STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Verrica Pharmaceuticals Announces Participation in the Jefferies Virtual London Healthcare Conference

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Verrica Pharmaceuticals (Nasdaq: VRCA) announced that CEO Ted White will present a business overview at the Jefferies Virtual London Healthcare Conference on November 17, 2020. The presentation will be accessible via live webcast on Verrica's website.

The company is developing VP-102, a potential first-in-class treatment for molluscum contagiosum, with plans to resubmit its NDA in early 2021 following feedback from the FDA. VP-102 has completed Phase 2 studies for common and external genital warts, and Verrica is also working on VP-103 for treating plantar warts.

Positive
  • Verrica plans to resubmit its NDA for VP-102 in Q1 2021, indicating progress in regulatory processes.
  • Successful completion of Phase 2 studies for common and external genital warts showcases the potential effectiveness of VP-102.
  • The expected brand name for VP-102, YCANTH™, suggests marketing readiness if approved.
Negative
  • A Complete Response Letter from the FDA regarding VP-102 in July 2020 may create uncertainty for investors.
  • Potential delays in the resubmission process could impact stock performance and investor confidence.

Insights

Analyzing...

WEST CHESTER, Pa., Nov. 12, 2020 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (“Verrica”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that Ted White, Verrica President and CEO, will present a business overview at the Jefferies Virtual London Healthcare Conference on Tuesday, November 17, 2020, at 2:55 p.m. ET. A live webcast of the event can be accessed in the Investors/Presentations & Events section of the Verrica website at http://www.verrica.com. The webcast replay will be available shortly after conclusion of the event for 30 days.

About Verrica Pharmaceuticals Inc.
Verrica is a dermatology therapeutics company developing medications for skin diseases requiring medical interventions. The Company’s late-stage product candidate, VP-102, is a potential first-in-class drug-device combination product containing a topical therapy for the treatment of molluscum contagiosum. Verrica submitted an NDA for VP-102 for the treatment of molluscum in September 2019. A Complete Response Letter was received from the FDA regarding the NDA for VP-102 on July 13, 2020. In October 2020, Verrica participated in a Type A meeting with the FDA. Verrica expects to resubmit its New Drug Application for VP-102 for the treatment of molluscum in the first quarter of 2021. If approved, VP-102 will be marketed in the United States under the conditionally accepted brand name YCANTH™. In addition, Verrica has successfully completed a Phase 2 study of VP-102 for the treatment of common warts and a Phase 2 study of VP-102 for the treatment of external genital warts. The Company is also developing VP-103, its third cantharidin-based product candidate, for the treatment of plantar warts. For more information, visit www.verrica.com.

FOR MORE INFORMATION, PLEASE CONTACT:

Investors:

A. Brian Davis
Chief Financial Officer
484.453.3300 ext. 103
info@verrica.com

William Windham
Solebury Trout
646.378.2946
wwindham@troutgroup.com

Media:

Zara Lockshin
Solebury Trout
646.378.2960
zlockshin@troutgroup.com

FAQ

When will Ted White present at the Jefferies Virtual London Healthcare Conference?

Ted White will present on November 17, 2020, at 2:55 p.m. ET.

What is VP-102 and its significance for Verrica?

VP-102 is a potential first-in-class drug-device combination for treating molluscum contagiosum, currently undergoing resubmission of its NDA.

What were the FDA's concerns regarding VP-102?

The FDA issued a Complete Response Letter in July 2020, which outlined concerns that need to be addressed before approval.

What other products is Verrica Pharmaceuticals developing?

In addition to VP-102, Verrica is also developing VP-103 for plantar warts.
Verrica Pharmaceuticals

NASDAQ:VRCA

VRCA Rankings

VRCA Latest News

VRCA Latest SEC Filings

VRCA Stock Data

36.08M
3.49M
43.45%
26.39%
1.75%
Biotechnology
Pharmaceutical Preparations
Link
United States
WEST CHESTER