Akums Drugs & Pharmaceuticals Ltd., a leading contract development and manufacturing organization (CDMO) in India, has announced a strategic partnership with Canada’s Triple Hair Group. This collaboration focuses on the exclusive licensing of a patented topical treatment for androgenic alopecia, aimed at the Indian market. The innovative formulation combines three active ingredients to address hair loss, a condition that affects millions both in India and globally.
The newly licensed topical solution aims to provide a comprehensive hair care approach. It is designed to prevent hair fall, stimulate new hair growth, and enhance hair thickness and density. This convenient treatment option may improve compliance and outcomes for individuals facing hair loss.
Mr. Sanjeev Jain, Managing Director of Akums, stated, “Our collaboration with Triple Hair is a significant step in expanding our dermatology portfolio. We are committed to delivering high-quality, clinically proven formulations to enhance the lives of our consumers.”
Mr. Sandeep Jain, also Managing Director of Akums, expressed enthusiasm for the partnership: “We are excited to work with Triple Hair to introduce this unique formulation to India. This collaboration reflects our vision of providing cutting-edge solutions that meet our customers’ evolving needs. We believe this patented formulation will transform alopecia treatment in India and help many regain their confidence.”
Mr. Jean-Philippe Gravel, CEO of Triple Hair, noted, “We are proud to partner with Akums, which presents a valuable opportunity for both companies. Akums will play a crucial role in the regulatory process, including an upcoming Phase III clinical trial in India. We expect to begin this process soon, aiming to commercialize Therapy-07 in India as quickly as possible.”
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