Verrica Pharmaceuticals Gains Favorable Response from EMA, Paving the Way for YCANTH® Approval in the EU
EMA Approval for YCANTH: The European Medicines Agency (EMA) has concluded that previous Phase 3 studies for YCANTH are sufficient for a Marketing Authorization Application (MAA) in the EU, with no additional studies required.
Verrica's Regulatory Submission Plans: Verrica Pharmaceuticals plans to initiate activities for the MAA filing, which could occur as early as Q4 2026, to address the significant unmet need for molluscum contagiosum treatment in Europe.
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- Clinical Milestone: Verrica successfully dosed the first patient in December 2025 for its global Phase 3 trial of YCANTH, marking a significant advancement in treating common warts, with the potential to become the first approved therapy in both the U.S. and Japan, addressing the urgent needs of 22 million patients.
- Market Opportunity: With approximately 22 million patients in the U.S. alone, Verrica estimates that the common warts market could represent a multibillion-dollar opportunity, particularly as nearly 50% of these patients are children, indicating strong market potential and future growth prospects.
- Financial Backing: Verrica's recent completion of a $50 million financing and repayment of its debt to OrbiMed provides essential funding for the continued development of YCANTH, enhancing the company's competitive position in the market.
- Cost-Sharing Partnership: Verrica will share the costs of the global Phase 3 trial with Torii, which will fund the first $40 million of trial expenses, approximately 90% of the current budget, alleviating Verrica's financial burden and accelerating the clinical timeline.

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EMA Approval for YCANTH: The European Medicines Agency (EMA) has concluded that previous Phase 3 studies for YCANTH are sufficient for a Marketing Authorization Application (MAA) in the EU, with no additional studies required.
Verrica's Regulatory Submission Plans: Verrica Pharmaceuticals plans to initiate activities for the MAA filing, which could occur as early as Q4 2026, to address the significant unmet need for molluscum contagiosum treatment in Europe.

Approval and Financial Impact: Verrica Pharmaceuticals announced that its partner, Torii Pharmaceutical, received approval for YCANTH in Japan for treating molluscum contagiosum, triggering a $10 million milestone payment to Verrica.
Product Overview: YCANTH is the first FDA-approved treatment for molluscum contagiosum, a contagious skin disease affecting millions, and is expected to establish a new standard of care while also being developed for common warts.
Earnings Conference Call Overview: Verrica Pharmaceuticals held its Q2 2025 earnings conference call on August 12, 2025, featuring key executives including CEO Jayson Rieger and Interim CFO John Kirby, discussing the company's performance and future expectations.
Forward-Looking Statements Caution: The management emphasized that forward-looking statements made during the call are subject to risks and uncertainties, advising listeners to refer to SEC filings for important risk factors and not to overly rely on these projections.





