Help Starting own Hairloss Company?/Who Supplies Dr Lee?

[blobert]

Hi there,

I'm a fan of Dr. Lee's products (in particular his low PPG Minoxidil). I've been giving some thought recently to setting up a similar service to his here in Europe (complete with doctor to advise and provide prescriptions) and am trying to do a little research into the feasibility of such a venture.

I'd love to be able to find out where Lee gets his products compounded and how much it cost him to do so. I'm sure there's a big markup involved along the way, but it would be interesting to see how much this is. Any information anyone might have to do with this would be much appreciated.

Lee seems to be the only person selling low PPG minoxidil (someone said they sell it on the Genhair.com website but I can't find it). I think there's a big market for this as it's far superior to Rogaine, I can't believe that there aren't more people making it.

On Lee's site he says that the ingredients of his minoxidil are:

65 mL. 5% minoxidil (50 mg minoxidil / mL) in a liquid base of 50% alcohol, 30%
propylene glycol, and 20% water

Surely this would be very straightforward to copy, or am I missing out on something? According to Lee it's not so simple:

"For many physical and chemical reasons, compounding a 5% minoxidil solution was more complicated than anticipated. It took many months of experimentation and a lengthy collaboration with a University of California at Berkeley-affiliated pharmacologist to produce a stable, non-oxidizing, non-greasy-feeling 5% minoxidil lotion that would remain in a stable solution form."

Do you guys think it would be straightforward to find someone to cheaply compound a similar formula to Lee's minoxidil. I have no idea where to go about finding somewhere that does this, and something tells me if I write to Lee or Genhair.com they will not be too forthcoming about their suppliers and prices. I'd imagine Lee's supplier probably wouldn’t be willing to supply the same products to a competitor either. There must be places that would compound and supply me with bulk amount of these products, like I said I don't know where to look.

Finally, do you guys have any ideas what Lee's biggest selling products are? It seems as though Xandrox 15% is a big seller (I'm not sure if that would be as easy to replicate) perhaps spironolactone too? While personally I'd be inclined to use only his standard minoxidil (the other products seem to be considerably more expensive without proper evidence supporting them), I'm sure there is a sizable market for the latest thing (15% minoxidil etc)

Anyway, any thoughts or ideas to do with my plans would be much appreciated. Ideally I could order supplies from the same people that supply Lee/Genhair but failing this any ideas of who to contact about compounding would be much appreciated.

I'll be sure to give you all sizable discounts if/when the business is up and running

Many Thanks,
Robert

 

[Justlooking]

First rule I learned in business school: Never start a business unless you have a competitive advantage. In this case, you do not.

 

[Radio]

First rule I learned in business school: Never start a business unless you have a competitive advantage. In this case, you do not.

A European venture may cut out some expensive shipping costs, I certainly would more likely buy a product distributed in Europe over a US based product (I am in the United States of Britain). There would also be exemption form import duty within the EU. And if he could throw in a p**rn mag I would think the market would be secure.

 

[GourmetStyleWellness]

This is a duplicate thread. Please do not post copies of threads throughout the forum. Thanks for your understanding!

gourmetstylewellness.com

 

[blobert]

Sorry, I wanted this post to be in the other section as it is far more popular.

Does anyone else have any advise?

 

[blobert]

Thanks guys,

Any more advice or info would be much appreciated....

Do you suppose Dr.Lee makes his own products or has a pharmacy do so for him?

 

[global]

First of all even if you knew Dr. Lees compounder it wouldnt be any use to you because by the time you added on shipping costs to get it sent to you from the States, paid taxes etc and then reshipped to your customers it would be too expensive.

You should look for a lab or a chemists to compound it for you in Europe, shouldn't be too difficult, (I'm assuming you have some knowledge/experience of the pharmaceutical industry to be considering this venture & understand the legalimplications of selling medicines etc.)

Or better yet experiment with the process, buy raw minoxidil powder from a chemical supply company & make it yourself.

I believe Dr. Lee is telling the truth when he says its not so easy to make a 5% minoxidil. I once asked a pharmacist to make me up a batch and he said the maximum he could get was 4.5% and he wasnt sure how they got a 5% solution.


By the way Genhair do make low PPG minoxidil, its not explicitly advertised as such but all their minoxidil is formulated with just 10% PPG which you can see if you look at the ingredients -

Genhair minoxidil

 

[Weepy]

I believe Dr. Lee is telling the truth when he says its not so easy to make a 5% minoxidil. I once asked a pharmacist to make me up a batch and he said the maximum he could get was 4.5% and he wasnt sure how they got a 5% solution.

I wouldn't be surprised if they were simply rounding up. You seem to see that a lot in this industry.

 

[Justlooking]

I believe Dr. Lee is telling the truth when he says its not so easy to make a 5% minoxidil. I once asked a pharmacist to make me up a batch and he said the maximum he could get was 4.5% and he wasnt sure how they got a 5% solution.

I wouldn't be surprised if they were simply rounding up. You seem to see that a lot in this industry.

As in "evidence of Substantial(rounded up from "No") regrowth by using xxx product." :lol: