TORONTO, ONTARIO -- (Marketwired) -- 07/01/13 -- Biologix Hair Inc. (OTCBB: BLGX)(OTCQB: BLGX) is pleased to report that the company's wholly owned subsidiary, Biologix Hair Science Ltd., intends to open a company-owned and -operated certified Biologix Hair Therapy Center in Cartagena, Colombia before the end of October, 2013.
In addition to offering Biologix's patent pending hair loss therapy commercially for the first time and enabling Biologix to start generating revenues, the treatment facility will serve as a training center for licensed clinicians who've contracted with Biologix to operate certified Biologix Hair Therapy Centers and a prototype for future clinics, not operated by Biologix but by these certified clinicians.
In a news release dated May 31, 2013 entitled "Biologix Hair Inc. Reports New Clinician Licensing Numbers; Network Expands to 276 Clinics in 38 Countries; Captive Patient Universe Grows 264% to 3,284,065 People" Biologix reported that as of April 30, 2013 it had contracted with 276 operating clinics located in 38 countries. The total number of existing patients treated by this international network over the past five years is 3,284,065 with the contracting clinicians estimating that 1,315,926 of these patients would be interested in either the hair loss prevention or hair loss regeneration treatment and are candidates for the Biologix Hair Therapy System.
Dr. Diego Castresana, Vice President of Research and Development for Biologix Hair Science Ltd., commented: "Cartagena is the ideal location for us to launch our initial commercial operations. There are no regulatory hurdles to overcome and it is in the general area where many of the pre-clinical-trial patients were treated. Management is in the final stages of determining the ideal location within the city for our clinic and I look forward to being able to make that announcement within the next couple of weeks.
"Being based here allows me to personally oversee clinic operations to ensure the highest standards possible are continually met. And with direct flights from major worldwide airports, it is also convenient for medical practitioners to attend and receive formal training. Cartagena is a safe, beautiful, modern resort city of approximately one million people that offers individuals seeking treatment and clinicians receiving training a splendid backdrop for leisure and an opportunity to explore the charm and majesty that this Caribbean destination has to offer - an added benefit to their treatment or training experience."
Historical Pre-Clinical Success
From 2004 to late 2011, before the acquisition of the worldwide intellectual property rights by Biologix Hair Science Ltd., more than 30,000 pre-clinical-trial treatments of the Biologix Hair Therapy System were administered to 5,000+ patients in scientifically controlled environments by Dr. Duran and a dedicated team of private clinicians located throughout South America.
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