Follicum's Phase II study with FOL-005 for treatment of Alopecia approved by the German Medicines Agency
Follicum AB ("Follicum" or "the Company") today announces that it has received approval from the German Medicines Agency (BfArM) and the German Ethics Committee to start a Phase IIa clinical study with a topical formulation of FOL-005 on patients with alopecia (hair loss). The trial will comprise about 200 patients who will be treated with FOL-005 or placebo daily for 4 months. The study is conducted in collaboration with the Charité Clinical Research Center for Hair and Skin Science ("CRC") in Berlin and proDERM, Hamburg, Germany.In two previous clinical studies, FOL-005 has been shown to