Biologix Hair Inc. Announces Retention of Ottawa-based Launch IR to Direct Investor Relations Activity
31 May 2013 - 11:15PM
Marketwired
Biologix Hair Inc. (OTCBB:BLGX)(OTCQB:BLGX) announces that
effective June 1, 2013 Ottawa-based Launch IR has been retained to
manage investor relations activities for Biologix, in coordination
with the Company's Corporate Communications division.
Launch IR is an experienced consulting/investor relations firm
with connections and strong ties to industry leading investment
firms in the United States, Europe and Canada, which works with
select groups of exceptional public companies, collaborating with
management to secure premium valuations.
Matt Harrington, President and Investor Relations Consultant of
Launch IR, has 25 years of consulting and marketing experience and
building information technology and professional services
companies. Mr. Harrington has recently been involved in all aspects
of corporate development and investor relations with emerging
public companies. Clinton Joseph, Partner and Investor Relations
Consultant of Launch IR, also has a technology background with 15
years of professional experience including 10 years experience
involving Investor Relations and money raising activities. Mr.
Harrington and Mr. Joseph have been involved in numerous investor
relations company files together.
Matt Harrington stated: "Biologix Hair Inc. has an exciting
breakthrough biopharma product with a truly global market
potential, strong leadership with the necessary skill sets and
experience to lead the Company and relationships in place with
legal and financial advisors to guide the NYSE Market listing
application and FDA approval processes. Launch IR has and continues
to work with NYSE listed companies and specialize in aligning their
institutional relationships with fast growing companies with
exceptional potential for long-term growth. Biologix Hair Inc. has
created a very promising investment opportunity and we look forward
to assisting with coordinating this IR effort."
Biologix Hair Inc. has closed its Corporate Communications
office in Halifax, Nova Scotia.
About Biologix Hair Inc. and Biologix Hair Science Ltd.
Biologix Hair Inc. (Biologix Hair), together with its wholly
owned biotechnology subsidiary, Biologix Hair Science Ltd. (TM)
(BHS), is focused on realizing the full market potential for its
patent-pending hair loss prevention and regeneration treatment -
the Biologix Hair Therapy System(TM) - and its demonstrated ability
to prevent and reverse the effects of alopecia, which plagues
hundreds of millions worldwide.
Between mid-2004 and mid-2012, more than 30,000
pre-clinical-trial treatments of Biologix Revive - the essence of
the Biologix Hair Therapy System(TM) - were administered to
5,000-plus patients in South America suffering with varying degrees
of alopecia, as well as people seeking preventive treatment. The
participating treatment clinicians subjectively observed and
reported that virtually 100% of preventive care clients continued
to retain their healthy hair and an estimated 80-85% of the males
and 90-plus% of the females treated for hair regeneration
experienced significant regrowth of their own natural hair. And
among alopecia areata patients, virtually total hair regrowth was
observed in 100% of the cases. To date, no negative side effects
have been reported.
BHS is currently focused on obtaining FDA approval for its
breakthrough hair loss prevention and regeneration therapy and has
initiated a research and development program with one of the
world's leading medical research universities, the Beijing
Institute of Technology (BIT). The R&D program, expected to
take approximately twelve months to complete, is an important final
step before formal clinical trials and the FDA approval process
begins.
Additionally, on May 11, 2012, Venable LLP, the Washington-based
law firm overseeing the worldwide IP and regulatory approval
processes on behalf of BHS, filed a Patent Cooperation Treaty (PCT)
application on behalf of BHS for Biologix Revive in Geneva,
Switzerland. The PCT is an international treaty, administered by
the World Intellectual Property Organization (WIPO), to which 147
countries have as of now contracted, including Canada and the
United States.
Biologix management is determined to be in a ready position to
capitalize on the high-margin sales potential of the Biologix Hair
Therapy System(TM), if and when FDA and other major market
approvals are forthcoming.
As BHS advances the regulatory approval process, Biologix Hair,
together with wholly owned subsidiary companies operated by BHS,
are rapidly developing a global distribution network of licensed
clinicians and medical practitioners seeking to become Certified
Biologix Hair Therapists(TM) and secure exclusive territorial
purchasing and treatment rights for the Biologix Hair Therapy
System(TM).
Biologix Hair has decided not to risk creating any potential
regulatory conflicts by offering treatment outside the United
States and other major high-product-margin markets until FDA
approval has been granted. Therefore, the Biologix Hair Therapy
System(TM) is not yet available other than to the 5,000+ patients
who participated in the pre-clinical-trials conducted in South
America.
To learn more about Clinician Licensing opportunities, Click
Here or call toll free +1 855.737.0333 or +1 647.344.5900.
Disclaimer
This announcement is not an offer to sell any Biologix Hair Inc.
("Biologix") securities. Offers for any given security are made
only through applicable offering circulars and related documents
filed with the SEC pursuant to the Securities Act of 1933 or the
Securities Exchange Act of 1934. Certain statements contained
herein and subsequent oral statements made by and on behalf of
Biologix may contain "forward-looking statements". Such
forward-looking statements are identified by words such as
"intends," "anticipates," "believes," "expects" and "hopes" and
includes, without limitation, the development of treatment centers
and approval from regulatory authorities as well as the ability for
Biologix to obtain adequate financing to meet its business
objectives. Forward-looking statements express our expectations or
predictions of future events or results. They are not guarantees
and are subject to many risks and uncertainties. There are a number
of factors beyond our control that could cause actual events or
results to be significantly different from those described in the
forward-looking statements. Any or all of our forward-looking
statements in this report or in any other public statements we make
may turn out to be wrong. We undertake no obligation to publicly
update or review any forward-looking statements, whether as a
result of new information, future developments or otherwise. In
Canada, Europe and the United States, the Biologix treatment is not
approved for use by Health Canada, EMA or the FDA. The company
makes no representations that it will receive Health Canada, EMA or
FDA approvals.
Contacts: Biologix Hair Inc. Corporate Communications Toll Free:
+1 855.292.8585 Phone: +1 647.494.8001 Email:
CorporateCommunications@BiologixHair.com Web:
www.BiologixHair.com
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