Saturday, October 07, 2006

Testing robots that are built to battle baldness

From Reuters:

LONDON - The British government is providing 1.85 million pounds of funding to a Cambridge-based company that is building a robot to help treat baldness.

Biosciences firm Intercytex aims to perfect a treatment that involves taking hair follicles from the back of the neck, multiplying them and replanting them where they are needed.

The company said on Friday it had been awarded funding from the government’s Technology Program, which it planned to use to develop a robotic system to speed up the painstaking process of multiplying the hair cells before they are replanted.

Intercytex’s research is now in intermediate Phase II testing after having safely been trialled on a handful of volunteers.Shares in the firm, which have receded around 30 percent since listing on London’s junior AIM market in February, rose 0.6 percent to 88 pence by 0900 GMT.

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