My work schedule is only slightly less then that of an investment banker. It just so happens that all of our teams are working 100% remote and I have my personal PC running beside my work setup.
Stemson is going to use minipigs in the next stage of their hair cloning research
- Thread starter werefckd
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My buddies doing 9am-2am on a daily lol !
Yeah I don't usually go past midnight lol but I also get paid less.
One thing that I found very important in that small presentation was that Fortunis plans to exit prior to commercialization and allow "the Abbvie's of the world" bring the product to market. Unlike whatever Tsuji is doing, this is the proper way to structure the development of this type of product. Hopefully they have that structured out well in advance so it doesn't cause delays.
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I've heard that their goal is 2027... and now expect some delays... 2030 min. for this.
Maybe even 2035 for a realist. Lol
This means they know they don't have the money to help Stemson commercialize right?
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stop repeating that in 15-30 years it will be launched, etc. If you thought so, it wouldn't be like it is now, literally all the time online in this forum. you carry 900 messages in a month, I know your problem is different from the rest but do yourself a favor and go out for a while and relax.
That's unfortunate, if anything I'd hope at least the success in pigs part is true since if it is, it'd most likely be just a matter of time and money.
No, without doing any research at all it probably just means they see their value proposition as being centered around early stage investments rather then late stage. They invest the seed or series A financing (usually low to mid 8 figures) and then when the value of the company is more defined and several multiples higher they sell their stake.
Basically they are the money men, not the strategic partner and they know this. When it comes to biotech this is probably a good thing. Do you want a group of rich guys overseeing this or one of the biggest biotech companies in the world?
He's not just pulling things out of his ***, though. They are talking about turning blank cells into hair follicles. Clearly if that were successful at that they would be able to regenerate unlimited follicles.
What I found more interesting was that he said "without transplantation". I thought this was going to be a similar procedure to a transplant but it sounds like its an injection or prp type procedure now?
But wouldn't it make more sense to keep their stake through commercialization since that's when the money comes?
I think by "without transplantation" he only means that hairs don't have to be taken from the donor area. From everything we know, it will be an implantation of cloned hair follicles similar to how follicles are inserted in a traditional hair transplant operation, and not an injection, though perhaps much less invasive.
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Could be, but that might not be the investment style of the VC firm. They might prefer quicker exits and just flipping the ownership share while the company value is still estimated rather then realized but has still significant increased.
You also need to consider that the product can still make it to market and fail financially or just flat out fail to be safe. A competitor could come to market with a better solution, the market usage could be less then predicted because the process is invasive, etc.
How significant do you think it is that Stemson is already in the talks or has partnerships with surgeons representing the doctors who would potentially carry out the treatment?
I feel like it is a good sign that they're confident and that third parties have confidence in them as they're already beginning to build an infrastructure for for commercialization, but I have no idea as to the actual significance of it or whether it's just for show to increase the value of their company.
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this is just a little anecdote from personal experience, but for what it's worth: i was examined by so-cal doctor specializing in hair restoration last year, guy who far as i can tell is highly respected... i asked during our consultation about future treatments, and he alluded to stemson, said he's partnered to some degree and is excited about their future... in terms of timeline, he gave me the ole "5 years," which no one likes to hear at this point... i'll probably have to see him again at some point, i will ask again, who knows, being a so-cal guy (and not being short on money tbh), maybe i even get some early sneak peak or even participation in stemson, but of course i don't want to get ahead of myself, for all i know stemson is doomed to fail, but i sure hope it's just the opposite
Stemson's CEO has stated it near the end of the video here:
That's somewhat encouraging news, thanks for sharing.
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no problem, it's not much, i assume other people here have stories like that from their consultations, maybe i'm in unique position being in los angeles, idk... i'm still in my 20s until the very end of 2024, certainly not crossing my fingers that these innovations will be available by then, but it's not totally inconceivable... i'd just like to get a legit positive update from this guy at some consultation in the next few years, i guess that's good enough
I think we're more or less the same age though I haven't gone in for any consultation yet. I'm waiting for more definitive news on a cure before I expend my donor supply on my hairline.
The fact that the surgeon you went to told you about Stemson and gave you a timeline of "in five years" may imply that he's optimistic about Stemson as, unless I may have missed something, he's essentially telling you to hold off on a transplant for now? Either that or your hair is still holding up well for now and he gave you responsible advice.
For what it's worth, I highly doubt the timeline of 2025 for Stemson to commercialize but I am somewhat confident in their team and method and have a (in my opinion) fairly reasonable expectation for a widely available cure (for those who are willing to spend at least $100k on it) some time around 2030 assuming things don't go horribly.
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yeah he advised to hold off, i wasn't even going in expecting to book a transplant i guess, just wanted more info