Follicum AB

Follicum AB is a biotechnology company focused on developing innovative treatments for hair loss, leveraging proprietary peptides to stimulate hair follicle activity and promote hair regeneration. Founded in 2004 and headquartered in Lund, Sweden, Follicum AB develops therapeutic solutions for hair loss. The company has engaged in three total funding deals, with the most recent occurring on August 29, 2018, when it raised DKK 1 million in a GRANT from the Novo Nordisk Foundation. To date, Follicum has raised a total of DKK 0.

50 mn. The company was founded without reference to a parent company or notable mergers. Follicum specializes in the development of treatments for hair loss, focusing on innovative peptides designed to stimulate hair follicle activity and enhance hair regeneration. These products target biological pathways relevant to conditions like androgenetic alopecia, serving both consumers dealing with hair loss and healthcare providers seeking effective treatments in dermatology and trichology.

The company’s solutions are distributed in various regions, including Europe and North America. Follicum generates revenue through direct-to-consumer sales and partnerships with healthcare providers and distributors. The transaction structure focuses on relationships with clinics and dermatologists, who recommend Follicum's peptide products to patients experiencing hair loss. The revenue comes from these signature products, which are offered via subscription plans or one-time purchases, facilitating consistent user engagement while ensuring steady revenue flow.

Specific pricing details are proprietary, reflecting Follicum's positioning in the hair care market. Follicum AB aims to expand its product line and enter new markets. The most recent funding round on August 29, 2018, involved DKK 1 million, part of a larger DKK 1. 40 million grant, which is intended to support further product development and market expansion initiatives.

Target markets for growth include increasing presence in North America and enhancing product offerings within Europe.