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Tuesday, May 4, 2021

Arcutis Q1 results, business update

 

  • New Drug Application (NDA) submission for topical roflumilast cream as a potential treatment for plaque psoriasis anticipated in the second half of 2021

  • Positive Phase 3 results for topical roflumilast cream in plaque psoriasis announced in February

  • Advancing topical roflumilast foam into Phase 3 development for the treatment of scalp psoriasis with a single pivotal trial

  • Progressing topical roflumilast foam into Phase 3 development in seborrheic dermatitis with a single pivotal trial

  • Pivotal Phase 3 trials of topical roflumilast cream in atopic dermatitis initiated in January

  • Phase 1/2b study of ARQ-252 in chronic hand eczema did not meet its primary endpoint

  • Strong financial position with over $440 million in cash, cash equivalents and marketable securities providing cash runway well into 2023

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