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STRATA Skin Sciences Confirms Nasdaq Delisting
Globenewswire· 2026-02-19 21:05
Core Viewpoint - STRATA Skin Sciences, Inc. has filed a Form 25 with the SEC to deregister its common stock and has suspended trading on Nasdaq, indicating a strategic shift to "go dark" and reduce compliance costs [1][2]. Group 1: Company Actions - The company plans to file a Form 15 around March 2, 2026, to terminate the registration of its common stock and suspend reporting obligations under the Exchange Act [1]. - The delisting from Nasdaq is expected to save significant time and money in general and administrative expenses, allowing the company to focus on its operating plan and customer needs [2]. Group 2: Financial Position - STRATA finished the 2025 fiscal year with a strong balance sheet, including $8 million in cash, indicating financial stability [3]. - The company is engaging with its lender to adjust loan terms to reflect its new status as a private company, with management confident in a favorable outcome [3]. Group 3: Strategic Focus - The decision to "go dark" is aimed at minimizing management distractions related to compliance, allowing for a greater focus on long-term value creation and market expansion [2][3]. - The company anticipates leveraging changes in CPT codes to enhance its market position for XTRAC® excimer laser and TheraclearX® users, which could drive future growth [3].
STRATA Skin Sciences Showcases XTRAC® and TheraclearX® at TeraCILAD 2025 — Reports Early Adoption Momentum in Mexico
Globenewswire· 2025-12-09 13:15
Core Insights - STRATA Skin Sciences, Inc. participated in the 2025 Ibero-Latin American Congress of Dermatology (TeraCILAD) showcasing its XTRAC® excimer laser and TheraclearX® acne therapy system [1][4] - By the end of 2025, STRATA expects to have over 12 new recurring TheraclearX® accounts in Mexico, indicating a growing adoption of this acne treatment by dermatologists [1][5] Conference Presentations & Clinical Insights - Dr. Melissa Lomeli presented her experience with TheraclearX® at TeraCILAD, highlighting the potential for acne improvement in just one 20-minute session [3] - Dr. Henry Lim discussed the efficacy of XTRAC 308 nm Excimer Laser Therapy for treating vitiligo, psoriasis, and atopic dermatitis [3] Market Context - STRATA engaged with leading dermatologists at TeraCILAD to present the clinical performance of its technologies, with XTRAC® recognized for treating inflammatory and autoimmune skin disorders and TheraclearX® gaining traction as a non-pharmaceutical acne solution [4][7] - The interest from dermatologists in effective, non-systemic treatment options was evident, reinforcing the value of STRATA's technologies in improving patient outcomes [5] Strategic Outlook - STRATA aims to expand access to advanced dermatology solutions across Latin America and globally, with a focus on engaging key opinion leaders and growing recurring revenue opportunities through device-based therapies [6][8] - The company anticipates that fully developed partner clinics could generate upwards of $30,000 in annual revenue per clinic from TheraclearX® placements [6]
New Peer Reviewed Publication of Combination Therapy in Vitiligo with STRATA Skin Sciences' Excimer Laser and JAK Inhibitors Demonstrated Superior Safety and Unprecedented Response Rates, Providing Continued Validation of Personalized Medicine Approach
Globenewswire· 2025-09-22 12:15
Core Insights - STRATA Skin Sciences, Inc. has highlighted a recent study demonstrating the efficacy of its 308nm Excimer laser combined with a JAK inhibitor for treating localized non-segmental vitiligo, showing superior results compared to monotherapy [1][2][4] Study Findings - The study involved 251 patients and revealed five key findings: 1. Mechanistic synergy between JAK inhibitors and Excimer laser therapy [7] 2. A 14.20% higher repigmentation rate with the combination therapy [7] 3. A 100% significant efficacy rate after 52 weeks of treatment [7] 4. At one-year follow-up, the combination group showed 96.5% pigmentation stability and an 8.8% relapse rate [7] 5. The treatment exhibited an excellent safety profile with no serious adverse events [7] Clinical Validation - The study adds to over 400 existing studies validating the 308nm Excimer laser as a cornerstone therapy for various inflammatory and autoimmune skin diseases [3][4] - The combination therapy is positioned as a personalized medicine approach, allowing for tailored treatment based on laser exposure duration and dosage [3] Company Strategy - The company is pursuing expanded reimbursement for its treatments, leveraging the strong clinical evidence from the recent study [3][4] - STRATA continues to work with regulators to enhance access to its treatment modalities by early 2026 [3]