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LONDON, April 5, 2016 /PRNewswire/
Thorn Medical PLC ("Thorn" or the "Company"), the international healthcare group, today announces the launch of a joint venture company, "Tricogeneca Limited", with IK Clinics Founder and Director Dr Irum Khan, which will provide stem cell treatments for baldness. Capitalising on Thorn Medical's recently acquired Stem Cell Therapy and Research licence in the Bahamas, the company plans to establish its first Tricogeneca Hair Loss treatment centre in the Bahamas, with further centres being established globally.
Jack Kaye, Thorn Medical's CEO said: "We are delighted to establish this joint venture with Dr Khan. She has had great success in using Stem Cells for hair regrowth and we are keen to further promote this amazing breakthrough to make it available internationally, whilst carrying out further on-going development."
Dr Khan said: "Our initial focus has been on treating men, where we've had a 100% success rate and we're now refining our techniques for curing Alopecia in women, which, although still at an early stage, has so far shown similar success."
Dr Khan adds: "In addition to allowing us to provide cures for baldness on a commercial scale using Thorn Medical's Stem Cell licence and treatment facility in the Bahamas, our joint venture will give us access to their state of the art development facility to extend our Stem Cell work in Regenerative Medicine to include inflammatory and autoimmune skin diseases.
Dr Mahmood Bashir, who heads up Thorn Medical's Stem Cell development and treatment efforts, said: "Although current techniques are still in their infancy, with only 10% of the new hair follicles cultured remaining alive, we can culture sufficient quantities in the lab to provide a complete cure for male pattern baldness."
As Mr Kaye sums it up: "With our recent Stem Cell licence in the Bahamas and this new venture, male pattern baldness will soon be a thing of the past!"
Source:
http://www.prnewswire.co.uk/news-re...de-stem-cell-cure-for-baldness-574585671.html
Thorn Medical's Website:
http://www.thornmedical.com/