Press release

Press release

January 29, 2018

Follicum identifies receptors in insulin-producing cells for potential new class of diabetes drugs

Lund, Sweden, January 29, 2018. Follicum AB (“Follicum”) today announced that it has successfully mapped the receptors in insulin-producing cells that bind the company’s peptides. The new knowledge represents an important milestone in the continued development of the company’s diabetes project and opens the possibility of the identified receptors becoming potential drug targets for stimulating […]

January 25, 2018

Follicum AB: Disclosure notice

As a result of the preferential rights issue in Follicum AB (“Follicum”) in October 2017, the holding of the shareholder, Lund University Bioscience AB’s has decreased to less than ten percent of votes and equity. Lund University Bioscience AB is one of the main shareholders in Follicum. As a result of the recently completed preferential […]

November 23, 2017

Follicum receives patent approval in China

Follicum AB (“Follicum”) today announces that the Chinese Patent Office (SIPO) has granted the company’s patent application for stimulation of hair growth. Thanks to SIPO’s grant of patent number ZL 201280049850.X, Follicum has protection in China until 2032. The patent protects the company’s peptides in general and for the stimulation of hair growth specifically. CEO […]

November 20, 2017

Follicum applies for the start of a Phase II study at the German Medicines Agency

Follicum AB (“Follicum” or “the company”) today announced that the company has filed an application for the initiation of a Phase IIa clinical trial with FOL-005 on scalp to study hair growth to the German Medicines Agency, BfArM and to the Ethics Committees. The goal is to start the study after approval by the authorities […]

November 9, 2017

Follicum expands its collaboration with two prominent hair clinics for the implementation of the next Phase IIa study with FOL-005

Follicum AB (“Follicum”) recently made a preferential share issue which provided the company with SEK 23.5 million before costs. The liquidity paid to the company is partly intended to finance a Phase IIa clinical trial with the company’s drug candidate FOL-005. Follicum hereby announces that the company has chosen to work with the Clinical Research […]

September 11, 2017

Follicum’s diabetes project receives a grant from the Novo Nordisk Foundation

Follicum AB (“Follicum”) today announces that Professor Jan Nilsson´s research group at the Clinical Research Center, Lund University has been granted 400 000 Danish crowns from the Novo Nordisk Foundation to carry out pre-clinical diabetes studies with Follicum’s peptides. The aim of the pre-clinical experiments is to study the effects and mechanisms of action of […]

September 4, 2017

Follicum recruits a Chief Business Officer

Follicum AB (“Follicum”) today announces the recruitment of Gunnar Gårdemyr as its Chief Business Officer (“CBO”). Gårdemyr has 35 years of international experience which includes leadership, business development, global marketing and commercial strategy from the pharmaceutical and biotechnology industries. His most recent position was as CEO of Targovax AS in Norway. Prior to this he […]

August 2, 2017

Follicum successfully completes its Phase I / IIa clinical study of FOL-005 and prepares for a Phase II clinical study

Follicum AB (“Follicum”) has now obtained the final results from the completed phase I / IIa clinical study. The results after a three-month follow-up period following the completion of treatment with FOL-005, demonstrate that the rate of hair growth does return to its original level. The results thereby confirm that Follicum’s drug candidate FOL-005 stimulates […]