Recently Listed Derma Firm Set for Phase III Acne Trial with NCE

Cosmo Pharmaceuticals SpA spin-off Cassiopea SpA, the Swiss-listed, dermatology-focused company that raised CHF175.6m ($180m) in an initial public offering (IPO) in early July this year, is set to begin Phase III trials with its lead product candidate, a first-in-class acne treatment, in October. Some analysts have forecast $350m in peak US sales for Winlevi.