Global Hair Loss Treatment Market: Key Developments
In September 2021, Dr. Reddy's Laboratories, a India-based multinational pharmaceutical company, launched prescription drug Minoxidil topical solution USP (U.S. Pharmacopeia) 2 % and 5 % for the treatment of female pattern hair loss in India. The company launched minoxidil topical solution under the brand name of Mintop 2 per cent and Mintop Eva 5 per cent, respectively.
On June 26, 2023, the U.S. Food and Drug Administration (FDA), announced that it had approved Ritlecitinib, a kinase inhibitor that inhibits Janus kinase 3 and tyrosine kinase for treatment of alopecia areata in individual of age 12 years and above.
In June 2021, Eli Lilly and Company, an U.S.-based multinational pharmaceutical company, announced that the U.S. Food and Drug Administration (FDA) had approved OLUMIANT (baricitinib), a once-daily pill, as a first-in-disease systemic treatment for adults with severe alopecia areata (AA), available as 4-mg, 2-mg and 1-mg tablets.
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