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Veradermics' VDPHL01 Meets All Primary And Secondary Endpoints In Phase 3 Study, Demonstrates Significant Hair Count Gains And Favorable Safety Profile
VDPHL01, a novel orally-administered extended-release minoxidil formulation, met all primary and secondary endpoints with high statistical significance in both active treatment arms evaluating once-daily (QD) and
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B. Riley Raises Price Target on Veradermics to $204
B. Riley has increased its price target for Veradermics, Incorporated from $170 to $204 while maintaining a 'Buy' rating.
Could This Pill Be a Game Changer for Hair Loss? Veradermics Reports Major Breakthrough
Veradermics stock jumped 10% on positive Phase 3 results for its oral hair loss pill, VDPHL01. Read the full efficacy and safety data.
Veradermics shares are trading higher after the company announced that its VDPHL01 met all primary and secondary endpoints. Also, Needham maintained its Buy rating on the stock and raised its price target from $164 to $172.