Hair loss biotech company Triple Hair demonstrates potential growth

When renowned ophthalmologist Dr. Houfar Sekhavat was faced with his own hair loss, he tried several known treatments with disappointing results. He started researching solutions in an effort to find an effective option, which led him to Peter Ford, a pharmacist and owner of Ford’s Pharmacy in Moncton, New Brunswick. Using their collective expertise, this creative pair experimented with different formulations and together found a combination that worked, leading to the creation of Triple Hair.

New Brunswick-based Triple Hair is a clinical-stage Canadian biotechnology company specializing in the development of innovative treatments for alopecia. As much as 20% of people suffer from hair loss, clinically referred to as alopecia and despite the prevalence of the issue, the available solutions are limited. Triple Hair aims to change the market landscape, offering a product to patients that shows results.

After many years of research and trials, Triple Hair has succeeded in creating an effective product to stimulate hair growth, namely its TH07 prescription drug. . Triple Hair is the first company that will launch a triple combination therapy in Canada, and they are currently working through the regulatory steps to get their product to market including an FDA Phase 3 clinical trial.

Triple Hair is the latest company to join Emergence, Atlantic Canada’s bioscience business incubator dedicated to assisting start-ups and growth-stage companies in efficiently bringing their products and services to market.

“We are happy to join the Emergence Incubator which has proven itself with other young biotech companies like ours. We believe that Triple Hair will highly benefit from the resources the program offers,” said Jean-Philippe Gravel, President and CEO of Triple Hair. “The Emergence Incubator will help accelerate the development and commercialization of our innovative Therapy-07 prescription drug. No new and effective hair growth drugs have been developed in the last 20 years. We intend to change that and set a new standard in terms of hair growth results.”

As a client of Emergence, Triple Hair will have access to business incubation services including mentorship and advisory services, team mentorship program as well as access to networks and resources.  

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