Journey Medical reports positive results for rosacea candidate
Dermatology specialist Journey Medical (Nasdaq: DERM) has announced positive top-line results from two Phase III trials of its rosacea candidate, DFD-29, a formulation of minocycline hydrochloride.
Rosacea is a condition in which some of the blood vessels in the face become enlarged, giving a flushed appearance.
The company, a subsidiary of Floridian firm Fortress Biotech (Nasdaq: FBIO), is developing the candidate in collaboration with Indian generic drugmaker Dr Reddy's Laboratories (BSE: 500124).
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