They have advance very much but like any bloody pharamceutical FDA crap, trials trials trials. Replicel is at stage 2 trials, Cb-03-01 is another good promising cream.
We also have:
The hair follicle team (Dr Lindner, Lauster & Atac) have FOUR goals:
1) To create a microchip system where many organs thrive.
2) To create a human hair follicle model that allows rapid screening of compounds that may have an impact on hair regeneration or removal! This may be performed on a single follicle or on a follicle embedded in an engineered full thickness skin equivalent
3) To engineer neopapillae (ECM coated dermal papilla cell spheroids) that will be transplantable into human subjects for patients suffering from Androgenetic Alopecia.
4) and ultimately, to have personalised chips of all genetic backgrounds to give a full picture of pharmacokinetics & pharmacodynamics of an investigational drug.
I believe they may already have the cure, but these pharamceutical Bas**** are corrupt more treatments more money, example they cured a certain disease by switching the gene 'OFF' I can't seem to find the link. Genes are influenced through generations and environment, like constantly eating wheat can spike insulin levels, which can lead to diabetes through new generations etc.
Switching genes 'ON' and 'OFF'
http://www.sciencedaily.com/releases/2013/07/130723113749.htm