Androgenic alopecia is managed with medications like topical minoxidil for both men and women, and oral finasteride for men only, to slow hair loss and stimulate new growth. Other treatments can include other drugs like dutasteride and spironolactone (for women) or surgical options like hair transplantation. It is important to consult a doctor or specialist for an accurate diagnosis and to discuss the best treatment plan, as effectiveness varies and depends on continued treatment.