{"id":834385,"date":"2025-04-07T08:06:31","date_gmt":"2025-04-07T12:06:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/verrica-pharmaceuticals-reports-strong-demand-led-growth-in-ycanth-dispensed-applicator-units-in-first-quarter-2025\/"},"modified":"2025-04-07T08:06:31","modified_gmt":"2025-04-07T12:06:31","slug":"verrica-pharmaceuticals-reports-strong-demand-led-growth-in-ycanth-dispensed-applicator-units-in-first-quarter-2025","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/verrica-pharmaceuticals-reports-strong-demand-led-growth-in-ycanth-dispensed-applicator-units-in-first-quarter-2025\/","title":{"rendered":"Verrica Pharmaceuticals Reports Strong Demand-Led Growth in YCANTH\u00ae Dispensed Applicator Units in First Quarter 2025"},"content":{"rendered":"
\n

\n \u2013 Company generated quarterly sequential growth with Q1 YCANTH\u00ae<\/sup> dispensed applicator units rising above 10,000 for the first time in a quarter \u2013<\/em>\n <\/p>\n

\n \u2013 As YCANTH distributor inventory levels have normalized, Company expects that dispensed applicator units will now more closely track demand and gross revenue \u2013<\/em>\n <\/p>\n

WEST CHESTER, Pa., April 07, 2025 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (\u201cVerrica\u201d or the \u201cCompany\u201d) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that Company experienced strong demand-led growth for YCANTH\u00ae<\/sup> in the first quarter of 2025, with the number of dispensed applicator units increasing to 10,102 in the first quarter. This first quarter growth represents a sequential increase of 16.7% over the fourth quarter of 2024 (8,654 dispensed applicator units).<\/p>\n

\u201cWe believe the strong performance we experienced for YCANTH in first quarter of 2025 reflects the positive impact from our recent commercial restructuring,\u201d said Jayson Rieger, PhD, MBA, President and Chief Executive Officer of Verrica. \u201cImportantly, our YCANTH distribution inventory has normalized. The sequential growth in the first quarter represents increasing demand for YCANTH by prescribers, which we believe will drive revenue.\u201d Dr. Rieger emphasized, \u201c With strong market access now in place, normalized channel inventory levels, and a more focused commercial team that continues to build solid relationships within the dermatology and pediatric communities, I believe we are now positioned for sustainable revenue growth in 2025 and beyond as we seek to establish YCANTH as the standard of care for the treatment of molluscum contagiosum.\u201d<\/p>\n

\n Company to Participate in Fireside Chat at 24<\/strong>
\n
\n th<\/strong>
\n <\/sup>
\n Annual Needham Virtual Healthcare Conference <\/strong>\n <\/p>\n

As previously announced, Dr. Rieger will participate in a fireside chat at the 24th<\/sup> Annual Needham Virtual Healthcare Conference.<\/p>\n

\n Event details:<\/strong>\n <\/p>\n

Date: Tuesday, April 8, 2025<\/p>\n

Time: 1:30 pm ET<\/p>\n

Location: Virtual<\/p>\n

Participants may access a live webcast of the event by clicking the link here<\/a>.<\/p>\n

The webcast can also be accessed in the Investors\/Presentations & Events section of the Verrica website at www.verrica.com<\/a>. A replay of the webcast will be posted shortly after the presentation and will be available for 90 days following the event.<\/p>\n

\n About YCANTH<\/strong>
\n
\n \u00ae<\/strong>
\n <\/sup>
\n \u00a0(VP-102)<\/strong>
\n
YCANTH\u00ae<\/sup>\u00a0is a proprietary drug-device combination product that contains a GMP-controlled formulation of cantharidin delivered via a single-use applicator that allows for precise topical dosing and targeted administration for the treatment of molluscum. YCANTH\u00ae<\/sup>\u00a0is the first and only commercially available product approved by the FDA to treat adult and pediatric patients two years of age and older with molluscum contagiosum \u2014 a common, highly contagious skin disease that affects an estimated six million people in the United States, primarily children. Approval of YCANTH\u00ae<\/sup>\u00a0was based upon the positive results from two Phase 3 clinical trials in approximately 500 patients which demonstrated that YCANTH\u00ae<\/sup>\u00a0was a safe and effective therapeutic for the treatment of molluscum. Approximately 225 million lives are eligible to receive YCANTH\u00ae<\/sup>\u00a0covered by insurance. YCANTH\u00ae<\/sup>\u00a0is available to all patients with and without insurance coverage for $25 per treatment, and further financial assistance is available for patients in need. Please visit YCANTHPro.com for additional information.<\/p>\n

\n About Verrica Pharmaceuticals Inc.<\/strong>
\n
Verrica is a dermatology therapeutics company developing medications for skin diseases requiring medical interventions. Verrica\u2019s product YCANTH\u00ae<\/sup> (VP-102) (cantharidin), is the first and only commercially available treatment approved by the FDA to treat adult and pediatric patients two years of age and older with molluscum contagiosum, a highly contagious viral skin infection affecting approximately 6 million people in the United States, primarily children. YCANTH\u00ae<\/sup> (VP-102) is also in development to treat common warts, the largest remaining unmet need in medical dermatology. Verrica has also entered a worldwide license agreement with Lytix Biopharma AS to develop and commercialize VP-315 (formerly LTX-315 and VP-LTX-315) for non-melanoma skin cancers including basal cell carcinoma and squamous cell carcinoma. For more information, visit\u00a0www.verrica.com<\/a>.<\/p>\n

\n About Dispensed Applicator Units<\/strong>
\n
Dispensed applicator units represent applicators (a) shipped to healthcare professionals from Verrica\u2019s contracted pharmacy partners for fulfillment, (b) sold by Verrica\u2019s distribution partners to independent and regional pharmacies , and (c) sold to physician offices, hospitals and other clinics on a buy and bill basis.<\/p>\n

\n Forward-Looking Statements <\/strong><\/p>\n

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. These statements may be identified by words such as \u201cbelieve,\u201d \u201cexpect,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cwill,\u201d and similar expressions, and are based on Verrica\u2019s current beliefs and expectations. These forward-looking statements include statements about Verrica\u2019s ability to sustain revenue growth, the commercialization of YCANTH and the clinical development and benefits of Verrica\u2019s product candidates, including YCANTH (VP-102) and VP-315. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements. Risks and uncertainties that may cause actual results to differ materially include risks and uncertainties related to market conditions, satisfaction of customary closing conditions related to the proposed public offering and other risks and uncertainties that are described in Verrica\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 and other filings Verrica makes with the SEC. Any forward-looking statements speak only as of the date of this press release and are based on information available to Verrica as of the date of this release, and Verrica assumes no obligation to, and does not intend to, update any forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n

\n FOR MORE INFORMATION, PLEASE CONTACT:<\/strong>\n <\/p>\n

Investors:<\/p>\n

\n John J Kirby\u00a0<\/strong>
\n
Interim Chief Financial Officer\u00a0
jkirby@verrica.com<\/a><\/p>\n

\n Kevin Gardner<\/strong>
\n
LifeSci Advisors
kgardner@lifesciadvisors.com<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\u2013 Company generated quarterly sequential growth with Q1 YCANTH\u00ae dispensed applicator units rising above 10,000 for the first time in a quarter \u2013 \u2013 As YCANTH distributor inventory levels have normalized, Company expects that dispensed applicator units will now more closely track demand and gross revenue \u2013 WEST CHESTER, Pa., April 07, 2025 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (\u201cVerrica\u201d or the \u201cCompany\u201d) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that Company experienced strong demand-led growth for YCANTH\u00ae in the first quarter of 2025, with the number of dispensed applicator units increasing to 10,102 in the first quarter. This first quarter growth represents a sequential increase of 16.7% over the fourth … <\/p>\n

Continue reading “Verrica Pharmaceuticals Reports Strong Demand-Led Growth in YCANTH\u00ae Dispensed Applicator Units in First Quarter 2025”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-834385","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVerrica Pharmaceuticals Reports Strong Demand-Led Growth in YCANTH\u00ae Dispensed Applicator Units in First Quarter 2025 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/verrica-pharmaceuticals-reports-strong-demand-led-growth-in-ycanth-dispensed-applicator-units-in-first-quarter-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Verrica Pharmaceuticals Reports Strong Demand-Led Growth in YCANTH\u00ae Dispensed Applicator Units in First Quarter 2025 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\u2013 Company generated quarterly sequential growth with Q1 YCANTH\u00ae dispensed applicator units rising above 10,000 for the first time in a quarter \u2013 \u2013 As YCANTH distributor inventory levels have normalized, Company expects that dispensed applicator units will now more closely track demand and gross revenue \u2013 WEST CHESTER, Pa., April 07, 2025 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (\u201cVerrica\u201d or the \u201cCompany\u201d) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that Company experienced strong demand-led growth for YCANTH\u00ae in the first quarter of 2025, with the number of dispensed applicator units increasing to 10,102 in the first quarter. 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(\u201cVerrica\u201d or the \u201cCompany\u201d) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that Company experienced strong demand-led growth for YCANTH\u00ae in the first quarter of 2025, with the number of dispensed applicator units increasing to 10,102 in the first quarter. 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