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Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) is a clinical-stage biopharmaceutical company based in Irvine, California, dedicated to the development and commercialization of novel therapeutic candidates for ophthalmic conditions. Founded in 2016, Tarsus stands at the forefront of eye care innovation with a mission to revolutionize treatments for patients by addressing unmet needs through proven science and new technology.
The company’s flagship product, XDEMVY® (lotilaner ophthalmic solution) 0.25%, was approved by the FDA in 2023. XDEMVY is a pioneering eye drop designed to treat Demodex blepharitis, a common eyelid inflammation caused by an infestation of Demodex mites. Clinical trials involving more than 800 patients demonstrated its efficacy, meeting primary and secondary endpoints with no serious treatment-related adverse events.
Beyond XDEMVY, Tarsus is advancing a diverse pipeline of therapeutic candidates. TP-03 is under investigation for the treatment of Meibomian Gland Disease (MGD), a condition often comorbid with Demodex infestation. TP-04 is being developed for the treatment of papulopustular rosacea (PPR), while TP-05 is explored as a groundbreaking oral prophylactic for Lyme disease and community malaria reduction.
The company’s recent achievements underscore its commitment to advancing therapeutic options in ophthalmology and beyond. Tarsus reported significant clinical improvements in MGD with TP-03, highlighting its potential to address underlying causes of the disease. Additionally, TP-05 showed promising results in early trials, demonstrating high tick mortality rates and suggesting potential as an on-demand prophylactic against Lyme disease.
Tarsus Pharmaceuticals collaborates with leading institutions like Tufts University School of Medicine to bolster its research endeavors. The company is also gaining traction in the marketplace, evidenced by strong quarterly financial results and strategic partnerships with major investment firms such as Goldman Sachs, BofA Securities, and Guggenheim Securities.
With ongoing consumer awareness campaigns such as “Mite Party” for XDEMVY, Tarsus is actively engaging patients and healthcare providers to improve diagnosis and treatment outcomes for Demodex blepharitis. This multi-channel initiative aims to educate the public about the prevalence and impact of Demodex infestation, encouraging patients to seek professional care.
Committed to patient-centric innovation, Tarsus Pharmaceuticals continues to expand its footprint in eye care and explore new therapeutic frontiers, striving to make a significant impact on public health through scientifically driven solutions.
Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) announced that Bobak Azamian, M.D., Ph.D., CEO and Chairman, will participate in a fireside chat at the 2024 Bank of America Healthcare Conference. The event aims to revolutionize treatment for patients, starting with eye care. The webcast and presentation details are available on the Tarsus website.
Tarsus Pharmaceuticals, Inc. reported a successful first quarter of 2024, with $24.7 million in net product sales of XDEMVY, an 89% increase over the previous quarter. The company delivered approximately 26,000 bottles of XDEMVY to patients, expanded its sales force, secured multiple commercial payer contracts, and strengthened its financial position with a public equity offering and financing commitment. Tarsus remains on-track for broad commercial coverage by the end of 2024 and Medicare coverage in 2025. The company continues to advance its pipeline and engage with the FDA on new treatments. Despite positive revenue growth, Tarsus saw an increase in net loss due to higher expenses, primarily in research and development as well as selling, general, and administrative costs.
Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) will report its first quarter 2024 financial results on May 8, 2024. The company focuses on unmet needs in eye care. A live webcast will be held to provide the results and a corporate update.
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