Dermatology Developer Surges 39% as Clinical Study Validates Skincare Product
Releasing positive clinical efficacy data for a newly commercialized skincare product sparked a same-session rally in a small-cap dermatology stock today, showing how investigator-graded study results can set a consumer brand apart from its competitors. Shares of Dermata Therapeutics Inc. (NASDAQ: DRMA), a San Diego skincare company, jumped Thursday after reporting positive topline results from an open-label cosmetic study evaluating its once-weekly skin renewal product, Tome Foundational Treatment, which launched commercially on August 25. In the 31-participant study, evaluated at Day 29 ...