• The FDA approved Emrosi (minocycline hydrochloride extended-release capsules, 40mg) for treating inflammatory lesions of rosacea in adults, marking Fortress Biotech's first FDA approval.
• Clinical data presented at the Fall Clinical Dermatology Conference showed Emrosi provides higher dermal concentration than doxycycline, potentially leading to clinically meaningful impact.
• Fortress Biotech anticipates a PDUFA goal date of December 28, 2024, for cosibelimab, an anti-PD-L1 antibody, for treating metastatic or locally advanced cutaneous squamous cell carcinoma.
• Journey Medical will launch Emrosi in late Q1 or early Q2 2025, offering a potential new treatment paradigm for millions suffering from rosacea.