Arcutis Provides Update on sNDA for Roflumilast Cream 0.15% for Atopic Dermatitis
Rhea-AI Summary
Arcutis Biotherapeutics has communicated with the FDA regarding its sNDA for roflumilast cream 0.15% aimed at treating mild to moderate atopic dermatitis in adults and children as young as six. The FDA is finalizing the action letter without extending the PDUFA goal date of July 7, 2024. The FDA has not requested additional information, highlighting the completeness of Arcutis' submission. Arcutis anticipates receiving the action letter soon and aims to introduce this innovative treatment to millions suffering from atopic dermatitis.
Positive
- FDA is finalizing the action letter, indicating progress toward potential approval.
- No additional information requested by the FDA, highlighting a complete and quality submission.
Negative
- None.
News Market Reaction
On the day this news was published, ARQT declined 3.93%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
WESTLAKE VILLAGE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a commercial-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology, today announced that the Company has been in communication with the U.S. Food and Drug Administration (FDA) regarding its supplemental New Drug Application (sNDA) for roflumilast cream
“We would like to emphasize that the FDA has not requested any additional information related to our sNDA. This speaks to the completeness and quality of our submission, as we have worked diligently to provide all necessary data and meet all regulatory requirements,” said Frank Watanabe, president and CEO of Arcutis. “We are in close contact with the FDA and anticipate receiving our action letter soon. Pending approval, we look forward to delivering this new innovative treatment in roflumilast cream to the millions suffering from atopic dermatitis.”
About Arcutis
Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a commercial-stage medical dermatology company that champions meaningful innovation to address the urgent needs of individuals living with immune-mediated dermatological diseases and conditions. With a commitment to solving the most persistent patient challenges in dermatology, Arcutis has a growing portfolio including two FDA approved products that harness our unique dermatology development platform coupled with our dermatology expertise to build differentiated therapies against biologically validated targets. Arcutis’ dermatology development platform includes a robust pipeline with multiple clinical programs for a range of inflammatory dermatological conditions including scalp and body psoriasis, atopic dermatitis, and alopecia areata. For more information, visit www.arcutis.com or follow Arcutis on LinkedIn, Facebook, Instagram and X.
Forward-Looking Statements
Arcutis cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on the Company’s current beliefs and expectations. Such forward-looking statements include, but are not limited to, statements regarding roflumilast cream