Head lice infestations occur across all socio-economic and age groups. The annual global market for licensed over-the-counter head lice products is significant with some estimates putting the total at around £200 million. In the USA alone, it is estimated (source: Destum Partners Inc) that more that $100 million is spent annually to combat head lice. 6 to 12 million infestations occur each year among US children between 3 and 11 years of age.
These estimates do not include the sales of non-licensed products such as tee tree oil, neem oil and other “natural” remedies.
Nor do they include potential applications for the product in the animal health market. EctoPharma believes KindaPed™ could play a significant role in tackling the problems of various insect and mite infestations in both domestic animals (mainly cats & dogs) and agricultural livestock and is actively pursuing investigations in this area.