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Verrica Pharmaceuticals (VRCA) investor relations material
Verrica Pharmaceuticals H.C. Wainwright 27th Annual Global Investment Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Business overview and recent progress
Focused on dermatology with two late-stage assets addressing unmet needs in molluscum contagiosum and common warts.
CEO rejoined about a year ago to reframe commercial strategy and pipeline execution.
Achieved sequential quarter-over-quarter growth in dispensed units for Wycanth, the commercial asset for molluscum.
Wycanth has permanent J code, NC designation, and Orange Book listing.
Partnership with Torii Pharmaceutical in Japan includes milestone payments and global Phase III program for common warts.
Product pipeline and clinical data
Wycanth is FDA-approved for molluscum contagiosum in patients aged two and up, with strong clinical data showing rapid and significant lesion clearance.
Adverse events are mostly mild to moderate local skin reactions; no serious events reported.
Phase II program for common warts showed 51% complete resolution and robust persistence; global Phase III to start by year-end.
VP315 for basal cell carcinoma completed Phase II, showing 51% complete histological clearance and 86% tumor size reduction.
No treatment-related adverse events in VP315 Phase II; dual mechanism of action supports further development.
Commercial strategy and market access
Expanded access for Wycanth to pediatricians, dermatologists, and primary care, with dual buy-and-bill and specialty pharmacy options.
Robust Medicaid and commercial insurance coverage, with $25 copay assistance for up to two applicators.
Endorsement by AAP Red Book in 2024 highlights Wycanth's active ingredient as a preferred treatment.
Incremental revenue opportunity for clinicians via procedure codes; 225 million lives covered under insurance programs.
Specialty pharmacy delivery optimized for national and local access.
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