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Verrica Pharmaceuticals SEC Filings

VRCA NASDAQ

Welcome to our dedicated page for Verrica Pharmaceuticals SEC filings (Ticker: VRCA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

Parsing Verrica Pharmaceuticals’ SEC filings can feel like reviewing a clinical protocol—dense tables on R&D spend, detailed trial updates on YCANTH, and pages of license obligations. Yet those details matter when you’re judging cash runway or the odds of FDA approval. That’s where Stock Titan steps in.

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Rhea-AI Summary

Verrica Pharmaceuticals Inc. (VRCA) filed an 8-K to disclose a Second Amendment to its March 2021 Collaboration and License Agreement with Torii Pharmaceutical Co., Ltd.

  • Up-front cash: Torii will pay Verrica an $8.0 million milestone tied to the ongoing global Phase 3 trial of YCANTH (VP-102) for common warts.
  • Cost-sharing: The parties will continue to split trial expenses 50/50. Torii will advance the first $40.0 million of out-of-pocket costs; Verrica will subsequently reimburse Torii for half. If expenses exceed $40 million, Verrica will fund the overage (up to a stated cap) and Torii will reimburse 50% of that excess.
  • Additional milestone: Torii agreed to a separate $10.0 million cash payment upon Japanese approval of YCANTH for molluscum contagiosum—paid in cash rather than as a trial-cost offset.
  • Manufacturing rights: A technology-transfer program will allow Torii to manufacture the product. Until partial transfer is complete, Torii will buy commercial supply from Verrica at transfer pricing; thereafter Verrica will receive quarterly royalties in the high-single- to low-double-digit range.
  • All other material terms of the original agreement remain unchanged.

The amendment improves Verrica’s near-term liquidity via non-dilutive funding, caps some development risk, and may accelerate commercial scale-up in Japan. A press release announcing the amendment (Exhibit 99.1) was issued on July 1, 2025.

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FAQ

What is the current stock price of Verrica Pharmaceuticals (VRCA)?

The current stock price of Verrica Pharmaceuticals (VRCA) is $0.7067 as of July 3, 2025.

What is the market cap of Verrica Pharmaceuticals (VRCA)?

The market cap of Verrica Pharmaceuticals (VRCA) is approximately 53.9M.

What is the core focus of Verrica Pharmaceuticals?

Verrica Pharmaceuticals is focused on developing and commercializing innovative dermatology therapeutics that address unmet needs in the treatment of various skin diseases, including molluscum contagiosum, common warts, and certain skin cancers.

What is YCANTH and why is it significant?

YCANTH (VP-102) is a proprietary, FDA-approved drug-device combination therapy that uses a GMP-controlled cantharidin formulation for the treatment of molluscum contagiosum, providing a novel and precise treatment option for this skin condition.

What conditions are targeted by Verrica�s product pipeline?

The company targets a range of dermatologic conditions, including molluscum contagiosum, common warts, external genital warts, plantar warts, and certain non-melanoma skin cancers, ensuring a broad impact in medical dermatology.

How does Verrica Pharmaceuticals maintain clinical and regulatory excellence?

Verrica employs a rigorous clinical development process, adhering to stringent regulatory requirements. Their focus on high-quality clinical trials and strategic regulatory designations underscores their commitment to patient safety and therapeutic efficacy.

What role do strategic partnerships play in Verrica's business model?

Strategic partnerships, such as the licensing agreement with Lytix Biopharma, play a crucial role in expanding Verrica's product development and commercialization capabilities, allowing for the integration of external expertise and global market reach.

What is VP-315 and what potential does it hold?

VP-315 is a novel oncolytic peptide designed for dermatologic oncology indications, including non-melanoma skin cancers such as basal cell carcinoma and squamous cell carcinoma. Its mechanism of inducing immunogenic cell death offers a potential non-surgical alternative for patients.

How does Verrica Pharmaceuticals differentiate itself within the dermatology market?

Verrica differentiates itself through its advanced drug-device combination technology, precision dosing mechanisms, and a robust clinical pipeline that directly addresses significant unmet needs in skin disease treatment.

Are Verrica's treatments available for home use?

No, Verrica's products, including YCANTH, are designed to be administered by trained healthcare professionals to ensure proper dosing and patient safety.
Verrica Pharmaceuticals

NASDAQ:VRCA

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53.88M
51.35M
43.3%
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2.24%
Biotechnology
Pharmaceutical Preparations
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United States
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