Triple Hair Group partners with Akums Drugs & Pharmaceuticals to introduce hair loss treatment Therapy-07 in India, with Akums financing trials and sharing profits.
Triple Hair Group, a Canadian biotech firm, has partnered with India's Akums Drugs & Pharmaceuticals to introduce its hair loss treatment, Therapy-07, in India. Akums will finance regulatory costs and oversee a Phase III clinical trial. The two companies will share profits equally, with Triple Hair receiving milestone payments and royalties. This collaboration aims to enhance Akums' dermatology offerings in a market projected to exceed $3 billion by 2024.
5 months ago
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