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Wednesday, September 11, 2013

Minimising Hair Growth- Indian technology available for global license from ISIS

There is an immense global demand for control of unwanted body hair. The market for women’s hair removal products alone is estimated at US$20 billion in 2013, of which the depilatories market is estimated at US$4.6 billion. Various approaches to hair control compete for the cosmetic demand such as laser therapy, electrolysis, topical ointments, etc. Nevertheless, current treatment options are expensive and yield diminishing returns. Similarly, prescription drugs for hirsutism and hypertrichosis have their own sets of limitations.

The technology developed by Innovator Mrinmayee Bhushan comprises a naturally derived active ingredient in a liposomised cream formulation that offers freedom from the stresses of frequent hair removal, saving users time, aggravation and money.

After due diligence by Oxford University,  ISIS Innovation (wholly-owned subsidiary of the University of Oxford, managing technology transfer), is scouting global partners for licensing the technology.


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