Business
Verrica Pharmaceuticals Announces First Sale of YCANTH™ to FFF Enterprises
YCANTH™ is the first and only FDA-approved treatment for molluscum, a highly contagious viral skin infection affecting approximately 6 million people annually
About this update from Verrica Pharmaceuticals Inc.
[{"type":"text","content":"YCANTH™ is the first and only FDA-approved treatment for molluscum, a highly contagious viral skin infection affecting approximately 6 million people annually in the United States, primarily children FFF Enterprises is Verrica’s exclusive distribution partner for YCANTH™ WEST CHESTER, Pa., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (“Verrica” or “the Company”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced the first commercial sale of YCANTH™ to its exclusive distributor, FFF Enterprises Inc. (“FFF”). “We are pleased to announce the first commercial sale of YCANTH™ to our exclusive distribution partner FFF Enterprises,” said Ted White, President and Chief Executive Officer of Verrica Pharmaceuticals. “As one of the nation’s most trusted specialty pharmaceutical distributors, FFF is well positioned to help Verrica introduce YCANTH™ as the first FDA-approved therapy for the treatment of molluscum contagiosum in the U.S. With this first commercial sale of YCANTH™, we continue to execute our launch plans and we look forward to providing a more detailed update on our progress in November.” “FFF has a well-established reputation for partnering with companies like Verrica that develop innovative products to address a significant unmet medical need,” said Patrick M. Schmidt, the founder and Chief Executive Officer of FFF. “As the first FDA-approved product to treat molluscum, YCANTH™ clearly addresses a significant unmet need for the millions of children and adults with this viral skin disease. Through this distribution partnership with Verrica, we plan to introduce YCANTH™ into the U.S. dermatology and pediatric communities so that millions of patients can finally gain access to the first FDA-approved therapy for the treatment of molluscum.” “FFF has consistently demonstrated true partnership and customer centricity that we value at Verrica,” said Joe Bonaccorso, Chief Commercial Officer of Verrica Pharmaceuticals. “With our sales and marketing team fully in place, we are excited to work in partnership with FFF so this large and underserved patient population can benefit from YCANTH™ therapy.” About FFF Enterprises Founded in 1988, FFF Enterprises Inc. is a privately held, multibillion-dollar specialty pharmaceutical distri...