Arcutis Eyes Atopic Dermatitis Opportunity With Ducentis Buy

Paying Just $16m Upfront In Cash For UK Biotech

09 Sep 2022

Arcutis's CEO believes that with "a modest investment," the company can generate proof-of-concept data "against a de-risked target in a high-value indication,” Ducentis's preclinical atopic dermatits drug DS-234.

Magnet — The attraction of Arcutis proves strong for Ducentis • Source: Shutterstock

Just over a month after getting US approval for Zoryve, a topical cream for psoriasis, Arcutis Biotherapeutics, Inc. is now targeting atopic dermatitis with the proposed purchase of the UK's Ducentis BioTherapeutics Ltd.

The agreement includes an upfront cash payment of $16m and Arcutis stock worth around $14m

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