Last deal

$150M

Amount

Post-IPO Equity

Stage

28.02.2024

Date

8

all rounds

$833.5M

Total amount

General

About Company
Arcutis Biotherapeutics is developing and commercializing treatments for immune-mediated dermatological diseases and conditions.

Industry

Sector :

Subsector :

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Also Known As

Arcutis, Inc

founded date

06.01.2016

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The California-based company, founded in 2016, is leveraging recent advances in immunology and inflammation to develop differentiated therapies against biologically validated targets to solve persistent treatment challenges in serious diseases of the skin. Its lead product candidate, roflumilast cream, has successfully completed pivotal Phase 3 clinical trials in plaque psoriasis, demonstrating symptomatic improvement and favorable tolerability in this population. The company's management team has extensive expertise in the development and commercialization of medical dermatology products, having held key leadership roles at a number of leading dermatology companies and, collectively, has successfully developed more than 50 FDA-approved products. By leveraging their team's unique experience and demonstrated expertise, Arcutis aims to develop differentiated products in less time, at lower cost, and at substantially lower risk than other approaches.
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