IT IMAGINES THEN THAT YOU NEED 4 YEARS TO PERMIT THIS TOGETHER DRUG THE FDA? E IMAGINES THEN THAT, IN 4 YEARS INTERCYTEX… ADERANS… PHOENEXBIO… ACELL OR ANOTHER COMPANY IT COMES WITH SOME LAUNCHING ON THE CURE OF THE CALVICIE? E I AM SAYING (4) YEARS… WHAT PROFIT FOLLICA WOULD HAVE? LAUNCHING A PRODUCT THAT OTHERS OFFER ALREADY IT?
debris, you have no idea what you’re talking about. Read this line carefully:
“Follica is NOT creating a drug!”
As of intellectual property, Their patent is for a PROCEDURE not for any drug. The only way they can secure their IP is by not letting dermatalogists do it without giving them some money. And if the dermatalogists (or anyone for that matter) tries to PROFIT off of Follica’s procedure then they’ll face legal consequences. However, If people want, they are free to do it at home.
The whole idea with patents is to share knowledge and make sure that the inventor gets credit (money) for it. Just because few people on these boards are desparate enough to try this procedure even before the official trial. Doesn’t mean that all 50 million men or so would do the same, I’m quite sure that Follcia is well aware of this fact.
From past several days you’re constantly making senselss posts without having any idea about what Follica procedure is and any understanding of the IP system. Are you just trying to get some attention or what?
» IT IMAGINES THEN THAT YOU NEED 4 YEARS TO PERMIT THIS TOGETHER DRUG THE
» FDA? E IMAGINES THEN THAT, IN 4 YEARS INTERCYTEX… ADERANS… PHOENEXBIO…
» ACELL OR ANOTHER COMPANY IT COMES WITH SOME LAUNCHING ON THE CURE OF THE
» CALVICIE? E I AM SAYING (4) YEARS…
No, no, no … 5 years, it’s always five years
If I put orange juice and apple juice together and figure out that it tastes great, I can patent that idea and sell it. It uses entirely existing FDA-approved foods. I just used them in a new way.
It’s true that other companies can take the same existing ingredients and make knockoffs as soon as I release the patent. But that doesn’t mean I can’t make money off the idea just by getting the jump on them and trying to stay ahead.
I’m also not going to try to formulate some kind of all-new juice molecule with with the characteristics of both juices toghether just to patent my own substance. That would be a horrendous pain in the a**, it would cost a ton, and it would take 10 years to get it approved. And the whole time, my competitors would be merrily selling the real two juices mixed together like my original patent said.
» If you were follica CFO and not the balding poor guy you are, what would
» you do? Would you do trials that involve drugs that can be easily acquired
» by anyone? Or would you try to make it harder to copy?
Here’s the problem with this logic:
Follica’s procedure - as it is patented - has two main components: abrasion + blocking EGF activity with a drug. EGF suppresses new hair follicle formation, and Follica discovered that inhibiting it during the wounding process jacks up new follicle creation. That’s the bread and butter of their procedure.
There are several potent EGF receptor inhibitors on the market already (two examples are gefinitib and erlotinib). Let’s say Follica wants to make their own EGF inhibitor, as you suggest, instead of using an existing one. Let’s call this new drug ‘follicinib’. They spend many years and lots of money creating this new drug. Now they release their product. But guess what? Joe Blow wants to copycat their procedure, so he just uses abrasion + erlotinib instead of abrasion + follicinib, and boom, he’s done it.
So, Follica spent all that time and money developing a custom drug, and their procedure is no more safe from being copied than if they used an existing drug. As you can see, it’s pointless for Follica to make such a massive investment in a new drug (which they are totally not capable of doing, anyway, from a logistical standpoint).
congratulations TAGOHL. very explained well.
You can be sure that they will not invest money into research that shows how to use lithium and dermaroller to grow your hair back. They wont do it because they could not profit from it.
And thats assuming it actually works well in humans of course which is a bit optimistic assumption.
» If I put orange juice and apple juice together and figure out that it
» tastes great, I can patent that idea and sell it. It uses entirely
» existing FDA-approved foods. I just used them in a new way.
»
»
» It’s true that other companies can take the same existing ingredients and
» make knockoffs as soon as I release the patent. But that doesn’t mean I
» can’t make money off the idea just by getting the jump on them and trying
» to stay ahead.
»
»
» I’m also not going to try to formulate some kind of all-new juice molecule
» with with the characteristics of both juices toghether just to patent my
» own substance. That would be a horrendous pain in the a**, it would cost a
» ton, and it would take 10 years to get it approved. And the whole time, my
» competitors would be merrily selling the real two juices mixed together
» like my original patent said.
exactly
» » IT IMAGINES THEN THAT YOU NEED 4 YEARS TO PERMIT THIS TOGETHER DRUG THE
» » FDA? E IMAGINES THEN THAT, IN 4 YEARS INTERCYTEX… ADERANS… PHOENEXBIO…
» » ACELL OR ANOTnnHER COMPANY IT COMES WITH SOME LAUNCHING ON THE CURE OF
» THE
» » CALVICIE? E I AM SAYING (4) YEARS…
»
» No, no, no … 5 years, it’s always five years