Biotech
"The global hair loss market is estimated to be around US$7BN annually, with topical treatments accounting for $2.3 billion of that market.
Of the $7BN spent on hair loss, the US accounts for $3.5BN.
That’s 56 million people in the US facing a hair loss problem and looking for an answer.
Interestingly, one overlooked and uncatered for section of the market is women – 30% of women over 35 have some form of hair loss, and are without a safe and effective treatment alternative."
Therefore: 56 million people = 28million m 28million F,
1% of market = 280,000 women hooked on evolis at 100.00 US pa =2.8 million.
This is just to reverse the hair loss.
Just need to convince 1 woman in 100.
The Prevention and Promotion side of things are getting into the full fledged shampoo and conditioner dept along with the FGF5 inhibitors. This is a huge market.
This leaves the likes of the above competition with 99% of the market and I think Evolis can do way better than that 1%. Given time
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Competition ???? LOL for Evolis, page-3
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