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Journey Medical Corporation

$7.27

+0.15 (+2.11%)

D 36Pipeline Score Fair Value Pharma · Commercial
Market Cap
164.11 M
EPS
-0.38
P/E Ratio
-
Value Trade
1.09 M
SEC Financials
Q1 2026
  • Dilution Risk

    5%
  • Revenue

    15.96 M

  • Operating CF

    2.91 M


  • Total Assets

    91.53 M

  • Total Liabilities

    60.70 M

  • Equity

    30.83 M

  • D/E Ratio

    12,345

-2.45 %
Week
17.55 %
1 Month
-29.8 %
3 Month
-20.53 %
6 Month
-31.49 %
5 Year
-31.49 %
All Time
Cash Data
Profitable
  • Cash Position

    27.22 M

  • Monthly Burn

    -

  • Runway

    12,345 mo

  • Burn Trend

    Decelerating
  • SEC Filing

    May 13, 2026
Overview
Volume
147.34 K
52 Week Range
4.31 - 9.56
% held by Insiders
51.47 %
% held by Institutions
43.92 %
Enterprise Value
162.35 M
Total Shares
21.54 M
Short %
22.39 %
Float Shares
12.04 M
Company Description
HQ: 9237 E VIA DE VENTURA BLVD., S...
Employees:58

locked

Upcoming Catalyst
Catalyst Drug/Treatment Stage Probability of Approval Description Drug Type Therapeutic Area Source
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%

FDA review of the new drug application for the treatment of example condition.

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Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%

FDA review of the new drug application for the treatment of example condition.

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Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%

FDA review of the new drug application for the treatment of example condition.

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Small Molecule
Oncology
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Catalyst Timeline

Dated clinical, regulatory & corporate events for Journey Medical Corporation

97Total events
0Upcoming
28Tier-1 (high impact)
2021 – 2026Coverage

Event history 2

TBD
Oral PresentationPresentation
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TBD
Quarterly UpdateCorporate
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Past FDA Catalysts & PDUFA Decisions
Date Drug Catalyst Stage Outcome Reaction Event Move % Best Trade %
2024-11-04
DFD-29 (Minocycline Hydrochloride Modified)
PDUFA Date
PDUFA
Approved
2024-11-04
DFD-29 (Minocycline Hydrochloride Modified)
PDUFA Date
PDUFA
Approved
2024-11-04
DFD-29 (Minocycline Hydrochloride Modified)
PDUFA Date
PDUFA
Approved
Unlock 5 more historical catalysts
Drug Pipeline Intelligence
D36
Pipeline Score
$118M
Pipeline Value
Fair Value
Valuation Signal
7
Drugs Scored
0.7x
rNPV / MCap
Top 50%
Micro Cap
(rank 457 of 912)
Percentile Rank
Journey Medical Corporation faces pipeline headwinds (36/100), with $473M risk-adjusted pipeline value, led by DFD-29 in Papulopustular Rosacea (Phase 3).
Showing 1 of 1 assets
DrugIndicationPhaseNCT IDPTRSrNPVStatusEnrollmentVelocityDesignCompletionML SignalLast Change
DFD-29
Small molecule
Papulopustular RosaceaPhase 3NCT0534345558% $162M COMPLETED 653 - -Jun 30, 2023 -Dec 3, 2024
Unlock Drug Pipeline Intelligence
Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
Emrosi
moderate-to-severe rosacea
Phase 1
2025-12-11

16 weeks; 60 healthy, adult subjects; 30 males and 30 females; 2:1 randomization between DFD-29 and placebo

Read More

Journey Medical Corporation Announces Publication of Clinical Trial Results Assessing the Impact of Emrosi™ (DFD-29) on Microbial Flora of Healthy Adults in the Journal of Drugs in Dermatology

Read More
Emrosi
moderate-to-severe rosacea
Phase 1
2025-12-11

16 weeks; 60 healthy, adult subjects; 30 males and 30 females; 2:1 randomization between DFD-29 and placebo

Read More

Journey Medical Corporation Announces Publication of Clinical Trial Results Assessing the Impact of Emrosi™ (DFD-29) on Microbial Flora of Healthy Adults in the Journal of Drugs in Dermatology

Read More
Emrosi
moderate-to-severe rosacea
Phase 1
2025-12-11

16 weeks; 60 healthy, adult subjects; 30 males and 30 females; 2:1 randomization between DFD-29 and placebo

Read More

Journey Medical Corporation Announces Publication of Clinical Trial Results Assessing the Impact of Emrosi™ (DFD-29) on Microbial Flora of Healthy Adults in the Journal of Drugs in Dermatology

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Unlock Clinical Trial Results data
Inside Trades
TREND
CORPORATE INSIDERS BOUGHT SHARES WORTH 1.8M IN THE LAST 3 MONTHS
YEARLY INSIDER TRANSACTIONS
Sector Avg.
INSIDERS
SOLD
INSIDERS
BOUGHT
POSITIVE SENTIMENT Based on 22 Insiders Transactions
Unlock Inside Trades data
Hedge Funds
TREND
HEDGE FUNDS INCREASED HOLDINGS BY 200.0K SHARES IN THE LAST QUARTER
Shares Held
2040.00B1530.00B1020.00B510.00B0
Q3
2024
Q4
2024
Q1
2025
Q2
2025
HEDGE FUNDS
SOLD
HEDGE FUNDS
BOUGHT
POSITIVE SENTIMENT Based on 27 hedge funds in the last quarter
18 buying (3 new)·9 selling (1 exited)·2 unchanged
Fund Count
60%
Share Volume
25%
Conviction
15%
HedgeFund Name
( 3 )
% of Portfolio Current MV
-
Shares Owned
-
Activity
Avg Price $0

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K
Unlock Hedge Funds table data
DERM Institutional Ownership Trends
Current Insider %
5.20%
+0.00%
Current Institutional %
62.40%
+0.00%
Total Ownership
67.60%
Insider + Institutional
Data Points
1
1 Ticker(s)
Option Chain Statistics
ExpirationVolumeOpen InterestImplied Volatility CallsImplied Volatility Puts
CallsPutsPut-Call RatioCallsPutsPut-Call RatioIVOiWaIvVWaIvIVOiWaIvVWaIv
2026-07-17 0.00 0 - - - - - -
2026-07-17 0.00 0 - - - - - -
2026-07-17 0.00 0 - - - - - -
Unlock Option Chain Statistics data
Option Chain
CallsStrikePuts
Last PriceVolumeOpen InterestLast PriceVolumeOpen Interest
No data available
Unlock Option Chain data
Unlock Options Chart data
Open interest
0 600K 1.2M 1.8M Avg OI 1.00 M Open Interest
0 1 2 3 1.1 Put-Call Ratio
Today's Open Interest
1.00 M
Put-Call Ratio
1.1
Put Open Interest
480.00 K
Call Open Interest
520.00 K
Open Interest Avg (30-day)
900,000
Today vs Open Interest Avg (30-day)
11.11%
Option Volume
0 450K 900K 1.4M Avg OV 750.00 K Option Volume
0 1 2 3 0.95 Put-Call Ratio
Today's Volume
750.00 K
Put-Call Ratio
0.95
Put Volume
360.00 K
Call Volume
390.00 K
Volume Avg (30-day)
800,000
Today vs Volume Avg (30-day)
-6.25%
Company News
DERM
May 19, 2026
DERMConferences/Events

Journey Medical Corporation to Participate in A.G.P.’s Annual Virtual Healthcare Conference

Journey Medical Corporation will participate in A.G.P.'s Annual Virtual Healthcare Conference on May 20, 2026. CEO Claude Maraoui is scheduled for a fireside chat at 5:00 PM ET. The company specializes in FDA-approved dermatological products and aims to enhance investor relations through this event.

Read more →
DERM
May 13, 2026
DERMGeneral

Journey Medical Corporation Reports First Quarter 2026 Financial Results and Recent Corporate Highlights Total revenues for the first quarter ended

Journey Medical Corporation reported a 21% year-over-year increase in total revenues for Q1 2026, reaching $16.0 million. The company highlighted strong demand for its product Emrosi, which is establishing itself as a leading treatment for rosacea. With over $27 million in cash, Journey Medical positions itself well for continued growth and improved operational efficiency throughout the year. Upcoming events include a conference call scheduled for May 13, 2026, to discuss these results further.

Read more →
DERM
Apr 1, 2026
DERMGeneral

Journey Medical Corporation Secures Contract with Third Major GPO for Emrosi Payer access for Emrosi expanded from approximately 100 million commercial lives to over 150 million commercial lives as of

Journey Medical Corporation has secured a contract with its third major group purchasing organization (GPO), expanding payer access for its product Emrosi from approximately 100 million to over 150 million commercial lives in the U.S. The company reports that 85% of commercial lives now have access to Emrosi, which is approved for treating inflammatory lesions of rosacea in adults. The CEO expressed optimism about the growth potential for Emrosi, anticipating that increased formulary adoption will enhance profitability and reduce reliance on co-pay bridging programs. This development reflects Journey Medical's ongoing commitment to improving patient access to dermatological therapies.

Read more →
DERM
Mar 26, 2026
DERMGeneral
▼ -30%on this news

Journey Medical Corporation Reports Full-Year 2025 Financial Results and Recent Corporate Highlights

Journey Medical Corporation reported a successful financial year for 2025, with total revenues rising to $61.9 million, up from $56.1 million in 2024. The launch of Emrosi™ contributed significantly, generating $14.7 million in net revenues and achieving approximately 53,000 prescriptions filled. The company highlighted its expanding presence in medical dermatology and optimistic growth prospects for the future.

Read more →
DERM
Dec 11, 2025
DERMPhases

Journey Medical Corporation Announces Publication of Clinical Trial Results Assessing the Impact of Emrosi™ (DFD-29) on Microbial Flora of Healthy Adults in the Journal of Drugs in Dermatology

Journey Medical Corporation announced the publication of Phase 1 clinical trial results for Emrosi (DFD-29), demonstrating its safety and lack of impact on microbial flora in healthy adults. The study confirmed that Emrosi can be administered for 16 weeks without affecting skin, gastrointestinal, or vaginal microbiota. These findings support Emrosi's use as a treatment for moderate-to-severe rosacea.

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DERM
Nov 12, 2025
DERMGeneral
▼ -15.3%on this news

Journey Medical Corporation Reports Third Quarter 2025 Financial Results and Recent Corporate Highlights

Journey Medical Corporation reported a strong third quarter for 2025, with net revenues reaching $17.6 million, a 21% increase from the previous year. The company's product Emrosi saw a significant rise in prescriptions, up 146% from the second quarter. CEO Claude Maraoui highlighted the product's clinical success and expanding market adoption, positioning it as a leading treatment for rosacea.

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DERM
Oct 24, 2025
DERMPhases

Journey Medical Corporation Reports Combined Emrosi™ (DFD-29) Phase 3 Clinical Trial Efficacy Data Analysis Presented at the 2025 Fall Clinical Dermatology Conference

Journey Medical Corporation presented promising efficacy data for DFD-29, an oral formulation of minocycline, at the 2025 Fall Clinical Dermatology Conference. The Phase 3 trials demonstrated significant improvements in treatment success rates and reduction of inflammatory lesions in rosacea patients compared to both placebo and Oracea. The results highlight Emrosi's potential as a leading treatment option in dermatology.

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DERM
Oct 8, 2025
DERMConferences/Events

Journey Medical Corporation to Participate in October 2025 Investor Conferences

Journey Medical Corporation announced its participation in two investor conferences scheduled for October 2025. The events include the 4th Annual ROTH Healthcare Opportunities Conference and the ThinkEquity Conference, both taking place in New York City. This engagement reflects the company's ongoing efforts to connect with investors and promote its FDA-approved dermatological products.

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DERM
Aug 18, 2025
DERMConferences/Events

Journey Medical Corporation to Present at the Emerging Growth Conference

Journey Medical Corporation (DERM) will present a corporate overview at the Emerging Growth Conference on August 20, 2025. CEO Claude Maraoui will lead the presentation, which will be conducted virtually. The company specializes in FDA-approved prescription products for dermatological conditions and aims to enhance its market presence through this event.

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DERM
Aug 12, 2025
DERMGeneral
▲ +8.5%on this news

Journey Medical Corporation Reports Second Quarter 2025 Financial Results and Recent Corporate Highlights Second quarter 2025 revenues were $15.0 million Emrosi net sales of $2.8 million generated in first full quarter o

Journey Medical Corporation reported strong financial results for the second quarter of 2025, with total revenues of $15 million, including net sales from its newly launched product Emrosi amounting to $2.8 million. The quarter marks the first full period since Emrosi entered the market, which has seen a positive reception from physicians and payers. Additionally, the company announced its inclusion in the Russell 2000 and Russell 3000 Indexes, potentially increasing its visibility. A conference call is scheduled to discuss these results and future plans.

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DERM
Aug 7, 2025
DERMGeneral

Journey Medical Corporation to Ring Nasdaq Stock Market Closing Bell on August 11

Journey Medical Corporation is set to ring the Nasdaq closing bell on August 11, 2025, celebrating its four-year anniversary as a publicly traded company. The event coincides with the commercial launch of Emrosi, a new treatment for rosacea. The CEO highlighted the company's progress and confidence in future profitability.

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DERM
Aug 5, 2025
DERMConferences/Events

Journey Medical Corporation to Announce Second Quarter 2025 Financial Results on August 12, 2025

Journey Medical Corporation has announced that it will release its second quarter 2025 financial results on August 12, 2025. The company will conduct a conference call and audio webcast at 4:30 p.m. ET on the same day. Interested parties can participate by dialing in or accessing the webcast through the company's website.

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DERM
Jul 14, 2025
DERMFDA Updates

Journey Medical Corporation Announces Expanded Payer Coverage for Emrosi™

Journey Medical Corporation has announced that payer coverage for its rosacea treatment, Emrosi, has expanded to 65% of commercial lives in the U.S., up from 29% in May 2025. This increase is expected to drive further growth in prescription demand. The company's CEO expressed optimism about the product's adoption and its potential to become the standard of care for rosacea.

Read more →
DERM
Jun 24, 2025
DERMGeneral
▲ +8.9%on this news

Journey Medical to Join Russell 2000 and Russell 3000 Indexes Scottsdale, AZ

Journey Medical Corporation (Nasdaq: DERM) announced its inclusion in the Russell 2000 and Russell 3000 Indexes effective June 27, 2025. This move is expected to enhance the company's visibility among investors. Journey Medical's recent product, Emrosi, designed for treating inflammatory lesions of rosacea, is reportedly performing well in the market. The company anticipates that 2025 could be a pivotal year for its growth and expansion.

Read more →
DERM
May 14, 2025
DERMGeneral
▼ -5.5%on this news

Journey Medical Corporation Reports First Quarter 2025 Financial Results and Recent Corporate Highlights Revenue for the First Quarter Ended

Journey Medical Corporation reported strong financial results for the first quarter of 2025, with revenue reaching $13.1 million. The company successfully launched Emrosi, a new oral rosacea treatment, which showed strong initial prescribing and has gained acceptance in treatment guidelines. Positive Phase 3 clinical trial results for Emrosi were published, contributing to its strong market entry. Journey Medical also reported improved gross margins and reduced operating expenses, signaling an optimistic outlook for sustainable profitability in the coming year.

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DERM
Apr 1, 2025
DERMGeneral

Journey Medical Corporation Appoints Ramsey Alloush as Chief Operating Officer Scottsdale, AZ

Journey Medical Corporation has appointed Ramsey Alloush as its Chief Operating Officer, promoting him from his previous role as General Counsel. Mr. Alloush's appointment is seen as key to driving the company's operational strategies and maximizing shareholder value. The company's upcoming launch of the dermatology product Emrosi is anticipated to enhance its market position and provide innovative solutions to patients. Alloush brings over 15 years of experience in the pharmaceutical industry, contributing significantly to Journey Medical's growth during his tenure.

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DERM
Mar 26, 2025
DERMFDA Updates
▼ -5.2%on this news

Journey Medical Corporation Reports Full-Year 2024 Financial Results and Recent Corporate Highlights FDA Approval of Emrosi ( 40 mg Minocycline Hydrochloride Modified-Release Capsules ) for Rosacea Emrosi Initial Distrib

Journey Medical Corporation reported its financial results for the year ended December 31, 2024, highlighting a product revenue of $55.1 million, which aligns closely with their guidance. The company achieved FDA approval for Emrosi, a treatment for rosacea, earlier than expected, and has commenced distribution with initial prescriptions filled. Journey Medical's financial performance reflects a focus on enhancing growth and moving towards EBITDA positive status, with promotional activities planned for Emrosi starting in April 2025.

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DERM
Mar 24, 2025
DERMFDA Updates
▲ +13.9%on this newsshared move

Journey Medical Corporation Launches Emrosi (40 mg Minocycline Hydrochloride Modified-Release Capsules, 10 mg immediate release and 30 mg extended release) for the Treatment of Rosacea Initial distribution of Emrosi to p

Journey Medical Corporation has officially launched Emrosi, a modified-release capsule formulation of minocycline hydrochloride for treating inflammatory lesions of rosacea. The initial distribution to pharmacies has commenced, and the first prescriptions have been filled. Emrosi has received FDA approval and is noted for delivering superior clinical outcomes compared to existing treatments. However, it comes with warnings regarding potential adverse reactions and serious health risks for some patients.

Read more →
DERM
Feb 5, 2025
DERMConferences/Events

2025 Journey Medical Corporation. All rights reserved. EMROSI

Journey Medical Corporation is gearing up for the launch of its novel rosacea treatment, Emrosi, which shows superior efficacy compared to existing treatments. The company plans to kick off direct promotions in early April 2025, following the AAD conference, where KOL presentations will take place. Emrosi, developed with an advanced formulation, aims to enhance patient outcomes in managing rosacea. However, the company faces significant market risks including intense competition and reliance on regulatory approvals for commercial success.

Read more →
DERM
Nov 12, 2024
DERMFDA Updates

Journey Medical Corporation Reports Third Quarter 2024 Financial Results and Recent Corporate Highlights U.S. FDA approved Emrosi (Minocycline Hydrochloride Extended Release Capsules, 40 mg) for the treatment of inflamma

Journey Medical Corporation reported its third quarter 2024 financial results, highlighting revenues of $14.6 million. A key development was the FDA approval of Emrosi (Minocycline Hydrochloride Extended Release Capsules) for the treatment of inflammatory lesions of rosacea in adults, with a launch anticipated in late Q1 or early Q2 of 2025. The company aims to leverage this approval to enhance its market presence using its experienced sales force. Despite positive developments, Journey Medical faces challenges, including commercializing Emrosi and competition in the dermatology market.

Read more →
DERM
Nov 4, 2024
DERMFDA Updates
▼ -13.8%on this news

Journey Medical Corporation Announces U.S. FDA Approval of Emrosi (Minocycline Hydrochloride Extended Release Capsules, 40 mg) for the Treatment of Rosacea Journey Medical to host investor conference call on Monday

Journey Medical Corporation announced FDA approval for Emrosi (Minocycline Hydrochloride Extended Release Capsules, 40 mg) for treating inflammatory lesions of rosacea in adults. The approval follows successful Phase 3 clinical trials demonstrating its superiority over the current standard treatment. With a focused marketing team ready for the launch, Journey Medical anticipates Emrosi to become a leading oral treatment option in the dermatological market. A conference call is scheduled for November 4, 2024, to discuss the approval details.

Read more →
DERM
Aug 12, 2024
DERMFDA Updates
▼ -15.3%on this news

Journey Medical Corporation Reports Second Quarter 2024 Financial Results and Recent Corporate Highlights New Drug Application for DFD-29 to treat rosacea under FDA review; PDUFA goal date of

Journey Medical Corporation reported its financial results for the second quarter of 2024, revealing a revenue increase to $14.9 million, marking a 14% rise from the previous quarter. The company announced its New Drug Application for DFD-29 to treat rosacea is under FDA review, with a PDUFA goal date set for November 4, 2024. The leadership expressed optimism regarding future financial performance and strategic corporate advancements, including new key appointments within the team.

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DERM
May 13, 2024
DERMFDA Updates

Journey Medical Corporation Reports First Quarter 2024 Financial Results and Recent Corporate Highlights New Drug Application for DFD-29 to treat rosacea accepted for U.S. FDA review; PDUFA goal date of

Journey Medical Corporation announced its financial results for Q1 2024, reporting a 7% increase in revenue driven by key products. The company’s New Drug Application for DFD-29, indicated for rosacea, was accepted by the FDA, with a PDUFA goal date set for November 4, 2024. Despite these positive developments, Journey Medical faces challenges, including reliance on product development success and competition from generics. The company aims to leverage its existing infrastructure for the launch of DFD-29 to capture market opportunities.

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DERM
May 1, 2024
DERMGeneral

Journey Medical Corporation Appoints Joseph Benesch as Chief Financial Officer Scottsdale, AZ

Journey Medical Corporation has appointed Joseph M. Benesch as its Chief Financial Officer, effective April 26, 2024. Previously serving as Interim CFO since January 2023, Benesch brings over 25 years of financial leadership experience, notably in the pharmaceutical sector. CEO Claude Maraoui expressed confidence in Benesch's capabilities, particularly regarding the company’s upcoming milestones, such as the anticipated approval of DFD-29 for rosacea treatment. The appointment underscores the firm’s commitment to strategic leadership as it navigates its market initiatives.

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DERM
Mar 21, 2024
DERMGeneral

Journey Medical Corporation Reports Full-Year 2023 Financial Results and Recent Corporate Highlights Company generated total revenues of $79.2 million for the full year ended

Journey Medical Corporation announced its financial results for the full year of 2023, reporting total revenues of $79.2 million, a 7% increase from 2022. The company achieved significant operating cost savings and reported an accepted New Drug Application for its rosacea treatment candidate, DFD-29, which has a PDUFA goal date of November 4, 2024. The CEO highlighted the successful expansion of their product reach and improvements in cost structure, setting the stage for future growth. However, the company also reported a net loss, albeit reduced from the previous year, and a decline in cash compared to 2022.

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DERM
Jan 2, 2024
DERMGeneral
▼ -5.7%on this news

Journey Medical Corporation Secures Credit Facility with SWK Holdings for up to $20 Million Provides additional capital for general corporate purposes including funding to support the potential launch of DFD-29 Scottsdal

Journey Medical Corporation has secured a credit facility with SWK Holdings for a maximum of $20 million, aimed at providing additional capital for its corporate purposes. This financing will primarily support the potential launch of DFD-29, preparing for a New Drug Application submission pending FDA approval. The facility features an initial term loan of $15 million and an option for an additional $5 million depending on the achievement of specified metrics. The funding is expected to enhance Journey Medical's operational flexibility and strengthen its balance sheet.

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DERM
Nov 7, 2023
DERMGeneral
▲ +5.5%on this news· ran to +16% by day 1

Journey Medical Corporation Reports Third Quarter 2023 Financial Results and Recent Corporate Highlights Company generated total net revenues of $34.5 million in the third quarter of 2023, a 101% increase from $17.2 mill

Journey Medical Corporation reported strong financial results for Q3 2023, marked by total net revenues of $34.5 million, which represent a 101% increase from the previous quarter. The company also posted a GAAP net income of $16.8 million, a significant improvement from a loss of $10.1 million during the same period in 2022. Journey Medical highlighted the positive topline results from two Phase 3 clinical trials for DFD-29, with an NDA expected to be filed with the FDA by year's end. The recent licensing agreement with Maruho Co., Ltd. for Qbrexza adds to their financial strength.

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DERM
Sep 6, 2023
DERMGeneral
▲ +18.7%on this news· ran to +35% by day 3

Journey Medical Corporation Enters into an Exclusive License Agreement with Maruho Co., Ltd. for Qbrexza in South Korea and Other Asian Nations Journey to receive an upfront payment of $19 million Scottsdale, AZ

Journey Medical Corporation has entered into an exclusive licensing agreement with Maruho Co., Ltd. to develop and commercialize Qbrexza for the treatment of hyperhidrosis in South Korea and other Asian nations. The agreement includes a nonrefundable upfront payment of $19 million to Journey. Maruho will bear all development and commercialization costs. Additionally, the existing agreement between the two companies has been amended to adjust certain royalty obligations, while Journey remains eligible for milestone payments.

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DERM
Aug 8, 2023
DERMGeneral
▲ +12.1%on this news

Journey Medical Corporation Reports Second Quarter 2023 Financial Results and Recent Corporate Highlights The Company generated total net revenues of $17.2 million in the second quarter of 2023, a 41% increase from $12.2

Journey Medical Corporation reported a 41% increase in net revenues to $17.2 million for Q2 2023. This growth was bolstered by positive results from two Phase 3 clinical trials for DFD-29, which showed superior efficacy over the current standard of care. The company plans to submit a New Drug Application to FDA for DFD-29 in the second half of 2023. Despite strong revenue growth, Journey Medical recorded an $8.4 million net loss and faced challenges with cash reserves due to operational costs and impairments.

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DERM
May 22, 2023
DERMPhases

Journey Medical Corporation Reports First Quarter 2023 Financial Results and Recent Corporate Highlights Achieved "Last Patient Out" milestone in Phase 3 clinical program evaluating DFD-29 in May 2023 Topline data are ex

Journey Medical Corporation has reported its financial results for the first quarter of 2023, highlighting a revenue of $12.2 million. The company achieved a key milestone with the 'Last Patient Out' in the Phase 3 clinical trials for DFD-29, with topline data expected in June 2023. Journey Medical anticipates a return to revenue growth and significant reductions in SG&A expenses, aiming for savings exceeding $12 million compared to 2022. However, the company also faces challenges related to lower sales volumes for some products and pressures from competition.

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DERM
Mar 29, 2023
DERMGeneral
▼ -6.6%on this news

Journey Medical Corporation Reports Full-Year 2022 Financial Results and Recent Corporate Highlights Generated record total revenues of $73.7 million for the full year 2022 Completed enrollment in Phase 3 clinical progra

Journey Medical Corporation announced its financial results for the full year 2022, reporting record revenues of $73.7 million. The company completed enrollment in a Phase 3 clinical trial for DFD-29 aimed at treating papulopustular rosacea, with topline data expected in the first half of 2023. Despite challenges such as generic competition and supply chain issues, Journey Medical is optimistic about revenue growth from several products in 2023 and plans to file a New Drug Application for DFD-29 later this year.

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DERM
Jan 20, 2023
DERMGeneral
▼ -7.6%on this news

Journey Medical Corporation Appoints Joseph Benesch as Interim Chief Financial Officer Scottsdale, AZ

Journey Medical Corporation announced the appointment of Joseph Benesch as Interim Chief Financial Officer, effective January 27, 2023, following the resignation of Ernest De Paolantonio. Benesch, who has over 25 years of experience, has been with the company as Corporate Controller since November 2021. The company anticipates important milestones this year, including topline data from their DFD-29 Phase 3 clinical trials and plans to file an NDA afterward. De Paolantonio will assist in a smooth transition until March 31, 2023.

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DERM
Nov 10, 2022
DERMGeneral

Journey Medical Corporation Reports Third Quarter 2022 Financial Results and Recent Corporate Highlights Revenue for the first nine months of 2022 increased 26% to $57.7 million versus the same period in 2021 of $45.6 mi

Corporation Reports Third Quarter 2022 Financial Results and Recent Corporate Highlights for the first nine months of 2022 increased 26% to $57.7 million versus the same period in 2021 of $45.6 million Phase 3 studies are 75% enrolled to date data from the Phase 3 clinical pro

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DERM
Aug 9, 2022
DERMPhases

Journey Medical Corporation Reports Second Quarter 2022 Financial Results and Recent Corporate Highlights Second quarter 2022 net revenue increased 20% to $18.3 million versus the same quarter of 2021 DFD-29 Phase 3 stud

Journey Medical Corporation Reports Second Quarter 2022 Financial Results and Recent Corporate Highlights net revenue increased 20% to $18.3 million versus the same quarter of 2021 DFD-29 Phase 3 studies 45% enrolled to date; 9 additional sites underway in Europe open to enro

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DERM
May 10, 2022
DERMPhases
▼ -5.3%on this news

Journey Medical Corporation Reports First Quarter 2022 Financial Results and Recent Corporate Highlights Generated record revenue of $23.3 million for the first quarter of 2022 First patient dosed in Phase 3 clinical pro

Journey Medical Corporation Reports First Quarter 2022 Financial Results and Recent Corporate Highlights Generated record revenue of $23.3 million for the first quarter of 2022 in Phase 3 clinical program evaluating DFD-29 for the treatment of papulopustular rosacea Company

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DERM
Mar 23, 2022
DERMGeneral

Journey Medical Corporation Reports Full-Year 2021 Financial Results and Recent Corporate Highlights Generated record net product revenues of $63.1 million for the full year 2021 Completed initial public offering of comm

Journey Medical Corporation Reports Full-Year 2021 Financial Results and Recent Corporate Highlights Generated record net product revenues of $63.1 million for the full year 2021 Completed initial public offering of common stock and raised $30.6 million in net proceeds in P

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DERM
Jan 13, 2022
DERMFDA Updates

Journey Medical Corporation Acquires Two FDA-Approved Topical Minocycline Products and Molecule Stabilizing Technology (MST) Franchise from VYNE Therapeutics, Inc. Franchise includes AMZEEQ for the treatment of acne and

Journey Medical Corporation Acquires Two FDA-Approved Topical Minocycline Products and Molecule Stabilizing Technology (MST) Franchise from VYNE Therapeutics, Inc. AMZEEQ for the treatment of acne and ZILXI for the treatment of rosacea, and a development-stage dermatology progr

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DERM
Dec 10, 2021
DERMGeneral
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Journey Medical Corporation Reports Third Quarter 2021 Financial Results and Recent Corporate Highlights Generated record net revenues of $19.6 million for the third quarter of 2021 Completed initial public offering of c

Journey Medical Corporation Reports Third Quarter 2021 Financial Results and Recent Corporate Highlights Generated record net revenues of $19.6 million for the third quarter of 2021 Completed initial public offering of common stock and raised $31.2 million in net proceeds S

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