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Follica has raised money to begin a human trial of its hair cloning technology. According to the company’s website, the company has obtained “an exclusive, worldwide license from the University of Pennsylvania to develop and commercialise a breakthrough technology that has been demonstrated to stimulate the genesis and development of new follicles.” It is announced it had completed a $5.5 million Series A financing round.
Follica has raised money to begin a human trial of its hair cloning technology. According to the company’s website, the company has obtained “an exclusive, worldwide license from the University of Pennsylvania to develop and commercialise a breakthrough technology that has been demonstrated to stimulate the genesis and development of new follicles.” It is announced it had completed a $5.5 million Series A financing round.