Veradermics is trading at $133.00, up 4.63%, after its Phase 3 Study 304 met all primary and secondary endpoints.
- On October 19, the company reported statistically significant improvements in hair count and patient-reported outcomes versus placebo for its oral hair-loss treatment VDPHL01.
- Biotech-sector strength may provide additional support, but the trial results are the clearest identified catalyst. Shares closed at $127.11 on October 20, up 3.95%.