Dermata Therapeutics Provides Corporate Update and Reports Year End 2024 Financial Results
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Dermata Therapeutics announced its 2024 financial results and provided a corporate update. The company expects to release topline results from its Phase 3 STAR-1 trial for acne treatment by March 2025. Dermata also entered a collaboration with Revance Therapeutics for a new treatment study and raised $2.55 million in a private placement.
March 17, 2025 | 8:30 pm
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Dermata Therapeutics is set to announce results from its Phase 3 STAR-1 trial by March 2025, which could significantly impact its stock. The company also raised $2.55 million and entered a collaboration with Revance Therapeutics.
The upcoming Phase 3 trial results are critical for Dermata's future prospects, potentially affecting its stock price. The recent financing and collaboration with Revance also indicate strategic growth and development, likely boosting investor confidence.
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