Peter Lowry, a Director, acquired 357,895 Common Shares on a direct ownership basis at a price of $0.475 through a prospectus or prospectus exempt offering on January 15th, 2019. This represents a $170,000 investment into the company's shares and an account share holdings change of greater than 100%.
RepliCel is a regenerative medicine company focused on developing cell
therapies for aesthetic and orthopedic conditions affecting what the
Company believes is approximately one in three people in industrialized
nations, including aging/sun-damaged skin, pattern baldness, and chronic
tendon degeneration. These conditions, often associated with aging, are
caused by a deficit of healthy cells required for normal tissue healing
and function. The Company's product pipeline is comprised of RCT-01 for
tendon repair, RCS-01 for skin rejuvenation, and RCH-01 for hair
restoration. RCH-01 is currently being co-developed with, and under
exclusive license by, Shiseido for certain Asian countries. All product
candidates are based on RepliCel's innovative technology, utilizing cell
populations isolated from a patient's healthy hair follicles. RepliCel
has also developed a proprietary injection device, RCI-02, optimized for
the administration of its products and licensable for use with other
dermatology applications.
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