Tarsus Pharmaceuticals, Inc. Stock Price, News & Analysis

Tarsus Pharmaceuticals (NASDAQ: TARS) provided its 2025 strategic update, highlighting strong performance of XDEMVY and new development plans. The company delivered over 104,000 XDEMVY bottles in the first nine months of 2024, generating more than $113 million in net product sales. More than 13,000 Eye Care Professionals prescribed XDEMVY, with over 70% writing multiple prescriptions.

The company announced plans to advance TP-04 for Ocular Rosacea treatment, a condition affecting 15-18 million Americans with no FDA-approved therapy. A Phase 2 study is planned for second half of 2025. The company expanded its sales force with 50 new representatives in Q3 2024 and launched its first direct-to-consumer TV campaign in January 2025. Insurance coverage now extends to over 80% of lives with a gross-to-net discount in the low 40s.

Tarsus Pharmaceuticals (NASDAQ: TARS) reported Q3 2024 financial results, highlighting $48.1 million in XDEMVY® net product sales, an 18% increase over Q2 2024. The company delivered over 41,400 bottles to patients and expanded coverage to more than 80% of covered lives. Q3 net loss was $23.4 million, improving from $39.1 million in Q3 2023. The company maintains a strong cash position of $317.0 million as of September 30, 2024. New clinical data showed significant improvements in Meibomian Gland Disease measures and patient symptoms.

Tarsus Pharmaceuticals (NASDAQ: TARS) has appointed Dr. Kate Goodrich, current Chief Medical Officer of Humana, to its Board of Directors. Dr. Goodrich brings over two decades of experience in healthcare innovation and value-based initiatives. As Humana's CMO, she leads clinical operations, healthcare research, and health equity initiatives. Previously, she served as CMO at the Centers for Medicare and Medicaid Services (CMS), where she directed the Center for Clinical Standards and Quality. Dr. Goodrich continues her role as a practicing hospitalist and professor at George Washington University Medical Center while serving on multiple healthcare boards.

Tarsus Pharmaceuticals (NASDAQ: TARS) has scheduled its third quarter 2024 financial results announcement and corporate update for Wednesday, November 13, 2024, at 1:30 p.m. PT / 4:30 p.m. ET. The company will host a live webcast of the event, which will be archived on their website for approximately 90 days following the presentation.

Tarsus Pharmaceuticals (NASDAQ: TARS) has appointed Elizabeth Yeu, M.D., as Chief Medical Officer, effective November 4, 2024. Dr. Yeu, who previously served as Chief Medical Advisor since 2020 and Board member since 2021, will lead the company's new Medical Organization. In her role, she will oversee medical affairs and pharmacovigilance teams, including evidence generation, medical education, and patient safety. Dr. Yeu will maintain her clinical practice at Virginia Eye Consultants while serving as CMO, bringing over two decades of ophthalmology experience to the position.

Tarsus Pharmaceuticals (NASDAQ: TARS) has launched a new direct-to-consumer TV campaign for XDEMVY®, the first and only FDA-approved treatment for Demodex blepharitis. The campaign, titled "Your Mitey Problem," creatively showcases the root cause of the disease through a representation of mites on patients' eyelids.

Demodex blepharitis affects approximately 25 million people in the U.S., or 1 in 12 adults. It occurs when Demodex mites overpopulate on the eyelids, causing symptoms like redness, itching, and inflammation. The campaign aims to educate patients about the disease and encourage them to consult eye care providers about XDEMVY.

The multi-channel campaign is live on connected TV devices and streaming channels, with plans to include digital and social media components. Tarsus expects this innovative approach to reach a greater number of patients in need and drive action among providers and patients.

Tarsus Pharmaceuticals (NASDAQ: TARS) has announced its participation in the UBS Virtual Ophthalmology Day 2024. Aziz Mottiwala, Chief Commercial Officer, will engage in a virtual fireside chat on Wednesday, October 2, at 6:00 a.m. PT / 9:00 a.m. ET.

Tarsus, a company focused on addressing unmet needs in eye care through proven science and new technology, will provide a live webcast of the presentation. Interested parties can access the webcast and additional information through the events section of the Tarsus website. A replay of the presentation will be available on the company's website within 48 hours and will be archived for a time.

This participation underscores Tarsus's commitment to revolutionizing treatment for patients, particularly in the field of ophthalmology.

Tarsus Pharmaceuticals (NASDAQ: TARS) has announced its participation in the 2024 Wells Fargo Securities Healthcare Conference in Boston, MA. The company's CEO and Chairman, Bobby Azamian, M.D., Ph.D., along with CFO and Chief Strategy Officer Jeff Farrow, will engage in an in-person fireside chat on Wednesday, September 4, at 11:15 a.m. PT / 2:15 p.m. ET.

Tarsus, focused on addressing unmet needs in healthcare, particularly in eye care, will provide a live webcast of the presentation. Interested parties can access the webcast and additional information through the events section of the Tarsus website. A replay will be available within 48 hours and archived for a time.

Tarsus Pharmaceuticals (NASDAQ: TARS) reported strong Q2 2024 financial results, with XDEMVY® net product sales reaching $40.8 million, a 65% increase from Q1. Year-to-date sales totaled $65.5 million. The company delivered over 37,000 bottles to patients in Q2 and achieved an impressive gross-to-net discount of 44%. Tarsus expanded payer coverage, including Medicare, and is on track to deploy additional sales representatives by Q3 end. Despite the sales growth, Tarsus reported a net loss of $33.3 million for Q2. The company's cash position remains strong at $323.6 million as of June 30, 2024.