Former GSK VP among new recruits at Dermavant

3 April 2018

Dermavant has expanded not just its pipeline, but also its executive team, the dermatology specialist announced on Monday.

The Roivant Sciences subsidiary company has in-licensed an investigational drug for the treatment of multi-focal hyperhidrosis, a condition that consists of abnormal sweating beyond the amount necessary for thermal regulation. This asset, now named RVT-504, has come from TheraVida, a Californian specialty pharma.

Dermavant has secured rights for development and commercialization. Figures have not been announced but the deal terms include an upfront payment, milestone payments, and royalties.

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