While other head lice treatments treat the lice, few are highly effective against the eggs hence repeat applications are needed to eliminate an infestation. In addition, while head lice worldwide have developed resistance to many of the available products Hatchtech’s product DeOvo™ has a novel mode of action compared to other current active ingredients meaning that there is no known cross resistance with DeOvo™. DeOvo™ is a cosmetically elegant topical lotion containing an inhibitor of metal dependent targets that are involved in all stages of the louse lifecycle from egg to adult. A substantial body of scientific data has established the mode of action and preclinical and clinical studies have shown DeOvo™ to be both highly effective and safe.
Hatchtech is securely financed by a consortium of specialist venture capitalists and is located in Melbourne, Australia.
Mar 12, 2013 Hatchtech appoints Hugh Alsop as CEO