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Dermata Therapeutics, Inc.

$1.34

0 (0%)

D 32Pipeline Score Overvalued Pharma · Clinical
Market Cap
5.07 M
EPS
-5.31
P/E Ratio
-
Value Trade
113.83 K
SEC Financials
Q1 2026
  • Dilution Risk

    60%
  • R&D Expenses

    383.72 K

  • Operating CF

    -2.48 M


  • Total Assets

    7.47 M

  • Total Liabilities

    1.05 M

  • Equity

    6.41 M

  • D/E Ratio

    12,345

1.61 %
Week
-7.35 %
1 Month
-23.64 %
3 Month
-49.4 %
6 Month
-99.99 %
5 Year
-99.99 %
All Time
Cash Data
Caution
  • Cash Position

    6.95 M

  • Monthly Burn

    827.00 K

  • Runway

    6.7 mo

  • Burn Trend

    Accelerating
  • SEC Filing

    May 13, 2026
Overview
Volume
64.52 K
52 Week Range
1.10 - 8
% held by Insiders
32.71 %
% held by Institutions
2.65 %
Enterprise Value
-1.88 M
Total Shares
4.02 M
Short %
4.26 %
Float Shares
3.09 M
Company Description
HQ: 3525 DEL MAR HEIGHTS RD., #322...
Employees:9

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
Unlock Upcoming Catalyst data

Catalyst Timeline

Dated clinical, regulatory & corporate events for Dermata Therapeutics, Inc.

119Total events
0Upcoming
23Tier-1 (high impact)
2021 – 2026Coverage

Event history 119

Q3 2026
Product LaunchPost-Market
Launch second DTC product, Clearing Treatment for acne
Jun 2026
Product LaunchPost-Market
Expected launch of once-weekly OTC acne treatment system in the U.S.
Jun 2026
Product Launchacne kitPost-Market
Planned launch of once-weekly OTC acne kit
Jun 2026
Product LaunchPost-Market
Launch of Tome Foundational Treatment once-weekly mask
skin renewalsource ↗
May 13, 2026
Quarterly UpdateCorporate
Q1 2026 financial results reported
Q2 2026
Product Launchacne kitPost-Market
Planned launch of once-weekly OTC acne kit
Q2 2026
Runway Guidance UpdateCorporate
Cash runway guidance: funds expected to support operations into Q2 2026
Q2 2026
Product LaunchPost-Market
Launch of once-weekly acne kit (OTC) with Spongilla technology
Q2 2026
Product LaunchPost-Market
Launch first DTC product, Foundational Treatment
skin renewalsource ↗
Mar 31, 2026
Equity OfferingCorporate
Raised $2.0 million net proceeds from ATM financing facility
Mar 27, 2026
Quarterly UpdateCorporate
Reported financial results for year ended December 31, 2025
Mar 2026
Management ChangeCorporate
Hired Kyra Peckaitis as Vice President of Marketing
Drug Pipeline Intelligence
D32
Pipeline Score
$2M
Pipeline Value
Overvalued
Valuation Signal
3
Drugs Scored
0.4x
rNPV / MCap
Top 40%
Micro Cap
(rank 548 of 911)
Percentile Rank
Dermata Therapeutics, Inc. faces pipeline headwinds (32/100), with $1.1B risk-adjusted pipeline value, led by DMT210 in Atopic Dermatitis (Phase 2).
Showing 1 of 1 assets
DrugIndicationPhaseNCT IDPTRSrNPVStatusEnrollmentVelocityDesignCompletionML SignalLast Change
DMT210
Small molecule
Atopic DermatitisPhase 2NCT0294996017% $748M COMPLETED 19 - -Jul 14, 2017 -Apr 18, 2018
Unlock Drug Pipeline Intelligence
Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
XYNGARI
acne
Phase 3
2025-05-14

statistically significant results of its three co-primary endpoints at all time points

Read More

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results - Dermata announced positive topline results from its XYNGARI Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical

Read More
XYNGARI
acne
Phase 3
2025-05-14

statistically significant results of its three co-primary endpoints at all time points

Read More

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results - Dermata announced positive topline results from its XYNGARI Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical

Read More
XYNGARI
acne
Phase 3
2025-05-14

statistically significant results of its three co-primary endpoints at all time points

Read More

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results - Dermata announced positive topline results from its XYNGARI Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical

Read More
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
DRMA 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
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
DRMA
May 13, 2026
DRMAGeneral

Dermata Therapeutics Provides Corporate Update and Reports Financial Results for the First Quarter 2026 - Dermata announced their Tome Skincare brand for direct-to-consumer ("DTC") skincare products - - Dermata plans to

Dermata Therapeutics reported financial results for the first quarter of 2026, highlighting a strategic pivot to the direct-to-consumer skincare market with the launch of their Tome Skincare brand. The company raised $2 million in ATM financing and is preparing for the mid-2026 launch of its initial product, the Foundational Treatment. Despite a decrease in total cash and an ongoing net loss, management remains optimistic about their new direction and product strategies aimed at delivering value to consumers and shareholders.

Read more →
DRMA
Mar 27, 2026
DRMAGeneral
▼ -13.9%on this news

Dermata Therapeutics Provides Corporate Update and Reports Financial Results for the Year Ended 2025

Dermata Therapeutics has announced a strategic pivot towards direct-to-consumer skincare products, launching its brand Tome. The company plans to introduce its Foundational Treatment in mid-2026, supported by a recent $4.125 million financing round. Dermata is also developing a Clearing Treatment for acne, aiming to simplify skincare routines. Despite positive developments, the company has withdrawn its previous drug application for XYNGARI.

Read more →
DRMA
Jan 20, 2026
DRMAFDA Updates
▼ -5.7%on this news

Dermata Receives Notice of Grant of Patent for Next-Generation Acne Treatment by Australian Patent Office

Dermata Therapeutics has received a patent grant from the Australian Patent Office for its Spongillatechnology, aimed at treating acne. This patent follows a similar grant in the U.S. and supports the upcoming launch of a once-weekly OTC acne treatment system in mid-2026. The company aims to address significant unmet needs in dermatology with this innovative approach.

Read more →
DRMA
Dec 30, 2025
DRMAGeneral
▲ +22.6%on this news

Dermata Therapeutics Announces Closing of up to $12.4 Million Private Placement Priced At-The-Market Under Nasdaq Rules

Dermata Therapeutics has successfully closed a private placement, raising $4.1 million upfront, with potential additional proceeds of $8.3 million from warrants. The offering included shares of common stock and warrants, priced at $2.04 each. The funds will be used for general corporate purposes, including the development of a new OTC acne kit set to launch in 2026.

Read more →
DRMA
Dec 24, 2025
DRMAGeneral
▲ +16.2%on this newsshared move

Dermata Therapeutics Announces up to $12.4 Million Private Placement Priced At-The-Market Under Nasdaq Rules $4.1 million upfront with up to approximately $8.3 million of potential additional gross proceeds upon the exer

Dermata Therapeutics has announced a private placement aimed at raising up to $12.4 million. This includes $4.1 million upfront, with an additional $8.3 million contingent upon the exercise of warrants. The proceeds will be used primarily for research and the launch of an over-the-counter acne kit scheduled for mid-2026. Insider participation in this offering suggests confidence in the company's future prospects, though uncertainties remain regarding the exercise of warrants and market conditions.

Read more →
DRMA
Nov 14, 2025
DRMAGeneral

Dermata Therapeutics Provides Corporate Update and Reports Third Quarter 2025 Financial Results - Dermata announced a strategic pivot to develop and commercialize over-the-counter (OTC) skin care treatments - - Dermata p

Dermata Therapeutics announced a strategic pivot focusing on over-the-counter (OTC) skincare solutions, aiming to launch its first product, an acne treatment kit, by mid-2026. This move follows positive results from its XYNGARI Phase 3 STAR-1 clinical trial for moderate-to-severe acne, reinforcing the efficacy of its Spongilla technology. The company reported a financial increase with $4.7 million in cash, although it continues to experience operational losses. Dermata is currently developing branding strategies for its new OTC product line while planning to sell directly to consumers and professionals.

Read more →
DRMA
Aug 13, 2025
DRMAGeneral
▲ +5.5%on this news

Dermata Therapeutics Provides Corporate Update and Reports Second Quarter 2025 Financial Results - Dermata announced additional positive data from its XYNGARI Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinica

Dermata Therapeutics has announced encouraging results from its XYNGARI Phase 3 STAR-1 clinical trial, which successfully met its three co-primary endpoints for treating moderate-to-severe acne. The company reported a gross fundraising of $8.8 million during the first half of 2025, bolstering its financial capacity to support operations through mid-2026. With positive early data indicating effectiveness as soon as four weeks, Dermata is optimistic about the potential benefits of its Spongilla technology in acne treatment.

Read more →
DRMA
May 14, 2025
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results - Dermata announced positive topline results from its XYNGARI Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical

Dermata Therapeutics reported encouraging results from its XYNGARI Phase 3 STAR-1 trial, meeting all co-primary endpoints for acne treatment. The company also secured $8.8 million in funding and signed a Clinical Trial Collaboration Agreement with Revance Therapeutics to research DMT410. The upcoming second Phase 3 trial for XYNGARI is set to start soon. Overall, Dermata's advancements demonstrate significant progress in its medical skin disease treatment initiatives.

Read more →
DRMA
Apr 15, 2025
DRMAPhases

Dermata's XYNGARI Phase 3 Trial Hits Statistically Significant Difference at 4 Weeks - Dermata previously announced XYNGARI produced highly statistically significant topline data for all primary endpoints at week 12 in P

Dermata Therapeutics announced that its XYNGARI Phase 3 trial yielded statistically significant results in separating from placebo after just four treatments. In particular, patients showed improvement in inflammatory and non-inflammatory lesion counts as early as week 4. The once-weekly topical treatment could position XYNGARI as a competitive option for patients with moderate-to-severe acne. The company plans to use these positive results to support a future new drug application with the FDA.

Read more →
DRMA
Mar 27, 2025
DRMAPhases
▲ +5.2%on this news

BREAKING: Dermata's XYNGARI™ Phase 3 Trial Topline Data Meets All Primary Endpoints

Dermata Therapeutics announced positive topline results from its Phase 3 trial of XYNGARI™, a once-weekly topical treatment for moderate-to-severe acne. The trial met all primary endpoints, showing significant efficacy compared to placebo. The product demonstrated a favorable safety profile, with minimal adverse events reported. Dermata plans to initiate a second Phase 3 trial in late 2025.

Read more →
DRMA
Mar 27, 2025
DRMAGeneral
▲ +5.2%on this newsshared move

Dermata Therapeutics Announces Exercise of Warrants for $6.2 Million in Gross Proceeds Priced At-the-Market Under Nasdaq Rules

Dermata Therapeutics has announced the exercise of warrants, resulting in $6.2 million in gross proceeds to support its ongoing research and development efforts. The company's action includes immediate warrant exercises at a reduced price, leading to the issuance of new Series A and B warrants contingent on shareholder approval. The funds raised will be utilized for corporate purposes, including clinical trials for its product candidates. The offering is set to close on March 28, 2025, pending customary conditions.

Read more →
DRMA
Mar 17, 2025
DRMAGeneral

Dermata Therapeutics Provides Corporate Update and Reports Year End 2024 Financial Results - Dermata expects to announce topline results from its XYNGARI Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical tri

Dermata Therapeutics has provided a corporate update alongside its year-end 2024 financial results. The company anticipates announcing topline results from its Phase 3 STAR-1 clinical trial for moderate-to-severe acne by the end of March 2025, following the successful enrollment of participants. Additionally, Dermata entered a collaboration agreement with Revance Therapeutics to advance their DMT410 treatment for hyperhidrosis. While the company raised significant funds, it reported a decrease in cash reserves and elevated research expenditures over the past year.

Read more →
DRMA
Mar 4, 2025
DRMAPhases

Dermata Announces that Last Patient Completes Last Visit in Pivotal XYNGARI™ Phase 3 STAR-1 Clinical Trial for Acne

Dermata Therapeutics has announced the completion of the last patient visit in its pivotal Phase 3 STAR-1 clinical trial for XYNGARI™, a novel topical treatment for moderate-to-severe acne. The trial enrolled 520 patients across the U.S. and Latin America, with topline results expected by the end of March 2025. XYNGARI™ aims to provide a more effective and convenient alternative to existing acne therapies.

Read more →
DRMA
Jan 22, 2025
DRMAGeneral
▼ -16.5%on this news

Dermata Therapeutics Announces $2.55 Million Private Placement Priced At-The-Market Under Nasdaq Rules SAN DIEGO, CA / ACCESSWIRE /

Dermata Therapeutics has announced a private placement of 2,007,880 shares of common stock priced at $1.27 per share, aiming to raise approximately $2.55 million. The funds will be utilized for general corporate purposes, which include ongoing research, clinical trials, and potential acquisitions. Company insiders, including key executives, are participating in this offering, highlighting their commitment to the company's future. The offering is under Nasdaq rules and is subject to certain customary closing conditions.

Read more →
DRMA
Jan 21, 2025
DRMAPhases

DERMATA AND REVANCE ENTER CLINICAL TRIAL COLLABORATION AGREEMENT FOR THE TOPICAL APPLICATION OF XYNGARI WITH DAXXIFY - The Companies intend to first initiate a Phase 2a clinical trial evaluating Xyngari wit

Dermata Therapeutics and Revance Therapeutics have announced a collaboration to begin a Phase 2a clinical trial for the combination of Xyngari and Daxxify, targeting primary axillary hyperhidrosis. This trial, involving approximately 48 patients, will evaluate the safety and efficacy of the topical treatment compared to a placebo. If successful, there are plans to explore additional indications for this innovative needle-free method of botulinum toxin delivery. The companies believe this collaboration could provide a significant advancement in treatment options for patients.

Read more →
DRMA
Nov 13, 2024
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Third Quarter 2024 Financial Results - Dermata nears completion of enrollment in its DMT310 Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical trial

Dermata Therapeutics has provided a corporate update alongside its financial results for Q3 2024. The company is close to completing enrollment in its DMT310 Phase 3 STAR-1 clinical trial for moderate-to-severe acne and expects to report topline results in early 2025. Dermata raised $5.1 million recently, which will help sustain operations into the second quarter of 2025. However, the company also reported a net loss and a decrease in cash reserves compared to the previous year.

Read more →
DRMA
Sep 16, 2024
DRMAGeneral
▲ +46.8%on this news

Dermata Therapeutics Announces $3.5 Million Private Placement Priced At-The-Market Under Nasdaq Rules SAN DIEGO, CA / ACCESSWIRE /

Dermata Therapeutics has announced a $3.5 million private placement priced at-the-market under Nasdaq rules. The offering includes 1,912,569 shares of common stock and accompanying warrants, which will be exercisable upon issuance. Proceeds from the offering will be utilized for general corporate purposes, including ongoing research and clinical trials. The close of the placement is anticipated around September 17, 2024, pending customary closing conditions.

Read more →
DRMA
Aug 7, 2024
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Second Quarter 2024 Financial Results - DMT310 Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical trial has enrolled over 50% of patients - - Dermata

Dermata Therapeutics has reported a significant milestone in its DMT310 Phase 3 STAR-1 clinical trial, having enrolled over 50% of patients. The company also raised $2.3 million in net proceeds in the second quarter of 2024, although it saw a decrease in cash reserves compared to the previous period. The DMT310 product is aimed at addressing acne with a once-weekly topical application, while discussions continue regarding potential partnerships for its DMT410 program.

Read more →
DRMA
May 17, 2024
DRMAGeneral
▼ -19.2%on this news· ran to -30% by day 3

Dermata Therapeutics Announces Exercise of Warrants for $2.66 Million in Gross Proceeds Priced At-the-Market Under Nasdaq Rules

Dermata Therapeutics has announced the exercise of outstanding warrants, generating approximately $2.66 million in gross proceeds. This exercise involves the issuance of new warrants at a reduced exercise price, aimed at supporting the company's operations and development initiatives. The funds will be allocated to ongoing research, clinical trials, and the acquisition of synergistic companies. The transaction's closing is anticipated on or around May 21, 2024, pending customary closing conditions.

Read more →
DRMA
May 15, 2024
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2024 Financial Results - DMT310 Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical trial enrollment remains on track - - Dermata contin

Dermata Therapeutics provided a corporate update and financial results for Q1 2024, highlighting the progress of its DMT310 Phase 3 clinical trial for acne, which remains on track for enrollment completion by the end of 2024. The company also reported receiving a Japanese patent for its DMT410 program and is actively seeking partnership opportunities for this botulinum toxin treatment. Financially, Dermata noted a decline in cash reserves and a net loss of $3.1 million during the quarter. The company is optimistic about DMT310's potential to be a leading acne treatment if successful in trials.

Read more →
DRMA
Mar 21, 2024
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Full Year 2023 Financial Results - Initiated enrollment of DMT310 Phase 3 Spongilla Treatment of Acne Research (STAR-1) clinical trial in Q4 2023 - - Raised $9.1

Dermata Therapeutics announced a corporate update and disclosed its financial results for 2023, highlighting the initiation of the DMT310 Phase 3 clinical trial for treating acne. The company successfully raised $9.1 million in gross proceeds through three financings during the year. Additionally, Dermata received a Japanese patent for DMT410, aimed at treating hyperhidrosis, adding potential value to its product pipeline. The company aims to complete enrollment for the STAR-1 trial by late 2024, with topline results expected in early 2025.

Read more →
DRMA
Nov 16, 2023
DRMAGeneral
▲ +6.7%on this news· ran to +21% by day 3

Dermata Announces Exercise of Warrants for $2.26 Million in Gross Proceeds Priced At-the-Market Under Nasdaq Rules SAN DIEGO, CA / ACCESSWIRE /

Dermata Therapeutics, Inc. has announced the exercise of outstanding warrants for gross proceeds of $2.26 million, priced at $0.6511 per share. The funds are intended for general corporate purposes, including ongoing research, clinical trials, and development of new technologies. New warrants will be issued alongside the exercise of the existing ones, which are also connected to additional future developments in the company's product pipeline. The closing of this transaction is anticipated on or around November 20, 2023, subject to customary conditions.

Read more →
DRMA
Nov 9, 2023
DRMAFDA Updates
▲ +8.6%on this news

Dermata Therapeutics Provides Corporate Update and Reports Third Quarter 2023 Financial Results - Raised an aggregate of $6.8 million in gross proceeds from two financings completed in 1H 2023 - - Received positive feedb

Dermata Therapeutics has announced a corporate update and reported its financial results for the third quarter of 2023. The company raised $6.8 million from two financing rounds and received positive FDA feedback regarding its End of Phase 2 meeting for the DMT310 program. Dermata is preparing to initiate its Phase 3 STAR-1 clinical trial for acne, following the approval of amended protocols that include additional FDA recommendations. The company's current cash position is adequate to sustain operations through the second quarter of 2024.

Read more →
DRMA
Aug 10, 2023
DRMAGeneral

Dermata Therapeutics Provides Corporate Update and Reports Second Quarter 2023 Financial Results - Raised an aggregate of $6.8 million in gross proceeds from two financings completed in 1H 2023 - - Received positive feed

Dermata Therapeutics provided an update on its recent corporate progress and reported financial results for Q2 2023. The company raised $6.8 million through two financings, aiding its operations into 2024. Positive feedback from the FDA regarding the End of Phase 2 meeting has set the stage for the anticipated Phase 3 clinical trial of DMT310, expected to begin in the latter half of 2023. Additionally, Dermata is pursuing partnerships for its second product candidate, DMT410, aimed at delivering botulinum toxin topically.

Read more →
DRMA
May 24, 2023
DRMAGeneral

Dermata Therapeutics Announces $1.8 Million Offering Priced At-The-Market Under Nasdaq Rules San Diego, CA/ ACCESSWIRE/

Dermata Therapeutics has announced a registered direct offering of 800,877 shares at $2.285 per share, aiming to raise approximately $1.8 million. The company plans to use the proceeds to advance its ongoing research and development of treatments for skin diseases. The offering includes concurrent private placement warrants and is expected to close by May 26, 2023. H.C. Wainwright & Co. is the placement agent for this financing initiative.

Read more →
DRMA
May 11, 2023
DRMAFDA Updates

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2023 Financial Results - Dermata raised $5 million gross proceeds from a public offering in March 2023 - - Dermata submitted an End of Phase 2 meet

Dermata Therapeutics has reported significant progress in its corporate activities and first-quarter financial results. The company raised $5 million from a public offering and submitted an End of Phase 2 meeting package to the FDA regarding its acne treatment candidate, DMT310. The FDA has approved the company's chemistry, manufacturing, and control procedures to support moving into Phase 3 studies. The company is optimistic about moving forward but acknowledges potential uncertainties related to regulatory and operational issues.

Read more →
DRMA
Mar 16, 2023
DRMAGeneral

Dermata Therapeutics Announces Pricing of $5.0 Million Public Offering San Diego, CA/ ACCESSWIRE/

Dermata Therapeutics announced the pricing of a public offering of approximately $5 million, involving 1,618,123 shares of common stock and accompanying warrants. The closing of the offering is anticipated around March 20, 2023, pending customary conditions. The funds raised will be used for general corporate purposes, including research and the development of new technologies. Changes have also been made to existing warrants, reducing their exercise price to $2.82 per share.

Read more →
DRMA
Feb 21, 2023
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Full Year 2022 Financial Results - End of Phase 2 meeting with FDA for DMT310 for moderate-to-severe acne expected in 2Q 2023 - - Initiation of DMT310 Phase 3 cl

Dermata Therapeutics has provided a corporate update highlighting progress in its DMT310 and DMT410 programs. The company anticipates conducting an end of Phase 2 meeting with the FDA for DMT310 in Q2 2023, leading towards a Phase 3 clinical trial in the second half of 2023. Despite a decrease in cash reserves from $10.8 million to $6.2 million since last year, Dermata remains focused on advancing its innovative treatment options for moderate-to-severe acne and hyperhidrosis.

Read more →
DRMA
Dec 5, 2022
DRMAPhases

Dermata Announces Topline Results from DMT310 Phase 2 Clinical Trial for the Treatment of Moderate-to-Severe Rosacea - Data supportive of DMT310 as a treatment for inflammatory skin diseases, but rosacea study did not me

drma_ex991.htm EXHIBIT 99.1 Dermata Announces Topline Results from DMT310 Phase 2 Clinical Trial for the Treatment of Moderate-to-Severe Rosacea - Data supportive of DMT310 as a treatment for inflammatory skin diseases, but rosacea study did not meet primary endpoints - - DMT3

Read more →
DRMA
Nov 10, 2022
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Third Quarter 2022 Financial Results - DMT310 Phase 2 topline results in moderate-to-severe rosacea anticipated in December 2022 - - Initiation of DMT310 Phase 3

drma_ex991.htm EXHIBIT 99.1 Dermata Therapeutics Provides Corporate Update and Reports Third Quarter 2022 Financial Results - DMT310 Phase 2 topline results in moderate-to-severe rosacea anticipated in December 2022 - - Initiation of DMT310 Phase 3 for moderate-to-severe acne

Read more →
DRMA
Aug 15, 2022
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Second Quarter 2022 Financial Results - Dermata completes a $5.0 million private placement financing in April 2022 - - DMT310 Phase 2 rosacea trial topline resul

docrijz0.htm EXHIBIT 99.1 Dermata Therapeutics Provides Corporate Update and Reports Second Quarter 2022 Financial Results - Dermata completes a $5.0 million private placement financing in April 2022 - - DMT310 Phase 2 rosacea trial topline results expected in the second half

Read more →
DRMA
May 16, 2022
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2022 Financial Results Dermata completes a $5.0 million private placement financing DMT310 Phase 2 rosacea trial topline results expected in H2 202

drma_ex991.htm EXHIBIT 99.1 Dermata Therapeutics Provides Corporate Update and Reports First Quarter 2022 Financial Results Dermata completes a $5.0 million private placement financing DMT310 Phase 2 rosacea trial topline results expected in H2 2022 SAN DIEGO, CA, May 16, 202

Read more →
DRMA
Apr 21, 2022
DRMAGeneral

Dermata Therapeutics Announces $5.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules

drma_ex991.htm EXHIBIT 99.1 Dermata Therapeutics Announces $5.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules SAN DIEGO, CA, April 21, 2022 -- Dermata Therapeutics, Inc. ("Dermata," or the "Company") (Nasdaq: DRMA and DRMAW), a clinical-stage biotechnology c

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DRMA
Mar 28, 2022
DRMAPhases

Dermata Therapeutics Provides Corporate Update and Reports Full Year 2021 Financial Results DMT310 Phase 2 rosacea trial is over two-thirds enrolled with topline results expected in H2 2022 DMT310 Phase 2 psoriasis trial

drma_ex991.htm EXHIBIT 99.1 Dermata Therapeutics Provides Corporate Update and Reports Full Year 2021 Financial Results DMT310 Phase 2 rosacea trial is over two-thirds enrolled with topline results expected in H2 2022 DMT310 Phase 2 psoriasis trial to start H1 2022, with topli

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DRMA
Jan 13, 2022
DRMAGeneral

Dermata Appoints Life Science Executive Brittany Bradrick to Board of Directors

PRESS RELEASE DATED JANUARY 13, 2022 drma_ex991.htm EXHIBIT 99.1 Dermata Appoints Life Science Executive Brittany Bradrick to Board of Directors SAN DIEGO, CA, January 13, 2022 - Dermata Therapeutics, Inc. (Nasdaq: DRMA) ("Dermata," or the "Company"), a clinical-stage biotechn

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DRMA
Nov 19, 2021
DRMAPhases

Dermata Announces Positive Results from DMT410 Phase 1b Proof of Concept Study for Aesthetic Skin Conditions - Observed improvements in pore size, luminosity, brightness, and overall aesthetic appearance - - Duration of

drma_ex991.htm EXHIBIT 99.1 Dermata Announces Positive Results from DMT410 Phase 1b Proof of Concept Study for Aesthetic Skin Conditions - Observed improvements in pore size, luminosity, brightness, and overall aesthetic appearance - - Duration of effect lasted approximately

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DRMA
Nov 15, 2021
DRMAPhases

Dermata Therapeutics, Inc. Reports Third Quarter 2021 Financial Results and Provides Corporate Update - Announced positive topline results from DMT310 proof of concept (POC) study in mild-to-moderate psoriasis - - Closed

drma_ex991.htm EXHIBIT 99.1 Dermata Therapeutics, Inc. Reports Third Quarter 2021 Financial Results and Provides Corporate Update - Announced positive topline results from DMT310 proof of concept (POC) study in mild-to-moderate psoriasis - - Closed upsized $18.0 million initi

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DRMA
Sep 27, 2021
DRMAPhases

Dermata Therapeutics, Inc. Reports Second Quarter 2021 Financial Results and Provides Corporate Update - Completed oversubscribed $18 million Initial Public Offering (IPO) - - Set to announce topline results from its DMT

Therapeutics, Inc. Reports Second Quarter 2021 Financial Results and Provides Corporate Update - Completed oversubscribed $18 million Initial Public Offering - Set to announce topline results from its DMT310 Phase 1b proof of concept (POC) study in mild to moderate psoriasis

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DRMA
Sep 1, 2021
DRMAGeneral

Dermata Therapeutics, Inc. Announces Appointment of Kyri Van Hoose as Senior Vice President, Chief Financial Officer

Dermata Therapeutics, Inc. Announces Appointment of Kyri Van Hoose as Senior Vice President, Chief Financial Officer SAN DIEGO, September 1, 2021 Dermata Therapeutics, Inc. ( Dermata, or the Company ) (Nasdaq: DRMA; DMRAW), a clinical-stage biopharmaceutical company focused on

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DRMA
Mar 30, 2021
DRMAPhases

Dermata Therapeutics Announces Initiation of a Phase 1b Trial of the Once-Weekly Topical Application of DMT310 for the Treatment of Mild-to-Moderate Psoriasis

SAN DIEGO, March 30, 2021 /PRNewswire/ -- Dermata Therapeutics, Inc., a privately held biotechnology company, announced today that it has dosed its first patient in a Phase 1b trial of DMT310 for the treatment of mild-to-moderate psoriasis. DMT310 is Dermata's lead product candid

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