- Androgenetic alopecia affects up to 70% of men and 40% of women, causing billions to be spent annually on ineffective treatments. A novel topical formulation is proposed that safely and painlessly increases hair growth as an alternative to hair transplants or minoxidil, which often does not work. Animal testing has been completed and clinical trials in humans are needed, requiring funding and research partners. The technology is patented and seeking licensing for further development and testing.