Welcome to our dedicated page for Verrica Pharmaceuticals news (Ticker: VRCA), a resource for investors and traders seeking the latest updates and insights on Verrica Pharmaceuticals stock.
Verrica Pharmaceuticals Inc. (Nasdaq: VRCA) is a dermatology therapeutics company whose news flow centers on clinical milestones, regulatory developments, commercial progress and financing activities related to its skin disease portfolio. The company’s updates frequently highlight YCANTH® (VP-102), a cantharidin-based, healthcare professional-administered treatment approved by the FDA for molluscum contagiosum, and its expansion into new indications and geographies.
Investors following VRCA news can expect regular announcements on YCANTH’s commercial performance in the United States, including dispensed applicator trends and net product revenue, as well as collaboration and milestone revenue from Torii Pharmaceutical Co. Ltd. in Japan. News items also cover regulatory interactions, such as positive feedback from the European Medicines Agency’s Committee for Medicinal Products for Human Use supporting a Marketing Authorization Application for YCANTH in the European Union, and approval of TO-208 (YCANTH) for molluscum contagiosum in Japan.
Another major theme in Verrica’s news is pipeline progress. The company reports data from clinical trials of YCANTH in common warts, including Phase 2 results and the initiation of a global Phase 3 program, and provides detailed updates on VP-315, its oncolytic peptide immunotherapy for non-melanoma skin cancers such as basal cell carcinoma. Presentations at scientific meetings, exploratory immunologic analyses and alignment with the U.S. Food and Drug Administration on Phase 3 study designs are common subjects of these releases.
VRCA news also includes corporate and capital markets developments, such as private placement financings, reverse stock split actions, Nasdaq listing compliance updates and conference presentations at investor events. For readers interested in dermatology therapeutics, viral skin infections and non-melanoma skin cancer programs, the Verrica news page offers a consolidated view of the company’s clinical, regulatory, commercial and financial disclosures over time.
Verrica Pharmaceuticals announced an amendment to its collaboration with Torii Pharmaceutical to jointly conduct a global pivotal Phase 3 clinical trial for YCANTH® in treating common warts, expected to start in the first half of 2025. The cost will be equally shared, with Torii funding Verrica's portion through future payment offsets. Verrica highlighted the significant commercial prospects for YCANTH, given the 22 million common wart patients in the U.S. alone and no FDA-approved treatments. Torii will also make an $8 million milestone payment to Verrica upon the first patient dosing in Japan. The trial's initiation depends on feedback from the FDA and Japan's PMDA.
Verrica Pharmaceuticals Inc. reported $3.2M revenue for YCANTH® in Q1 2024. Over 228M lives covered by commercial insurance. Phase 2 results for VP-315 expected in Q2 2024. Conference call scheduled. Key achievements include FDA status, J-Code, and distribution agreements. Financially, $3.2M in product revenue, $0.6M in collaboration revenue. Increased expenses in SG&A and R&D. Net loss of $20.3M.
Verrica Pharmaceuticals Inc. announced that its President and CEO will present at upcoming investor conferences hosted by RBC Capital Markets and HCW BioConnect. The webcasts can be accessed on the company's website for 90 days after the events.
Verrica Pharmaceuticals Inc. will provide a corporate update and report its first-quarter 2024 financial results on May 13, 2024. The company, focused on dermatology therapeutics, will host a conference call and live webcast to discuss its financial performance and future prospects. Investors can participate via telephone or webcast to learn about Verrica's progress and financial status.
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