The Hair Market

A growth opportunity

The hair loss market is a self-pay sector
with a 4.8% growth rate between 2012 – 2017
Currently valued at over $7 billion.

Market

$2.7
Billion
Oral Hair Loss
Treatments
$2.3
Billion
Topical Hair
Loss Treatments
$7
Billion
Hair Loss Market
TOTAL
45%
MEN
55%
WOMEN

SEGMENT FOCUS

ALOPECIA

  1. Men with Early Hair Loss (Grades I-III)
  2. Females with Early Hair Loss (Grades I-II)

Market Opportunity

Hair growth
Competitors
8 - 14%INCREASE IN HAIR DENSITY
IN RESPONDERS
ORAL HAIR LOSS
TREATMENTS
1
$2.3 B (Annual sales)
30%
**
AVERAGE INCREASE IN HAIR
DENSITY ACROSS ALL PATIENTS
7 - 16% INCREASE IN HAIR DENSITY
IN RESPONDERS
TOPICAL HAIR LOSS
TREATMENTS
2
$2.7 B (Annual sales)
KERASTEM
Annual sales = ?
1
ORAL HAIR LOSS TREATMENTS
$2.3 B (Annual sales)
2
KERASTEM Annual sales = ?
3
TOPICAL HAIR LOSS TREATMENTS
$2.7 B (Annual sales)

*Source: IBISWORLD Industry Report OD4136: Hair Loss Treatment Manufacturing in the US **Source: 2015 ISHRS: Hair Follicle Stimulation by Stromal Vascular Fraction Enhanced Adipose Transplantation in Baldness, David Perez-Meza, MD, FISHRS 1 Source: A randomized clinical trial of 5% topical minoxidil versus 2% topical minoxidil and placebo in the treatment of androgenetic alopecia in men. Olsen EA, Dunlap FE, Funicella T, Koperski JA, Swinehart JM, Tschen EH, Trancik RJ. J Am Acad Dermatol. 2002 Sep;47(3):377-85. 2 Source: Blume-Peytavi U, et al. J Am Acad Dermatol. (2011) 3 Source: Changes in hair weight in men with androgenetic alopecia after treatment with finasteride (1 mg daily): three- and 4-year results. Price VH, Menefee E, Sanchez M, Kaufman KD. J Am Acad Dermatol. 2006 Jul;55(1):71-4. 4 Source: Finasteride in the treatment of men with androgenetic alopecia. Finasteride Male Pattern Hair Loss Study Group. Kaufman KD, Olsen EA, Whiting D, Savin R, DeVillez R, Bergfeld W, Price VH, Van Neste D, Roberts JL, Hordinsky M, Shapiro J, Binkowitz B, Gormley GJ. J Am Acad Dermatol. 1998 Oct;39(4 Pt 1):578-89

Kerastem Female focus

An ideal treatment for females with Grade I/II Female Pattern Hair Loss
limited option for females
I-1
I-2
I-2
II-Y
II-1
II-2

FEMALE PATTERN HAIR LOSS
TREATING GRADES I-II

DAILY TREATMENT
COMPATIBLE
LIMITED UTILITY
NOT APPLICABLE