STOCK TITAN

Arcutis Expands Patent Portfolio with Roflumilast Pharmacokinetics Patent

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Arcutis Biotherapeutics (Nasdaq: ARQT) announced a new patent from the U.S. Patent and Trademark Office, enhancing protection for its topical roflumilast formulations aimed at treating psoriasis and other skin conditions. The patent covers the delivery and extended half-life of cream and foam versions of roflumilast, a potent PDE4 inhibitor. CEO Frank Watanabe stated that this patent adds significant protection and validates their dermatology development platform, which is supported by eight existing patents and many pending, projected to last until at least 2037.

Positive
  • New patent for topical roflumilast enhances protection and market position.
  • Patented formulations aim to meet urgent patient needs in dermatology.
Negative
  • Clinical development and regulatory approval processes carry inherent risks.

WESTLAKE VILLAGE, Calif., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology to address the urgent needs of patients living with immune-mediated dermatological diseases and conditions, today announced a new patent issued by the United States Patent and Trademark Office covering its invention for improving delivery and extending half-life of both the cream and foam formulations of topical roflumilast.

Arcutis is developing topical cream and foam formulations of roflumilast, a highly potent and selective phosphodiesterase type 4 inhibitor (PDE4), to treat psoriasis, atopic dermatitis, and seborrheic dermatitis. Clinical trial data has shown that Arcutis’ topical roflumilast formulations are uniquely suited to address unmet patient needs without difficult trade-offs between efficacy, safety, and tolerability.

“We believe this new patent represents important additional protection for our unique, proprietary topical roflumilast treatment, and is separate and distinct from our formulation patents. While we believe our issued and pending formulation patents provide substantial protection for topical roflumilast, having this additional patent covering the unique pharmacokinetic characteristics of our treatment is meaningful additional protection,” said Frank Watanabe, Arcutis’ President and Chief Executive Officer. “This new patent also further validates Arcutis’ dermatological development platform that builds on our deep dermatological expertise, which includes one of the foremost topical formulators and five dermatology clinicians on staff. With eight issued patents and additional pending patents, we expect patent protection at least into 2037.”

About Arcutis
Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT) is a medical dermatology company that champions meaningful innovation to address the urgent needs of patients living with immune-mediated dermatological diseases and conditions. With a commitment to solving the most persistent patient challenges in dermatology, Arcutis harnesses our unique dermatology development platform coupled with our dermatology expertise to build differentiated therapies against biologically validated targets. Arcutis’ dermatology development platform includes a robust pipeline with seven clinical programs for a range of inflammatory dermatological conditions, with our first NDA submission late in the third quarter or early in the fourth quarter of 2021, and three more Phase 3 clinical data readouts anticipated by the end of 2022. The company’s lead product candidate, topical roflumilast, has the potential to advance the standard of care for plaque psoriasis, atopic dermatitis, scalp psoriasis, and seborrheic dermatitis. For more information, visit www.arcutis.com or follow Arcutis on LinkedIn and Twitter.

Forward-Looking Statements
This press release contains "forward-looking" statements, including, among others, statements regarding the potential for roflumilast to revolutionize the standard of care in plaque psoriasis and other inflammatory dermatological conditions. These statements involve substantial known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements and you should not place undue reliance on our forward-looking statements. Risks and uncertainties that may cause our actual results to differ include risks inherent in the clinical development process and regulatory approval process, the timing of regulatory filings, and our ability to defend our intellectual property. For a further description of the risks and uncertainties applicable to our business, see the "Risk Factors" section of our Form 10-K filed with U.S. Securities and Exchange Commission (SEC) on February 16, 2021, as well as any subsequent filings with the SEC. We undertake no obligation to revise or update information herein to reflect events or circumstances in the future, even if new information becomes available.

Contacts:
Media
Amanda Sheldon, Head of Corporate Communications
805-418-5006
asheldon@arcutis.com

Investors
Eric McIntyre, Head of Investor Relations
805-418-5006
emcintyre@arcutis.com

 


FAQ

What is the significance of the new patent issued to Arcutis Biotherapeutics?

The patent enhances protection for topical roflumilast formulations and validates Arcutis' dermatology development platform.

How does Arcutis Biotherapeutics plan to utilize its new patent?

Arcutis plans to leverage this patent to strengthen its market position for treating psoriasis and related skin conditions.

When is Arcutis Biotherapeutics expected to submit its first NDA?

Arcutis plans to submit its first NDA in late Q3 or early Q4 of 2021.

What risks are associated with Arcutis Biotherapeutics' clinical development?

Risks include uncertainties in the clinical development process and regulatory approval.

What diseases are targeted by Arcutis' topical roflumilast formulations?

The formulations are targeted to treat psoriasis, atopic dermatitis, and seborrheic dermatitis.

Arcutis Biotherapeutics, Inc.

NASDAQ:ARQT

ARQT Rankings

ARQT Latest News

ARQT Stock Data

1.80B
103.96M
2.15%
113.6%
21.37%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
WESTLAKE VILLAGE