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Pelthos Therapeutics Expands Board of Directors with the Appointment of Andrew Einhorn
Globenewswire· 2025-12-23 22:57
Core Viewpoint - Pelthos Therapeutics Inc. has appointed Andrew J. Einhorn to its Board of Directors, effective immediately, to enhance its strategic financial guidance as it grows as a commercially focused biopharmaceutical company [1][3]. Company Overview - Pelthos Therapeutics is a biopharmaceutical company dedicated to commercializing innovative therapeutic products for unmet patient needs, with its lead product ZELSUVMI™ (berdazimer) topical gel approved by the U.S. FDA in 2024 for treating molluscum contagiosum [5]. Leadership Addition - Andrew J. Einhorn brings over four decades of experience in finance, capital markets, and life sciences, having held C-level finance roles and worked in investment banking [2][4]. - His appointment increases the Pelthos Board to eight directors, and he will also serve on the Audit Committee and Compensation Committee [1][3]. Strategic Importance - Einhorn's extensive experience in accelerating growth at public and private life science companies is expected to be critical for Pelthos as it aims to expand its commercial focus [3][4]. - The company is optimistic about its future, with Einhorn expressing excitement about collaborating with the Board to enhance Pelthos' mission [5].
Pelthos Therapeutics Signs Major Pharmacy Benefit Manager Agreement Expanding Patient Access to ZELSUVMI™ (berdazimer) Topical Gel, 10.3%
Globenewswire· 2025-12-04 12:00
ZELSUVMI is the first and only FDA-approved at-home treatment for molluscum contagiosum, a highly contagious viral skin condition affecting an estimated 16.7 million people, with up to 6 million new incidents reported every year in the United States DURHAM, N.C., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Pelthos Therapeutics Inc. (NYSE American: PTHS), a biopharmaceutical company committed to commercializing innovative therapeutic products for unmet patient needs (“Pelthos”), today announced it has signed its first ...
Pelthos Therapeutics to Present at the Piper Sandler 37th Annual Healthcare Conference
Globenewswire· 2025-12-02 13:00
DURHAM, N.C., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Pelthos Therapeutics Inc. (NYSE American: PTHS), a biopharmaceutical company committed to commercializing innovative therapeutic products for unmet patient needs (“Pelthos”), today announced that Pelthos’ CEO Scott Plesha will participate in a fireside chat at the Piper Sandler 37th Annual Healthcare Conference (the “Conference”) on December 4, 2025 at 9:30 a.m. Eastern Time at The Lotte New York Palace located at 455 Madison Avenue, New York, NY 10022. Instit ...
Pelthos Therapeutics Acquires Xepi® (ozenoxacin) Cream, 1% and Announces $18 Million Private Convertible Notes Financing
Globenewswire· 2025-11-07 13:00
Core Viewpoint - Pelthos Therapeutics has acquired U.S. commercialization rights to Xepi® (ozenoxacin) Cream, a topical treatment for impetigo, marking a significant step in addressing unmet patient needs in pediatric dermatology [1][4][8] Acquisition Details - Pelthos will pay a total of $4.2 million upfront for the acquisition, consisting of $3.0 million to Biofrontera and $1.2 million to Ferrer, with additional payments tied to commercial availability and sales milestones [3][4] - The acquisition is expected to enhance Pelthos's portfolio, which is anchored by its existing product ZELSUVMI™ [8][10] Market Context - Impetigo affects approximately 3 million people annually in the U.S., predominantly children aged 2 to 5, highlighting a significant market opportunity for Xepi [5][8] - The rise of bacterial resistance to common topical antibiotics has created a pressing need for effective alternatives, positioning Xepi as a critical treatment option [6][8] Financing Details - Pelthos has secured $18 million through private convertible notes financing, which will support the acquisition and re-launch of Xepi, as well as the commercialization of ZELSUVMI [2][7][9] - The notes will bear an interest rate of 8.5% per annum and are convertible at an initial price of $34.442 [7][10] Strategic Implications - The acquisition and financing are seen as strategic moves to bolster Pelthos's commercial growth and leverage its existing infrastructure to promote multiple innovative brands [4][10] - The company plans to re-launch Xepi in late 2026, aiming to provide a novel treatment option in the pediatric dermatology space [4][8]
Pelthos Therapeutics Acquires Xepi® (ozenoxacin) Cream, 1% and Announces $18 Million Private Convertible Notes Financing
Globenewswire· 2025-11-07 13:00
Core Viewpoint - Pelthos Therapeutics has acquired U.S. commercialization rights to Xepi® (ozenoxacin) Cream, a topical treatment for impetigo, marking a significant step in addressing unmet patient needs in pediatric dermatology [1][4][8] Acquisition Details - Pelthos will pay a total of $4.2 million upfront for the acquisition, consisting of $3.0 million to Biofrontera and $1.2 million to Ferrer, with additional payments tied to commercial availability and sales milestones [3] - The acquisition is expected to enhance Pelthos's portfolio, which is anchored by its existing product ZELSUVMI™ [8] Market Context - Impetigo affects approximately 3 million people annually in the U.S., predominantly children aged 2 to 5, highlighting a significant market opportunity for Xepi [5][8] - The need for effective alternatives to traditional treatments is underscored by rising bacterial resistance, particularly to commonly used topical antibiotics [6] Financing Details - Pelthos has secured $18 million through private convertible notes financing, which will support the acquisition and re-launch of Xepi, as well as the commercialization of ZELSUVMI [2][7][10] - The notes will bear an interest rate of 8.5% per annum and are convertible at an initial price of $34.442 [7] Strategic Implications - The acquisition of Xepi is seen as a strategic move to leverage Pelthos's existing commercial infrastructure and expand its product offerings in the pediatric and dermatology markets [4][10] - The company aims to re-launch Xepi in late 2026, positioning it as a critical treatment option amid growing concerns over antibiotic resistance [4][8]
Pelthos Therapeutics to Report Third Quarter 2025 Financial Results on November 13, 2025
Globenewswire· 2025-11-05 13:00
Core Viewpoint - Pelthos Therapeutics Inc. will hold a conference call on November 13, 2025, to discuss its third-quarter financial results for the period ending September 30, 2025 [1][2] Company Overview - Pelthos Therapeutics is a biopharmaceutical company focused on commercializing innovative therapeutic products for unmet patient needs [2] - The company's lead product, ZELSUVMI™ (berdazimer) topical gel, 10.3%, was approved by the U.S. Food and Drug Administration in 2024 for the treatment of molluscum contagiosum [2]
Pelthos Therapeutics Launches Moms Against Molluscum Movement to Unite Families Affected by Molluscum Contagiosum
Globenewswire· 2025-10-09 12:00
Core Insights - Pelthos Therapeutics Inc. has launched the "Moms Against Molluscum" movement to support families dealing with molluscum contagiosum, a highly contagious skin infection affecting millions, particularly children [1][8]. Company Overview - Pelthos Therapeutics is a biopharmaceutical company focused on developing innovative therapeutic products for unmet patient needs, with its lead product being ZELSUVMI™ (berdazimer) topical gel, approved for treating molluscum contagiosum [13]. Product Information - ZELSUVMI is a topical nitric oxide-releasing gel, effective for treating molluscum in patients aged one year and older, and is the first FDA-approved at-home treatment for this condition [4][10]. - The product was launched in July 2025 and is designed for convenient application, allowing treatment at home or on-the-go [4][10]. Market Context - Molluscum contagiosum affects an estimated 16.7 million people in the U.S., with around 6 million new cases annually, primarily among children [2][7]. - Approximately 41% of children with molluscum will transmit the infection to others in their household, highlighting the need for effective treatment options [2]. Community Engagement - The "Moms Against Molluscum" movement aims to empower families to share their experiences and educate them about new treatment options, fostering a supportive community [5][6]. - Pelthos is actively promoting this initiative through social media to raise awareness and encourage discussions about molluscum contagiosum [6].
Pelthos Therapeutics to Participate in the 2025 Wells Fargo Healthcare Conference
Globenewswire· 2025-09-02 12:00
Core Viewpoint - Pelthos Therapeutics Inc. is actively participating in the Wells Fargo Healthcare Conference, showcasing its commitment to addressing unmet patient needs through innovative therapeutic products [1][2]. Company Overview - Pelthos Therapeutics is a biopharmaceutical company focused on commercializing safe and effective therapeutic products for patients with unmet treatment burdens [3]. - The company's lead product, ZELSUVMI™ (berdazimer) topical gel, 10.3%, received FDA approval in 2024 for the treatment of molluscum contagiosum [3]. Event Details - The management presentation at the Wells Fargo Healthcare Conference is scheduled for September 3, 2025, at 1:30 p.m. E.T. [1]. - A webcast of the presentation will be available on Pelthos' website, with archived replays accessible for 90 days post-event [2].
Pelthos Therapeutics Launches ZELSUVMI™ (berdazimer) Topical Gel 10.3%, the First and Only FDA-Approved At-Home Treatment for Molluscum Contagiosum
Globenewswire· 2025-07-10 12:00
Core Insights - Pelthos Therapeutics Inc. has launched ZELSUVMI™ (berdazimer) topical gel, a novel treatment for molluscum contagiosum, which is the first prescription therapy approved for at-home use by patients and caregivers [1][7][10] - The product received Novel Drug designation from the U.S. FDA in January 2024 and is aimed at addressing a significant unmet medical need for patients suffering from this highly contagious viral skin condition [1][7][10] Company Overview - Pelthos Therapeutics is a biopharmaceutical company focused on commercializing innovative therapeutic products to meet high unmet patient needs [10] - The company’s lead product, ZELSUVMI, was approved by the U.S. FDA in 2024 and is designed to be safe and effective for treating molluscum contagiosum [10] Product Details - ZELSUVMI is a once-daily topical gel that releases nitric oxide, indicated for the treatment of molluscum contagiosum in patients aged one year and older [7][10] - The product was validated through a Phase 3 clinical trial involving 891 patients, showing nearly 33% complete clearance of lesions at week twelve compared to 19.7% in the control group [2][7] Market Need - Molluscum contagiosum affects an estimated 16.7 million people in the U.S., with up to 6 million new cases annually, primarily among children [4][5] - Many parents delay treatment due to the inconvenience of current procedural options, highlighting the need for an effective at-home treatment like ZELSUVMI [3][4] Commercial Strategy - Pelthos has initiated the ZelsuvmiGo patient support program to facilitate patient onboarding and provide resources for caregivers [3] - The company has hired 50 sales territory managers to promote ZELSUVMI to physicians treating high volumes of molluscum patients and has implemented extensive digital outreach efforts [3][5]
Pelthos Therapeutics Completes Merger with Channel Therapeutics and Closes $50.1 Million Private Placement
GlobeNewswire News Room· 2025-07-02 11:00
Core Viewpoint - The merger between Channel Therapeutics Corporation and LNHC, Inc. has been completed, leading to the formation of Pelthos Therapeutics Inc., which will focus on launching ZELSUVMI™ for treating molluscum contagiosum infections starting July 2025 [1][2]. Company Overview - Pelthos Therapeutics Inc. is a biopharmaceutical company dedicated to commercializing innovative therapeutic products for high unmet patient needs [1][7]. - The company will trade on the NYSE American exchange under the ticker symbol "PTHS" beginning July 2, 2025 [1]. Merger Details - The merger involved CHRO Merger Sub Inc., a subsidiary of Channel Therapeutics, merging with LNHC, Inc., a subsidiary of Ligand Pharmaceuticals, with LNHC continuing as a subsidiary of Channel [1]. - The merger is seen as a significant milestone for Pelthos, facilitating the launch of ZELSUVMI™ and creating shareholder value [2][5]. Financial Aspects - Concurrent with the merger, Pelthos closed a $50.1 million equity private placement from strategic investors, which includes the cancellation of approximately $18.8 million in bridge capital previously advanced to support ZELSUVMI™'s commercial launch [3][5]. - The private placement involves investments in Series A Convertible Preferred Stock and common stock [3]. Product Information - ZELSUVMI™ (berdazimer) is a topical gel approved for treating molluscum contagiosum in adults and pediatric patients aged one year and older [4][6]. - It is the first and only prescription medication for this condition that can be administered at home, making it a novel treatment option [4][6]. - The product was developed using Pelthos' proprietary nitric oxide-based technology platform, NITRICIL™ [6]. Market Opportunity - Molluscum contagiosum is a common skin infection affecting an estimated 16.7 million people in the United States, indicating a significant market opportunity for ZELSUVMI™ [4].