STOCK TITAN

Tarsus Pharmaceuticals, Inc. - TARS STOCK NEWS

Welcome to our dedicated page for Tarsus Pharmaceuticals news (Ticker: TARS), a resource for investors and traders seeking the latest updates and insights on Tarsus Pharmaceuticals stock.

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.

Rhea-AI Summary
Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS) to host live webcast for Q3 2023 financial results and corporate update
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
conferences earnings
-
Rhea-AI Summary
Tarsus Pharmaceuticals, Inc. announces launch of XDEMVY™ for prescription, CEO to ring closing bell at Nasdaq Stock Market
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
Tags
-
Rhea-AI Summary
Tarsus Pharmaceuticals, Inc. announces participation in upcoming conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
conferences
Rhea-AI Summary
Tarsus Pharmaceuticals announces availability of XDEMVY for Demodex blepharitis treatment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.53%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.99%
Tags
-
Rhea-AI Summary
Tarsus Pharmaceuticals has received FDA approval for XDEMVY, the first and only treatment for Demodex blepharitis. XDEMVY targets the root cause of the disease and has shown efficacy in clinical trials. It is expected to be available by prescription by the end of August 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.82%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
Tags
conferences
Rhea-AI Summary
Tarsus Pharmaceuticals announced financial results for Q1 2023 and recent business achievements. They are preparing for the potential launch of TP-03, the first FDA-approved treatment for Demodex blepharitis. They also provided updates on their pipeline studies and disease education campaigns. Q1 net loss was $23.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.79%
Tags

FAQ

What is the current stock price of Tarsus Pharmaceuticals (TARS)?

The current stock price of Tarsus Pharmaceuticals (TARS) is $46.23 as of November 4, 2024.

What is the market cap of Tarsus Pharmaceuticals (TARS)?

The market cap of Tarsus Pharmaceuticals (TARS) is approximately 1.8B.

What is Tarsus Pharmaceuticals' main focus?

Tarsus Pharmaceuticals focuses on developing and commercializing novel therapeutic candidates for ophthalmic conditions, starting with eye care.

What is XDEMVY?

XDEMVY (lotilaner ophthalmic solution) 0.25% is an FDA-approved eye drop designed to treat Demodex blepharitis by eradicating Demodex mite infestations.

What are the current projects of Tarsus Pharmaceuticals?

Tarsus is advancing several therapeutic candidates, including TP-03 for Meibomian Gland Disease, TP-04 for rosacea, and TP-05 for Lyme disease prophylaxis and community malaria reduction.

What recent achievements has Tarsus Pharmaceuticals accomplished?

Tarsus has reported significant clinical improvements with TP-03 for MGD and promising results with TP-05 for Lyme disease prophylaxis. They also launched the 'Mite Party' campaign for XDEMVY.

Who are the key partners of Tarsus Pharmaceuticals?

Tarsus collaborates with leading institutions like Tufts University School of Medicine and has strategic partnerships with investment firms such as Goldman Sachs, BofA Securities, and Guggenheim Securities.

Where is Tarsus Pharmaceuticals headquartered?

Tarsus Pharmaceuticals is headquartered in Irvine, California.

What is Demodex blepharitis?

Demodex blepharitis is a common eyelid margin disease caused by an infestation of Demodex mites, leading to inflammation, redness, and irritation.

What are the side effects of XDEMVY?

The most common side effects of XDEMVY in clinical trials were stinging and burning in 10% of patients. Less common side effects include chalazion, hordeolum (stye), and punctate keratitis.

What is TP-03?

TP-03 is an investigational therapy being developed for the treatment of Meibomian Gland Disease, often associated with Demodex mite infestation.

How does TP-05 work?

TP-05 is an oral systemic formulation of lotilaner, designed to kill ticks and potentially prevent the transmission of Lyme disease.

Tarsus Pharmaceuticals, Inc.

Nasdaq:TARS

TARS Rankings

TARS Stock Data

1.81B
38.04M
8.77%
112.77%
25.44%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
IRVINE