Dermatology biotech company Signum Dermalogix has entered into an agreement with Dermata Therapeutics to develop a tropical product to treat rosacea.
SIG990 is a novel, first-in-class anti-inflammatory compound with the potential to reduce erythema and decrease the papules and pustules associated with the disease. The Investigational New Drug application for SIG990 has been cleared by the US Food and Drug Administration and the compound is ready to be evaluated in subjects.
Dermata has obtained an exclusive worldwide license to SIG990 and is responsible for the clinical development of the product, while Dermalogix will receive milestone payments and royalties.
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