balding folks.
If Stemson didn’t pan out, holding out for Pelage is a waste of time.
Like JT, appreciate admin’s work on this, but I’m done reading up on all this. Hope everyone here figures out a way to cope with their situation!
Bite me Fester, XOXO Yoda!
A new treatment will soon be placed on the market, but let’s forget about a definitive cure at least for the next 50 years, in any case most of us in 50 years will no longer need a definitive cure, there will be something else deviant there, death.
We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. This is especially true with AI now in my view.
In my opinion stemson just didn’t deliver.
I don’t think it’s a lack of investment money – it’s a lack of knowledge they had. They did something, but they didn’t know what they did. If you need so much time to develop something, your stuff and the knowledge will change over the time. You have to hurry up.
If you don’t have an exact goal, research alone won’t help you to reach an exact outcome.
They should be more honest and should say that they couldn’t find a cure.
That was to be expected because he didn’t do anything but theory. Who gives you money so you can just talk? They obviously didn’t understand how the economy works invested-quickly returned.
You have no reason to be hopeless with this news friends! Months ago, both Fukuda, Stemson and Tsuji broke the news (in a very close period of time) that they had realized that hair cloning was not that simple. Chance? I don’t think so… They knew it but they still kept silent and then they offered the 3, the multiplication and the injection of DP cells, which was simpler. Do you have any news about when the clinical trials are going to start? But what I know now is that this technique is being offered by Shiseido. In my opinion this is not hair cloning but I am sure that injecting those cells from the donor region, if they are added to the follicles of the recipient area and replace them, for those of you who keep some hair, it can be the solution so that it does not You will like it 100% sure. And if you have a depopulated area, you can fill it with a hair transplant and forget about the problem forever. I understand that for those of you who suffer from greater degrees of alopecia you are disappointed… but you already knew for months that hair cloning is very far away today.
Alvaro thank you! It is always great to read your comment! You are super optimistic and maybe this is what this community needs nowadays. You always had high hopes for Shisedo DSC. Is there a reason why you are so sure that this will work 100%. I try to find a source or news about it and try to find comments made by patients who received it but there is nothing out there. It has been almost half a year since this treatment was started to applied to patients. I really think if it was super effective, people would be sharing their experiences online by now. Don’t get me wrong i don’t want to discourage you but thats what it looks like right now. I mean i would be one of the first international patients should they start to offer it to the patients other than Japanese citizens if it is half as effective as you hope….
Not a year and a half. Less than 6 months, and only in Japan. See the June 28, 2024 update in the below post:
https://www.hairlosscure2020.com/shiseido-dsc-hair-multiplication-is-here/
They do not claim it is a cure. But since the research and trials behind this procedure have been going on for over a decade (including Replicel’s work), many of us have high hopes that it is at least somewhat superior to finatesteride and minoxidil.
So Shisheido has created a therapy that works and we haven’t heard about it? I’ve read that they have been offering the treatment in Japan for 6 months. But wouldn’t we have heard about it if this treatment was effective?
I think the same way. Even if only keeps the existing hair and not grow or strengthens it, to me it would be the biggest breakthrough of all time in hair therapies. I really wouldn’t mind going to Japan once or twice a year to get the injections. I guess we should know in the first half of 2025 about its efficacy. Lets see…
It’s already been proved a failure. Did you see the trial result? Very very mild improvement. Why do you have hope in this treatment? Would love to hear your comment.
Sadly, I think it’s going to take a generation or two before we can reliably grow and keep significant amounts of hair. What’s really frustrating is our best hope for moderate regrowth – Follica – seemed poised to release only to collapse into oblivion.
Investors lost interest because it DOES NOT work. if it worked, money would be no issue. I never had much hope. Why? Never seen an image where hair was growing on human scalp from what they are offering! Show me the hair and I will show you the money!
I recall mentioning the challenges posed by the sequential departure of the company’s scientists, which elicited some backlash—particularly from Ben and others who seem anchored in superficial optimism rather than addressing the situation with pragmatic realism. Instead of yielding to discouragement, we could, in collaboration with the blog owner and others, that are either connected to the company or can help with industry visibility, launch a crowdfunding initiative similar to Kickstarter, visible for everyone who sufferes from AGA. This effort would focus on supporting individuals facing non-fatal yet life-altering conditions, such as hair loss or tooth loss—conditions that, while not medically life-threatening, still have a profound impact on quality of life.
It’s worth noting that there are literally hundreds of millions of people in similar situations. If just 1% of them were to contribute $10 each, it would generate enough funds to support two to three companies dedicated to addressing these challenges.If we can achieve visibility and put some effort into this insetad of complaining on the bench we can actually make a difference.
Exactly, this can be done. Its not easy but if we can somehow make our voice heard through the blogs and create transparency crowdfunding would work.
We just need to know if the reason for Stemson to shutdown is due to lack of funding or that the solution has failed and thats why they couldn’t attract funding.
Admin would you be willing to e-mail Mr. Geoff if they would be open to an idea of crowd funding? Again thank you very much for everthing you are doing for us!
I already contacted Geoff again and asked him to check out the comments in this post (and I also pasted several of the useful ones in the email). I also told him about Veradermics and its $75 million fundraising success press release. In case he feels like contacting the same investors mentioned in that article.
To be frank, Stemson was more than 5 years away from even completing trials. Even if their technology comes back via a new company, we are now looking at 10 years away.
For those who have not lost too much hair, we can still remain quite optimistic that several new products will be released in 2025 and 2026 and approved by the FDA.
tbh this Stemson fail does not surprise me. I never understood why we have hope and wait for these freak next generation cloning and stem cells storys which not even have trials in sight and also might cause cancer. We should focus on the companies already in Phase 2 and Phase 3. And there are so many companies in Phase 2 and 3 with different solutions which can be combined.
Admin, I don’t follow this stuff all that closely. More interested in what’s available now (variations of those, compounded, etc.). I read the blog and file away in my overpacked brain, only really care about something that’s near-term on the horizon. You peak my interest when you say ” several new products will be released in 2025 and 2026 and approved by the FDA” as I have little interest in “cosmetic” treatments. Could you do old Yoda a solid and list the treatments you believe will be FDA approved in the next couple years?
Not 100% guaranteed of course… that is why I started that sentence with “we can still remain quite optimistic”.
Breezula and KX-826 (Pyrilutamide) seem like strong candidates. GT20029 a bit later.
Veradermics has decent potential. And hopefully they add the other ingredients mentioned in my post besides oral Minoxidil.
Follicopeptide gel will be launched globally in 2025, and not require FDA approval since it is a cosmetic.
Gotcha, still wait and see mode as usual, thank you. Not only if any will be commercially available, but if they will offer improved results over what’s currently available.
I will even take similar results to fin and min, since different mechanism of action.
Sure Cosmo, Kintor and Veradermics … I would add Technoderma, Dermalique, Hope, Pelage … maybe some devices like Rise technology, Haircell, Stimusil … and maybe also short term Mallia, Aneira, Bioresearchpharma …. actually the list is way longer.
Thanks :-) I was too lazy to check out which ones are in Phase 2. And some are not in the US:
https://www.hairlosscure2020.com/hair-loss-research-around-the-world/
I hope some products get released in foreign countries, without the need for FDA approval. Shiseido is a great start.
Or, Vivek and Elon come through in the US:
https://www.hairlosscure2020.com/faster-and-cheaper-clinical-trials/
Admin what is the difference between Stemsons and Tsuji’s solution?
Hopefully, he can grasp the attention of these investors, I’m sure they would be a lot more interested in Stemson than a powerful minoxidil.
First of all, you have to ask yourself why big companies like Allergan, who were one of Stemson’s investors, are not helping them today? It is clear that stemson’s solution does not work, otherwise they would have come to stemson’s help like before. They have nothing but crap to offer!
Another company that was supposed to treat baldness with stem cells was dnovo, which has not been heard from for some time. Probably they also suffered the fate of Stemson!
I know that the administrator understands me… He says that he is not a scientist but he has a lot of knowledge of the mechanism of alopecia and that is why he is as excited as I am with Shiseido’s technique. In my opinion, all the solutions that attack the pathways of the mechanisms of alopecia, for me are not valid, it is a genetic condition and if you take this solution you should be taking medications for life and do not fool yourself… No medication It’s going to make hair grow where there isn’t any, there’s a reason why hair cloning is being researched…. That’s why I would now tell you readers who keep hair that it is very important that if you don’t do it, you should take dutasteride/finasteride to block DHT as much as possible and preserve as much hair as you can, because the Shiseido technique is not something new and is backed by science… Hairs miniaturized by alopecia have that appearance because DHT It is destroying the cells of the hair follicle, the more cells in the dermal papilla, the greater the thickness and length, so if you replace the lost and also encoded cells genetically and the donor area (immune) you can make those miniaturized hairs grow back and remain for life.
The number of billionaires with hair loss is staggering and many are in the investment world and I’m sure would give a hundred million for a full head of hair. My guess is they don’t know about Stemson. Jeff Bezos comes to mind. Bald as a peanut, worth a quarter trillion and is involved in the bio space via Altos Labs. He also strikes me as being quite vain with meticulous care to his body and image. Solving this funding issue is entirely a matter of introductions.
This hugely disappointing news would be a little easier to take if it was simply a question of money, rather than that the technological approach was clearly doomed to fail. In the former case you would think someone would eventually revive it. Perhaps Elon Musk could do something useful for once: though I won’t hold my breath. But more realistically, you’d think some big multi-national company e.g. L’Oreal, would take this on, given the huge demand for a permanent hair loss cure that does not rely on drugs and covers those of us who have already lost much of their hair. I wonder what became of their work on hair printing (??)
Maybe we can organize a fundraiser for Dr. Tsuji?
Need someone to start, otherwise it would never begin.
Maybe Admin? Or simply someone from US.
The one and only jan miedza! Where is your brother called jan miezda?
He is looking solution for reopeninig growth plates:)
We did a fundraiser in the past for RIKEN + Tsuji. Now Tsuji has a new company called OrganTech. We also did a past fundraiser to send someone to a hair loss conference.
I doubt I will ever do any fundraiser again.
Jan, it is good to see you back after a long time. But please read all the past posts that you might have missed!
Admin, without money we will never have a cure. In my opinion, Stemson didn’t deliver anything that actually works, so investors withdrew their funds. I understand that Tsuji is well funded?
They received a 4.8 M USD funding at the beginning of 2023. They claim that it is enough to get through the clinical trial but I doubt it. I assume clinical trials cost much less in Japan because they have a much easier process compared to FDA. But lets see…
This is terrible news good thing I have my therapist appointment tomorrow. Wow I had hope for this company. I had hope that one day I’ll get my hair back. This is depressing.
Woofy life is much more than hair.
Jan you probably have hair. This is not a big deal. It wasn’t going to come out tomorrow. They will continue this in the future.
Woofy I am completely bald.
I thought about this more today and I’ve come to the conclusion that its not really a big deal. Yes its not the best news but they can literally sell the blue print to another company or get another investment. Not that big of a deal. At least he didn’t say it doesn’t work. Its about money. Someone will continue this.
I hope so.
Not like this was going to come out tomorrow. Finasteride is still working for me. Next game plan would be Dutasteride. I’ve talked to my doctor who will prescribe it to me. And this will not be the last of Stemson’s technology. Tsuji was able to find funding. I’m feel very confident that Stemson will come back in the future. Geoff didn’t fail. This is just temporary.
Hello, a female pattern hair loss here, really hopeful for hair cloning. Without sarcasm, when do you think is the most realistic year hair cloning or stem cell therapy that will enable us to regain a full head of hair become commercially available? Please don’t say sth like in 1000 years or tomorrow, I am a very desperate patient looking for a genuine opinion.
Viktoriya, I am less informed about specific ongoing projects than most here, but I do believe that AI tools will turbo charge pre-clinical development phases (including research and ideation), and will result in focusing efforts on the most likely paths to success. That can only substantially accelerate the existing pace of development. I think there’s a good chance that a successful end result is still some years away, but the chances of projects succeeding will improve significantly. Stay hopeful.
Google’s new quantum computer breakthrough (based on a computer chip called Willow) could drive major advances in areas such as drug discovery:
https://www.nytimes.com/2024/12/09/technology/google-quantum-computing.html
For sure — there’s so much cause for optimism on AI data-processing trained on this area. We just need regulation to keep pace with any acceleration in the science that’ll solve conditions like this, and not (unnecessarily) hold it back.
Thank you very much.
To be honest compared to what others have stated in this comment section, I believe Stemson failed due to the fact they focused too much on far too many piplines rather then focusing on one product and releasing it to the public. Generally speaking the CEO seems to be extremely incompetent as they were making 0 money to really offset any loss.
The sad part is that the technology to potentially find a way to create these HF is still there, but now in limbo due to the failure of Stemson, and more specifically its CEO.
(Also I might be wrong but the CEO basically failed the core principals of microeconomics).
That’s the nail in the coffin. Absolutely no chance for a cure in the next 20-40 years. Time to pack it up and move on.
A comment from Hamilton from another forum:
“I can confirm that we have shut down. It is a very disappointing outcome. I will say that pursuing a truly curative approach to hair loss with a true tissue regeneration therapy is still frontier science. While it offers the promise to be curative and durable, it is a significant challenge to develop such a solution involving living cellular medicines. It requires huge investment and dedication to the mission. There simply was no appetite or dedication in the biotech investment community during this historically bad biotech industry downturn to support Stemson with the major funding we needed to get the solution through the final stage of development and into the first clinical trial. We would love to see this technical approach picked back up in the future, as we firmly believe it will lead to a new breakthrough solution. But now was simply not our time to get the large investment needed.”
Make of it what you want. But if they really had the breakthrough, I don’t understand the restraint from investors. I hope Hamilton makes a Tsuji and comes back with a vengeance.