FDA approves Verrica's skin infection treatment, enters into non-binding term sheet for $125M loan
Verrica Pharmaceuticals’ drug-device combination product is now the first FDA-approved treatment for molluscum contagiosum, a common skin infection.
On Friday the FDA approved Ycanth, a topical treatment administered by a healthcare provider, for both adults and children aged 2 years and older. The company also announced on Monday that it entered into a non-binding term sheet for up to $125 million in debt financing to support the launch of Ycanth, or cantharidin.
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