Dermavant Sciences, a dermatology-focused subsidiary of Switzerland-based Roivant Sciences, has announced positive results from the Phase III PSOARING 1 and PSOARING 2 studies.
The immuno-dermatology specialist is testing the efficacy and safety of tapinarof cream, a potential first-in-class treatment with a novel mechanism of action, in adults with plaque psoriasis.
Dermavant picked up rights to the therapeutic aryl hydrocarbon receptor modulating agent (TAMA) in 2018 for a total consideration of about $330 million, from UK pharma major GlaxoSmithKline (LSE: GSK).
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