STOCK TITAN

VYNE Therapeutics Inc. - VYNE STOCK NEWS

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

VYNE Therapeutics Inc. (Nasdaq: VYNE) is a biopharmaceutical company focused on the development and commercialization of innovative therapies for dermatological and immuno-inflammatory conditions. Headquartered in Bridgewater, New Jersey, the company was founded in 2003 and initially known as Menlo Therapeutics Inc. before rebranding to VYNE Therapeutics Inc. in September 2020.

VYNE's portfolio includes AMZEEQ, a topical minocycline foam approved for treating inflammatory lesions of non-nodular moderate-to-severe acne vulgaris in patients aged 9 and older. Another key product is ZILXI, which has shown efficacy in managing acne vulgaris. Additionally, VYNE is developing FMX103, presently in Phase III clinical trials aimed at treating moderate-to-severe papulopustular rosacea in adults, and FCD105, a topical combination foam in Phase II trials for moderate-to-severe acne vulgaris.

Expanding its focus, VYNE is advancing the development of serlopitant, a once-daily oral NK1 receptor antagonist, as a treatment for pruritus associated with prurigo nodularis. The company is also innovating in the immuno-inflammatory space with its InhiBET™ platform, featuring advanced product candidates like VYN202 and VYN201. VYN202, an oral small molecule BD2-selective BET inhibitor, has demonstrated promising preclinical results for psoriasis and rheumatoid arthritis. VYN201, designed for local administration, is targeting nonsegmental vitiligo and has shown positive Phase 1b clinical trial results.

Recent developments highlight VYNE's commitment to advancing its pipeline, including the initiation of a Phase 2b trial for VYN201 in vitiligo and clearance of the Investigational New Drug (IND) application by the FDA for VYN202, paving the way for its first-in-human studies.

Rhea-AI Summary

VYNE Therapeutics announced the FDA clearance of its Investigational New Drug application for VYN202, a novel BD2-selective BET inhibitor. In preclinical studies, VYN202 showed consistent reductions in biomarkers and disease severity across various inflammatory and fibrotic models. The Phase 1a trial in healthy volunteers is set to begin this quarter, with top line results expected in the second half of the year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
Tags
-
Rhea-AI Summary

VYNE Therapeutics announced that two abstracts reporting positive preclinical and Phase 1b data of their novel BET inhibitor, VYN201, have been selected for presentation at the 2024 Society for Investigative Dermatology Annual Meeting. The company aims to develop VYN201 as a differentiated therapy for nonsegmental vitiligo.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
none
-
Rhea-AI Summary
VYNE Therapeutics Inc. announced its participation in the H.C. Wainwright 2nd Annual Autoimmune & Inflammatory Disease Virtual Conference. David Domzalski, President, and CEO, along with Dr. Iain Stuart, CSO, will engage in a fireside chat on March 28, 2024, discussing innovative therapies for immuno-inflammatory conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.85%
Tags
conferences
Rhea-AI Summary
VYNE Therapeutics Inc. had a transformative year in 2023, achieving clinical proof-of-concept for VYN201 in vitiligo and securing funding. The company ended 2023 with $93.3 million in cash, providing runway through 2025. Plans include a Phase 2b trial for VYN201 and a Phase 1a trial for VYN202 in Q2 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.29%
Tags
-
Rhea-AI Summary
VYNE Therapeutics announces positive safety and efficacy data for VYN201 in vitiligo treatment, with plans to advance to Phase 2b trial.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
conferences clinical trial
-
Rhea-AI Summary
VYNE Therapeutics Inc. announced that its CEO will participate in a fireside chat at the TD Cowen 44th Annual Health Care Conference. The company is developing therapies for immuno-inflammatory conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
conferences
Rhea-AI Summary
VYNE Therapeutics Inc. (Nasdaq: VYNE) announced new biomarker data from the Phase 1b trial for VYN201, a BET inhibitor, showing positive effects on key biomarkers related to vitiligo. The program is on track for Phase 2b initiation in Q2, following previously announced positive clinical results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
-
Rhea-AI Summary
VYNE Therapeutics Inc. (Nasdaq: VYNE) announced the appointment of Christine Borowski, Ph.D., to its board of directors, effective as of January 1, 2024. Dr. Borowski brings expertise in immunology and extensive experience in the biopharmaceutical industry, which will provide valuable perspectives as VYNE seeks to execute on its strategic objectives of developing novel immuno-inflammatory therapies through its InhiBET™ platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
management
-
Rhea-AI Summary
VYNE Therapeutics Inc. (Nasdaq: VYNE) announced an $88.2 million capital raise, extending funding for BET inhibitor programs through 2025. Positive Phase 1b results for VYN201 in vitiligo and on track for VYN202 IND submission by year-end 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
Rhea-AI Summary
VYNE Therapeutics Inc. will host a virtual R&D Day event to present VYN201 Phase 1b trial results and VYN202 preclinical data, along with its clinical development plans. The event will feature a presentation from Dr. Amit Pandya, former President of the Global Vitiligo Foundation, and a live Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.67%
Tags
conferences

FAQ

What is the current stock price of VYNE Therapeutics (VYNE)?

The current stock price of VYNE Therapeutics (VYNE) is $2.5 as of December 20, 2024.

What is the market cap of VYNE Therapeutics (VYNE)?

The market cap of VYNE Therapeutics (VYNE) is approximately 35.3M.

What does VYNE Therapeutics Inc. specialize in?

VYNE Therapeutics Inc. specializes in developing and commercializing innovative therapies for dermatological and immuno-inflammatory conditions.

What are some key products of VYNE Therapeutics Inc.?

Key products include AMZEEQ, a topical minocycline foam for acne, and ZILXI. VYNE is also developing FMX103 for rosacea, FCD105 for acne, and serlopitant for prurigo nodularis.

What recent advancements has VYNE Therapeutics Inc. made?

Recent advancements include positive preclinical data for VYN202, initiation of Phase 2b trials for VYN201 in vitiligo, and FDA clearance for VYN202’s IND application.

Where is VYNE Therapeutics Inc. headquartered?

VYNE Therapeutics Inc. is headquartered in Bridgewater, New Jersey.

What is the InhiBET™ platform?

The InhiBET™ platform features proprietary bromodomain and extra-terminal domain (BET) inhibitors, including VYN201 and VYN202, targeting immuno-inflammatory conditions.

What is AMZEEQ used to treat?

AMZEEQ is used to treat inflammatory lesions of non-nodular moderate-to-severe acne vulgaris in patients aged 9 and older.

How does VYNE contribute to the treatment of vitiligo?

VYNE is developing VYN201, a locally-administered BET inhibitor, which has shown promising results in clinical trials for nonsegmental vitiligo.

What are BET inhibitors?

BET inhibitors block pro-inflammatory cytokine transcription and have potential in treating immuno-inflammatory and fibrotic diseases. VYNE’s BET inhibitors include VYN201 and VYN202.

What phase is VYN202 currently in?

VYN202 is progressing to Phase 1a single ascending dose/multiple ascending dose (SAD/MAD) trials in healthy volunteers.

How can investors stay updated on VYNE Therapeutics Inc.?

Investors can stay updated through VYNE’s website, press releases, SEC filings, public conference calls, and webcasts.

VYNE Therapeutics Inc.

Nasdaq:VYNE

VYNE Rankings

VYNE Stock Data

35.26M
13.38M
8.43%
51.92%
0.69%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
BRIDGEWATER