Samumed update 11/19

Stem cell; cell based hair therapy
1

https://www.samumed.com/medium/image/samumed-doses-first-subject-in-phase-23-trial-of-sm04554-for-the-treatment-of-androgenetic-alopecia_503/view.aspx

2

I don’t know if it’s good or bad news?

3

Good news in the sense that , if I read that correctly, they have started phase 2/3 already and expect trial results in late 2020, so at least they are not telling us it will be 5 years away.

Second, it is done in Turkey and probably going to be marketed in Turkey, no FDA involvment means faster availability to the general public.