Oxford BioLabs explained

Oxford BioLabs
Type:Research Organization
Foundation:2009
Location City:Oxford
Location Country:England
Industry:Aesthetics

Oxford BioLabs is a UK based company focusing on the research and development of novel health & beauty therapies. It has received media attention for its hair growth product TRX2.[1] [2]

History & Structure

Oxford BioLabs was founded in August 2008 as a Limited Liability Company in England and Wales by former scientists of the University of Oxford, including biochemist and entrepreneur Thomas Whitfield. The company have German based Research Facilities located in Biopark Regensburg, Regensburg, Germany. According to an article published by The Daily Telegraph the company is bootstrapped by its founders as well as by NESTA and the National Council for Graduate Entrepreneurship (NCGE).[1] [3]

The company manufactures and distributes a dietary supplement called TRX2[4] (from Greek trichos for hair and 2 for second generation) which it claimed reduced hair loss - see below for controversy. The product works by engaging potassium channels, which allows them to reabsorb essential nutrients.[5] The product is a dietary supplement, not exactly a drug, and hence it doesn't need to be approved by the U.S. Food and Drug Administration (FDA).[6] [7]

Controversy

In January 2014 the UK Advertising Standards Authority upheld a complaint against TRX2 and Oxford Biolabs, citing that advertisements that the company had run for TRX2 were misleading and in breach of EU advertising codes.[8] The company agreed and changed their advertising in line with the code of conduct.[9]

See also

External links

Notes and References

  1. News: Tyler. Richard. Thomas Whitfield's German roots help hair loss product launch. 23 July 2012. The Daily Telegraph. 9 January 2011.
  2. News: Tyler. Richard. Thomas Whitfield: The Oxford student who plans to make baldness a thing of the past. 23 July 2012. The Daily Telegraph. 16 January 2009.
  3. News: Thomas Whitfield's German roots help hair loss product launch. 1 August 2012. NCEE. 10 January 2011. NCEE. Web.
  4. Web site: TRX2 Product Information. Oxford BioLabs. 28 November 2017.
  5. Web site: Hair Loss & Alopecia. getthegloss.com. 28 November 2017. Web.
  6. News: Edwards. Jim. Pharma's 4 Best Shots at a Cure for Baldness. 1 August 2012. CBSNews.com. 12 January 2011. CBS News. Web. it's actually just another dietary supplement and as such is not approved by the FDA..
  7. Web site: Minoxidil Alternatives. MPB Research. 1 August 2012. Web.
  8. Web site: ASA Food: Health Claims - Refer To The Relevant Nutrient. Advertising Standards Authority. 28 November 2017. Web.
  9. Web site: ASA Adjudication on Oxford Biolabs Ltd. Advertising Standards Authority. 28 November 2017. Web. bot: unknown. https://archive.today/20141008160959/http://www.asa.org.uk/Rulings/Adjudications/2014/1/Oxford-Biolabs-Ltd/SHP_ADJ_244720.aspx%23.VDVh0X3LfK5. 8 October 2014.