financetom
Business
financetom
/
Business
/
What's Going On With Journey Medical Stock Today?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Journey Medical Stock Today?
Nov 4, 2024 12:02 PM

Journey Medical ( DERM ) shares are trading higher Monday after the company announced the U.S. Food and Drug Administration approved its Emrosi drug for the treatment of rosacea.

What Happened: The FDA has approved Journey Medical’s Emrosi, formerly known as DFD-29, for the treatment of inflammatory lesions of rosacea in adults. 

The approval was supported by positive data from the company’s two Phase 3 clinical trials, which met all co-primary and secondary endpoints. Journey Medical ( DERM ) said Emrosi demonstrated statistically significant superiority over both the current standard-of-care treatment, Oracea, and placebo.

Journey Medical ( DERM ) announced that it’s in the process of completing the manufacturing of Emrosi for the U.S. market. The company expects initial supply of the drug to be available late in the first quarter or early in the second quarter of 2025.

“With approval from the FDA, Journey Medical ( DERM ) is proud to deliver Emrosi, a unique treatment option for the millions of patients in the U.S. suffering from rosacea,” said Claude Maraoui, co-founder, president and CEO of Journey Medical ( DERM ).

“Rosacea is a difficult to treat skin condition and based on the favorable results from our Phase 3 clinical trials, Emrosi has potential to become the best-in-class oral medication to treat the condition. Our seasoned dermatology-focused sales force is now preparing for a successful launch and to establish Emrosi as a new standard of care in the treatment of rosacea.”

Journey Medical ( DERM ) said it intends to commercialize Emrosi in the U.S. with its dermatology-focused commercial organization. The company aims to execute a launch strategy to help push Emrosi toward becoming the new oral standard of care for adult rosacea patients.

See Also: Jim Cramer Says Vertex Doing ‘Lord’s Work’: Can Q3 Earnings Outshine Bearish Charts?

DERM Price Action: Journey Medical ( DERM ) shares were up 3.40% at $6.38 at the time of publication, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Some Indian refiners to move away from Russian oil, sources say
Some Indian refiners to move away from Russian oil, sources say
Oct 16, 2025
* Trump says Modi has assured him that India will stop its buying * Russia remains India's top source of oil imports (Recasts with detail on refiners, context) By Nidhi Verma NEW DELHI, Oct 16 (Reuters) - Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after U.S. President Donald Trump said India...
M&T Bank Q3 Non-GAAP Earnings, Revenue Rise
M&T Bank Q3 Non-GAAP Earnings, Revenue Rise
Oct 16, 2025
06:09 AM EDT, 10/16/2025 (MT Newswires) -- M&T Bank ( MTB ) reported Q3 non-GAAP net operating earnings Thursday of $4.87 per diluted share, up from $4.08 a year earlier. Analysts polled by FactSet expected $4.39. Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $2.51 billion, up from...
Commerce Bancshares' Q3 profit and revenue miss estimates
Commerce Bancshares' Q3 profit and revenue miss estimates
Oct 16, 2025
Overview * Commerce Bancshares ( CBSH ) Q3 revenue, EPS, and net income all missed analyst expectations * Company maintained strong credit quality with non-accrual loans at .09% of total loans * Commerce Bancshares ( CBSH ) to close FineMark acquisition on January 1, 2026 Outlook * Company did not provide specific financial guidance for future quarters or full year...
Trump Hosts White House Dinner for Ballroom Donors
Trump Hosts White House Dinner for Ballroom Donors
Oct 16, 2025
06:10 AM EDT, 10/16/2025 (MT Newswires) -- US President Donald Trump hosted a dinner at the White House on Wednesday evening for corporate executives and wealthy individuals who have pledged contributions to the White House's new $250 million ballroom under construction. Companies represented at the East Room event included Microsoft ( MSFT ) , Alphabet's Google ( GOOG ) ,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved