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Verrica Pharmaceuticals to Present New Data on VP-315 from its Phase 2 Trial in Basal Cell Carcinoma (BCC) at the 40th Society for Immunotherapy of Cancer (SITC) Annual Meeting

Key Takeaway: Verrica Pharmaceuticals Inc. has announced that it will present new data on VP-315, an investigational therapy for basal cell carcinoma (BCC), at the upcoming Society for Immunotherapy of Cancer (SITC) Annual Meeting in November 2025. This phase 2 trial explores the local immune activation in BCC patients post-treatment. VP-315 is being developed as a potential first-in-class option for patients with skin cancers, leveraging innovative oncolytic peptide therapy that may induce immunogenic cell death. The data presentation includes both an oral and a poster presentation led by prominent researchers in the field.
Price reaction · baseline $4.69 (2025-10-06 close) · hit after-hours · clean, no other VRCA news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation of new data on VP-315 indicates progress in its development.
  • Potential first-in-class therapy offers a novel non-surgical option for BCC patients.
  • Positive immune responses demonstrated in Phase 1/2 trials suggest efficacy.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+177%
120-day peak, hindsight
Typical move
24.2%
average across 7 past catalysts
Cash runway
~3 mo
High dilution risk
Lead asset
Part 1: VP-315 3 Day Dosing/Week
Phase 2 · Basal Cell Carcinoma

Full Press Release Details

WEST CHESTER, Pa., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Verrica Pharmaceuticals Inc. (“Verrica”) (Nasdaq: VRCA), a dermatology therapeutics company developing and selling medications for skin diseases requiring medical interventions, today announced that it will be presenting both an oral presentation and a poster on VP-315, its oncolytic peptide for the treatment of basal cell carcinoma (BCC), at the Society for Immunotherapy of Cancer (SITC) 40th Annual Meeting taking place November 5–9, 2025, in National Harbor, Maryland.
The abstract will be available on the SITC website on or about November 4, 2025, at 9 a.m. ET.
Oral and Poster Presentation Details:
Abstract Number: 529
Presentation and Session Information:
Concurrent Session 205b: Rapid Oral Abstract Session - Clinical
12:15–1:15 p.m. ET | Gaylord National Resort and Convention Center - Ballroom Level - Maryland Ballroom CD
Co-Chairs: Kanika Jain, PhD – Ankyra Therapeutics & Abdul Rafeh Naqash, MD – Stephenson Cancer Center
Title: Exploratory analysis of a phase 2 multicenter study evaluating local immune activation in the tumor microenvironment 12 weeks post VP-315, an investigational therapy for basal cell carcinoma (BCC)
Presenter: Kenneth Y. Tsai, MD, PhD, Vice Chair, Research, Department of Pathology, Co-Director, Donald A. Adam Melanoma and Skin Cancer Center of Excellence, Moffitt Cancer Center
Time of Presentation: 12:46 - 12:54 p.m.
Poster Presentation:
Title: Exploratory analysis of a phase 2 multicenter study evaluating local immune activation in the tumor microenvironment 12 weeks post VP-315, an investigational therapy for basal cell carcinoma (BCC)
Authors: Kenneth Y. Tsai, MD, PhD1; David K. Glover ME, PhD2; Neal Bhatia MD3; Jonathan Weiss MD4; Megan Couvillion, MD5; Edward Lain, MD6; Daniel Carrasco, MD7; Benjamin Lockshin, MD8; Abel Jarell, MD9; Laura Ferris, MD10; Andrea Colton, MD11; Raina Agha, MD12; Cynthia Willson RN, BSN13; Thomas F. Haws13; Jayson Rieger PhD, MBA13; Pamela Rumney RN, CCRC13; Susan Cutler DMD13; Gary Goldenberg MD14, 15 Noah Rosenberg MD13
1. Moffitt Cancer Center, Tampa, FL; 2. PBM Capital Group, Charlottesville, VA; 3. Therapeutics Clinical Research, San Diego, CA; 4. Georgia Dermatology Partners and Gwinnett Clinical Research Center Inc., Snellville, GA; 5. Austin Institute for Clinical Research, Houston, TX; 6. Austin Institute for Clinical Research, Pflugerville, TX; 7. Austin Institute for Clinical Research, Dripping Springs, TX;8. Derm Associates, Rockville, MD; 9. Allcutis Research LLC, Portsmouth, NH; 10. Formerly at University of Pittsburgh Medical Center St. Margaret, Pittsburgh, PA; 11. Clearly Derm, Boca Raton, FL; 12. Affinity Health, Oakville, IL; 13. Verrica Pharmaceuticals Inc., West Chester, PA; 14. Assistant Clinical Professor, Dermatology, Icahn School of Medicine at Mount Sinai Hospital, NY, NY; 15. Formerly at Verrica Pharmaceuticals Inc., West Chester, PA.
VP-315 is a potential first-in-class oncolytic chemotherapeutic peptide immunotherapy administered directly into a tumor to induce immunogenic cell death and thereby unleashing a broad spectrum of tumor antigens for T cell responses, which may offer a non-surgical option for patients suffering from skin cancer. The technology is based on pioneering research in “host defense peptides” – nature’s first line of defense towards foreign pathogens. Verrica holds an exclusive worldwide license to develop and commercialize VP-315 for certain dermatologic oncology indications, including non-metastatic melanoma and non-metastatic merkel cell carcinoma, and intends to focus initially on basal cell and squamous cell carcinomas as the lead indications for development. VP-315 has demonstrated positive tumor-specific immune cell responses in multi-indication Phase 1/2 oncology trials.
About Verrica Pharmaceuticals Inc.
Verrica is a dermatology therapeutics company developing medications for skin diseases requiring medical interventions. Verrica’s product YCANTH® (VP-102) (cantharidin), is the first and only healthcare professional-administered treatment approved by the FDA to treat adult and pediatric patients two years of age and older with molluscum contagiosum, a highly contagious viral skin infection affecting approximately 6 million people in the United States, primarily children. YCANTH (VP-102) is also in development to treat common warts, the largest remaining unmet need in medical dermatology. Verrica has also entered a worldwide license agreement with Lytix Biopharma AS to develop and commercialize VP-315 (formerly LTX-315 and VP-LTX-315) for non-melanoma skin cancers including basal cell carcinoma and squamous cell carcinoma. For more information, visit www.verrica.com.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “believe,” “expect,” “may,” “plan,” “potential,” “will,” and similar expressions, and are based on Verrica’s current beliefs and expectations. These forward-looking statements include statements about the potential of VP-315, the Company’s research, development and regulatory plans for VP-315, and the timing of reporting data from the Company’s clinical trials. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements. Risks and uncertainties that may cause actual results to differ materially include risks and uncertainties related to market conditions, satisfaction of customary closing conditions related to the proposed public offering and other risks and uncertainties that are described in Verrica’s Annual Report on Form 10-K for the year ended December 31, 2024, and other filings Verrica makes with the SEC. Any forward-looking statements speak only as of the date of this press release and are based on information available to Verrica as of the date of this release, and Verrica assumes no obligation to, and does not intend to, update any forward-looking statements, whether as a result of new information, future events or otherwise.
FOR MORE INFORMATION, PLEASE CONTACT:

Frequently Asked Questions

What is VP-315 used to treat?

VP-315 is an oncolytic peptide aimed at treating basal cell carcinoma and other skin cancers.

When will the SITC presentation take place?

The SITC presentation will occur from November 5–9, 2025.

Who will present VP-315 at SITC?

Kenneth Y. Tsai, MD, PhD, will present VP-315 at the SITC meeting.

Is VP-315 a surgical treatment?

No, VP-315 offers a non-surgical option for skin cancer patients.

What other skin conditions is Verrica addressing?

Verrica is also developing YCANTH for molluscum contagiosum and common warts.

Last updated: Oct 7, 2025