Donald Kennedy (see Hair Tea) invented this product around 1871. In that year he published a pamphlet called "Diseases of the Skin," in which he stated that his Hair Grower was a cure for Scald Head.
The product was advertised in the 1885 McKesson & Robbins Catalog. A partial scan is shown below. The latest ad I found was in 1907. Picture courtesy of Daniel Lakatos.