Theradome Inc. Accelerates Global Expansion Through Distribution Partnership in the Chinese Market
Theradome™, manufacturer of the first and only FDA-cleared wearable,
over-the-counter hair restoration device, accelerates its global
expansion through distribution partnership in China
PLEASANTON, Calif.–(BUSINESS WIRE)–Theradome, Inc. recently named Nanjing XJS Ltd. as its master
distributor of the Theradome™ laser hair regrowth helmet in the Chinese
market.
Nanjing XJS Ltd., a distributor of several international high-end
home-use medical devices in China, sells in hundreds of pharmacies,
shops, hospitals and retail outlets throughout China. Through the
partnership, the Theradome™ products will be featured in all those
channels and Chinese online shopping channels.
Theradome, which has been a successful new product in USA, is sold at
more than 200 Bosley Medical terminals. “The 678nm laser light used by
Theradome stimulates the mitochondria at the base of the hair follicle,
where the stem cells that grow hair are located,” Dr. Tamim Hamid, CEO
and inventor of Theradome, explained the uniqueness of Theradome.
In the Chinese hair care market which boasts a market value of RMB 33.6
billion ($5.5 billion), sales of Western hair-loss treatments grew 90
percent from 2007 to 2012. Because of its size and growth rate,
Theradome, Inc. attached great importance to the distribution in the
Chinese market and regards it as an important step in its global
expansion.
“There is a big market space for non-drug hair-loss therapy in China.
Chinese people are losing confidence in functional shampoo and
traditional Chinese medicines for hair loss. We could not be more
excited about this opportunity to distribute Theradome in China and to
work with such an innovative company. We are confident that Theradome
will achieve great success in the Chinese market in the near future,”
said Leo Chan, CEO of Nanjing XJS Ltd. “The Chinese leading-chain hair
restoration hospitals will exhibit and resell Theradome soon.”
Theradome Inc. has also announced that Nanjing XJS Ltd. would be the
distributor of the coming hair care supplements branding Theradome.
For more Chinese information about Theradome, please visit:
Contacts
Theradome Inc.
Travis Culver, +1 323-937-1951
press@theradome.com
