He's definitely a smart guy. It is hard to predict the future especially with biotech, a relatively new sector of the economy with so few commercial successes so far. I think it is merely playing it safe to suggest that there will be few successes in the immediate near future. It is easy to bet against a few small biotech startups still in the clinical trials stage. Odds are probably not in favour of commercial successes happening within the next two years. Much safer to suggest we won't see an effective treatment for hair loss until the early to mid 2020s.
Therefore I will go out on a limb and predict that a less than perfect but commercially viable treatment(better than min and-or finasteride) will at least be known about and publicised by early to mid 2018 and eventually offered to the public sometime in 2019 if not sooner. And I predict it will be Follica leading the way. It will be important for a company like Follica to enter the market first to establish customer trust, loyalty, "the brand" and so on. Newer technologies will have to be significantly better and cost effective compared to Follica's "RAIN" in order to shelve RAIN as an inferior method for restoring hair. If Follica goes unchallenged for years as a treatment for hair loss, Follica will be taking something important from other companies stalled at the gate. If Follica is more cost effective than the other guys, then it'll be adios to the more expensive "betamax" hair technology and hello VHS time for Follica.
Therefore I will go out on a limb and predict that a less than perfect but commercially viable treatment(better than min and-or finasteride) will at least be known about and publicised by early to mid 2018 and eventually offered to the public sometime in 2019 if not sooner. And I predict it will be Follica leading the way. It will be important for a company like Follica to enter the market first to establish customer trust, loyalty, "the brand" and so on. Newer technologies will have to be significantly better and cost effective compared to Follica's "RAIN" in order to shelve RAIN as an inferior method for restoring hair. If Follica goes unchallenged for years as a treatment for hair loss, Follica will be taking something important from other companies stalled at the gate. If Follica is more cost effective than the other guys, then it'll be adios to the more expensive "betamax" hair technology and hello VHS time for Follica.
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