Arcutis Biotherapeutics Reveals Promising Data From Lead Drug In Pediatric Patients With Atopic Dermatitis
Portfolio Pulse from Vandana Singh
Arcutis Biotherapeutics Inc announced that its INTEGUMENT-PED Phase 3 trial of roflumilast cream 0.05% for children with atopic dermatitis met its primary and all secondary endpoints. The company plans to submit a supplemental New Drug Application for the cream for children aged 2 to 5 years, following potential approval of roflumilast cream 0.15% for adults and children aged six years and older. ARQT shares are down 0.47% at $6.46.
September 19, 2023 | 4:20 pm
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POSITIVE IMPACT
Arcutis Biotherapeutics' successful trial results for roflumilast cream 0.05% could lead to a new product offering, potentially boosting future revenues. However, ARQT shares are currently down 0.47%.
The successful trial results indicate a high likelihood of regulatory approval for the new drug, which could lead to increased revenues for Arcutis Biotherapeutics. However, the current drop in share price suggests that the market has not yet fully absorbed this positive news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100