Welcome to our dedicated page for Biofrontera news (Ticker: BFRI), a resource for investors and traders seeking the latest updates and insights on Biofrontera stock.
Biofrontera Inc (NASDAQ: BFRI) is a biopharmaceutical innovator specializing in dermatological treatments through photodynamic therapy and topical antibiotics. This news hub provides investors and healthcare professionals with direct access to the company's official communications and market developments.
Key resources include earnings reports, FDA regulatory updates, clinical trial progress, and partnership announcements. All content is sourced from verified corporate disclosures, ensuring reliable tracking of the company's progress in treating actinic keratoses, impetigo, and related skin conditions.
Users can expect timely updates on product commercialization efforts, financial performance metrics, and therapeutic advancements. The archive serves as both historical reference and current awareness tool for those monitoring Biofrontera's unique position in dermatology innovation.
Bookmark this page for streamlined access to BFRI's latest developments. Combine with SEC filings and medical publications for complete due diligence on the company's dermatology-focused biopharma strategy.
Biofrontera Inc. (NASDAQ:BFRI) announced the completion of the last patient visit in a Phase I study for Ameluz® - PDT aimed at treating mild to severe actinic keratosis (AK). The study, conducted by Biofrontera Bioscience GmbH, explored the safety and tolerability of using three tubes of BF-200 ALA 10% gel in expanded treatment fields. Top line results are anticipated in Q4 2023. CEO Erica Monaco emphasized this milestone as a significant advancement, potentially allowing broader treatment areas and fewer office visits for patients. Actinic keratosis is a common pre-cancerous condition affecting approximately 58 million U.S. residents, highlighting the importance of effective treatment options.
Biofrontera Inc. (NASDAQ:BFRI) announced a significant investment in expanding its salesforce by almost 30%, thereby increasing coverage to 40 territories in 2023. This strategic move aims to enhance outreach for their FDA-approved therapy for actinic keratosis, Ameluz®-PDT, further penetrating dermatology markets. CEO Erica Monaco highlighted the company’s success in 2022, achieving record revenues and market share with a reduced sales team. The addition of 140 years of healthcare experience is expected to bolster growth and market presence. The company remains optimistic about future performance despite potential challenges outlined in their forward-looking statements.
Biofrontera Inc. (NASDAQ:BFRI) is set to showcase its FDA-approved dermatological products at the 2023 American Academy of Dermatology (AAD) Annual Meeting from March 17-21 in New Orleans, LA. The company will demonstrate the photodynamic therapy (PDT) procedure using the RhodoLED lamp at booth #2224. CEO Erica Monaco stated the event is an opportunity to educate dermatologists about the Ameluz PDT therapy for treating actinic keratoses. The AAD Annual Meeting is the largest dermatologic event, attracting about 18,000 attendees, including around 10,000 medical personnel. Biofrontera aims to enhance its outreach among dermatology professionals during this major conference.
Biofrontera (NASDAQ:BFRI) reported strong financial results for 2022, with total revenues reaching $28.7 million, a 19% increase from 2021. The fourth quarter revenues grew 11% year-over-year to $10.1 million. Notably, Ameluz revenues exceeded pre-COVID levels, increasing 12% from the 2019 record. The company plans to expand its sales force to 50-55 by 2025, aiming for a 25% revenue growth in 2023. Despite improving metrics, the net loss for 2022 narrowed to $640,000 from $37.7 million in 2021. Adjusted EBITDA remained negative at $18.1 million.
Biofrontera, Inc. (NASDAQ:BFRI), a biopharmaceutical company focused on dermatological treatments, will present at the 35th Annual ROTH Conference in Laguna Nigel, CA, from March 12-14, 2023. CEO Erica Monaco and CFO Fred Leffler will represent the company. Their presentation is scheduled for March 13, 2023, at 8:00 AM PT, and can be viewed live here. An archive will be available after the event. Biofrontera specializes in photodynamic therapy and topical antibiotics for skin conditions, including actinic keratoses and impetigo. For more details, visit www.biofrontera-us.com.
Biofrontera Inc. (NASDAQ:BFRI) has announced that it will release its fourth quarter and full-year 2022 financial results on March 8, 2023, after the market close. A conference call will follow at 4:30 PM ET to discuss the results. Biofrontera specializes in dermatological products, particularly photodynamic therapy and topical antibiotics for conditions like actinic keratoses and impetigo. Investors can access the conference call using a toll-free number or through a webcast provided in the press release.
Biofrontera, Inc. (NASDAQ:BFRI) has been invited to present at the Third Annual Winter Wonderland - Best Ideas Virtual Investor Conference from February 21 to 24, 2023. CEO Erica Monaco and CFO Fred Leffler will represent the company, with the presentation scheduled for February 21 at 10:00 AM ET. Attendees can engage in one-on-one meetings with management during the conference. The presentation will be available for live streaming and replay. For further details, investors can reach out via email or register online.
Biofrontera specializes in dermatological products, particularly focusing on photodynamic therapy and topical antibiotics.
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