TORONTO, ONTARIO -- (Marketwire) -- 02/07/13 -- Biologix Hair Inc. (OTCBB: BLGX)(OTCQB: BLGX) is pleased to report the Company's clinician licensing results as of January 31st, 2013.
Biologix Hair's worldwide Clinician Licensing Department, headquartered in Toronto, Canada, has contracted on behalf of Biologix with 121 medical services clinics located in six different countries, which have reserved certain exclusive purchase and treatment rights for the Biologix Hair Therapy System and to be licensed as certified Biologix Hair Therapy Centers.
Based on information provided by the contracting clinics, the total number of existing patients represented by these 121 clinics is 372,440, of which the clinicians estimate approximately 205,919 will be interested in the patent-pending Biologix Hair Therapy System, if and when FDA and other market approvals are forthcoming.
Donna Lieder, Biologix Vice President of Clinician Licensing, stated, "I am very pleased with the successful launch of our effort to build a global network of licensed medical practitioners seeking to become Certified Biologix Hair Therapists and secure exclusive territorial purchasing and treatment rights for the Biologix Hair Therapy System. The receptivity we have received within the medical community has been overwhelmingly positive and is a strong indication of how much potential demand exists for our unique, patent-pending treatment.
"Keeping in mind that the numbers cited above are estimates based only on the clinicians' existing number of patients and do not include any forecasts related to potential new patients within their respective territories who may be interested in the Biologix Hair Therapy System, there appears to be significant upside elasticity in the markets being represented by these 121 clinics," continued Lieder.
Here is what a couple of the contracting clinicians had to say about why they decided to join the certified Biologix Hair Therapy Center team:
Danielle Brenza, Director of Operations for the Ageless Skin and Laser Center in Sewell, New Jersey said, "I believe this innovative technology will be ground-breaking for patients suffering with hair loss."
Grant M. Gunderson, Director of Medical Services for the Hair Restoration Institute of Pennsylvania said, "For us at HRI, wanting to be the first with a Biologix territory was a no-brainer. As one of the only true hair restoration clinics in Pittsburgh and the surrounding area, we are constantly striving to give our current and future clients the very 'latest and greatest' breakthroughs when it comes to hair restoration. That's why we waited to buy a laser until the FDA actually approved a salon laser (the MEP-90). We're the only clinic in PA to have a true laser solution with clinical results, not just cosmetic results. We waited to make sure we found a transplant surgeon who was both board certified and experienced enough to have the respect of his peers. We take our business and its results seriously and only want the best for our clients. After speaking with Donna Lieder and better understanding what Biologix was doing, I signed up immediately, and am excited every time I receive new mail about Biologix.
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