It was announced on Tuesday that a new hair growth drug has been approved by the US Food and Drug Administration.
The drug, called L368 Blue Pill, has been prescribed to more than 300,000 people.
The drug has an anti-aging effect and was originally developed by Pfizer in the US.
The company said it was designed to treat both male and female hair follicles.
The medication was approved by FDA in August, but was delayed until late January due to regulatory uncertainty.
The company hopes the drug will be available by Christmas, but has not set a specific date.
“L368 Blue pill is a promising new treatment for hair growth and its benefits will benefit everyone,” said Jodi T. Breslin, a spokeswoman for Pfizer, in a statement.
More to come.