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Veradermics Names Reid Waldman as Chief Executive Officer

PUBLIC · MANEDec 11, 2024

Company

VeraDermics

West HartfordHealthcareHealth Care

Description

Veradermics announced the closing of a $75 million Series B financing, led by Suvretta Capital Management and Longitude Capital. The financing will be used to fund the ongoing pivotal clinical development of Veradermics’ lead candidate VDPHL01 for the treatment of androgenetic alopecia (AGA) or pattern hair loss (PHL).

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Company Information

Company

VeraDermics

Location

West Hartford, Connecticut, United States

About

Veradermics is a dermatologist-founded, late clinical-stage biopharmaceutical company focused on turning everyday dermatology and aesthetics problems into clear, proven care. We are on a mission to make long-ignored dermatology and aesthetics conditions simple, replacing false hope, confusion, and questionable results with solutions that people and providers can trust. Our lead investigational product has the potential to be the first non-hormonal oral therapeutic for hair regrowth in women and men. Pattern hair loss, also known as androgenetic alopecia, is the largest aesthetics condition worldwide, with no new approved prescription therapies in nearly 30 years.

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VeraDermics changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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