CONTENTS (68KB) Corporate Mission / The Torii Action Declaration (148KB) Message from the President / Progress of the "Medium … Sumitomo Dainippon Pharma Co., Ltd. Also in August 2020, a U.S. design patent application protecting the design of Verrica’s VP-102 applicator device received an allowance from the United States Patent and Trademark Office (USPTO). Japan, Allergy Publishes Results from BioCryst’s APeX-J Trial of Oral, Once-Daily Berotralstat for the Prevention of HAE Attacks, Verrica Pharmaceuticals Reports Second Quarter 2020 Financial Results, Verrica Pharmaceuticals Announces Option Agreement with Torii Pharmaceutical to Develop & Commercialize VP-102 in Japan, Menlo Therapeutics Reports Second Quarter 2018 Financial Results and Provides Business Update. Changes / Renewal List Our Pharmaceutical investments in research and development continued to fuel exceptional growth as well. WEST CHESTER, PA – Nov. 9, 2020 (GLOBE NEWSWIRE) – Verrica Pharmaceuticals Inc. (“Verrica”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced financial results for the third quarter ended September 30, 2020. Verrica Pharmaceuticals Announces Option Agreement with Torii Pharmaceutical to Develop & Commercialize VP-102 in Japan ... that are described in Verrica’s Annual Report on Form 10 … Torii Pharmaceutical and Minophagen Pharmaceutical to Phase Out Basic Trade Agreement: It was announced today that Torii Pharmaceutical Co., Ltd. (Head Office: Tokyo, President: Norihiko Matsuo, hereinafter referred to as "Torii") and Minophagen Pharmaceutical Co., Ltd. (Head Office: Tokyo, President: Kyozo Utsunomiya, hereinafter referred to as "Minophagen") agreed to phase … (unaudited, in thousands except share and per share data), A. Brian DavisChief Financial Officer484.453.3300 ext. Research and development expenses were $5.0 million in the third quarter of 2020, compared to $3.0 million for the same period in 2019. August 5, 2020 7:00am. Verrica expects to resubmit its New Drug Application for VP-102 for the treatment of molluscum in the first quarter of 2021. About Torii Pharmaceutical Co., Ltd. ... specifically our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8 … 3-4-1 Nihombashihoncho – Verrica completes Type A meeting and expects to resubmit its New Drug Application for VP-102 for the treatment of molluscum in the first quarter of 2021 –. 103info@verrica.com, William Windham Solebury Trout646.378.2946wwindham@troutgroup.com, Zara LockshinSolebury Trout646.378.2960zlockshin@troutgroup.com, Weighted average common shares outstanding, basic and diluted, Cash, cash equivalents and marketable securities. JT concentrates on R&D, while Torii Pharmaceutical Co., Ltd. is in charge of manufacturing, sales, and promotion in the Japanese domestic market. "Annual Report " was updated. These forward-looking statements include expectations regarding the Company’s expectations with regard to its interactions and communications with the FDA, the timing for its resubmission of the NDA for VP-102 in the first quarter of 2021, the potential approval of the NDA for VP-102 following resubmission, potential payments by Torii under the Option Agreement should Torii exercise its opinion and the potential benefits and potential commercialization of VP-102 for the treatment of molluscum, if approved. Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Our pharmaceutical business value chain * Stock analysis for Torii Pharmaceutical Co Ltd (4551:Tokyo) including stock price, stock chart, company news, key statistics, fundamentals and company profile. In addition to Torii’s independent activities, Torii‘s partnership with JT includes in-licensing of high-quality pharmaceuticals. Torii is a member of Japan Tobacco Inc. (JT) group. About Torii Pharmaceutical Co., Ltd. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The Company promotes medical products of its parent company, Japan Tobacco. The corporate mission of Torii Pharmaceutical Co., Ltd. is to contribute to the improvement of human health and to fulfill its responsibilities to customers, shareholders, society and employees, by supplying world-class pharmaceutical products. Torii Pharmaceutical Co., Ltd. operates in the Pharmaceutical preparations sector. BioCryst Pharmaceuticals News - BCRX . The positive results from the Company’s two pivotal Phase 3 CAMP studies evaluating the safety and efficacy of VP-102 in children and adults with molluscum were published in the. As of September 30, 2020, Verrica had aggregate cash, cash equivalents, and marketable securities of $71.9 million, which the Company believes will be sufficient to support planned operations at least through the fourth quarter of 2021. Verrica is a dermatology therapeutics company developing medications for skin diseases requiring medical interventions. Risks and uncertainties that may cause actual results to differ materially include uncertainties inherent in the drug development process and the regulatory approval process, Verrica’s reliance on third parties over which it may not always have full control, uncertainties related to the COVID-19 pandemic and other risks and uncertainties that are described in Verrica’s Annual Report on Form 10-K for the year ended December 31, 2019, Verrica’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, and other filings Verrica makes with the U.S. Securities and Exchange Commission. Verrica submitted an NDA for VP-102 for the treatment of molluscum in September 2019. Verrica reported a net loss of $29.7 million for the nine months ended September 30, 2020, compared to a $20.6 million net loss for the same period in 2019. The increase was primarily a result of expenses related to increased headcount, an increase in insurance, professional fees and other operating costs, and an increase in expenses related to pre-commercial activities for VP-102. Verrica reported a net loss of $29.7 million for the nine months ended September 30, 2020, compared to a $20.6 million net loss for the same period in 2019. In October 2020, Verrica participated in a Type A meeting with the FDA. In October 2020, Verrica participated in a Type A meeting with the FDA to discuss issues raised in the Complete Response Letter for the NDA for VP-102 for the treatment of molluscum. Annual Report 2 0 1 6 Annual Report 2016 Securities Code 4506. In August 2020, Verrica was granted a United States utility patent (US 10,745,413) protecting synthetic methods for manufacturing cantharidin. General and administrative expenses were $4.6 million in the third quarter of 2020, compared to $3.5 million for the same period in 2019. In addition, we have continued to engage with Torii as they evaluate the option to exclusively license VP-102 in Japan for the treatment of molluscum contagiosum and common warts. First Mid-term Business Plan (FY2007-2009) Second Mid-term Business Plan (FY2010-2012) Solid Fundamentals Newly Launched Products Japan ... concluded with Torii Pharmaceutical. Follow BCRX. --BioCryst Pharmaceuticals, Inc. today announced that it has licensed commercialization rights in Japan to Torii Pharmaceutical, Co. for BCX7353, an oral, once-daily treatment for … The Company is also developing VP-103, its third cantharidin-based product candidate, for the treatment of plantar warts. We also strategically expanded our product portfolio into dermatologic cancers, with an initial focus on non-melanoma skin cancers, one of the most common disease states in dermatology.”, Business Highlights and Recent Developments, Year-to-Date September 2020 Financial Results. 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