Its a protein where they took the most efficient peptide that they discovered by accident when doing other research that stimulates the hair sack.
Follicum starts to be a big thing in Sweden now even if the market haven't spotted this company yet, only a few very interesting big investors. Their research is highly interesting in many areas.
http://aktieraketer.se/2016/09/02/follicum/
You guys are missing a lot of interesting angles here as well:
1: The trial was made on the legs with very slow growing hair
2: The trials were not doze optimized with injections that docent reach the hair sack efficiently enough
3: This peptide is showing enormous hair growth on rats
4: The percentage of people responding is nearly twice as high already as minoxidil
5: According to the latest presentation I heard a professor in the audience express his amazement.
I do really think that this is a very hot discovery and that Follicum has a exceptional competent team. Look at the experts they have in their panel and they hade chosen one of the best Universities in Europe for their trials.
http://follicum.se/en/about/scientific-advisory-board/