Market OpportunityPalvella will be pursuing the development of QTORIN pitavastatin in disseminated superficial actinic porokeratosis (DSAP), a rare dermatological disease with no FDA-approved therapies, presenting a sizeable market opportunity.
Pipeline ExpansionExpanding the QTORIN platform beyond Rapamycin to include a statin provides evidence of the breadth and scalability of the platform, in addition to the platform's versatility for future product candidates.
Product DevelopmentPalvella unveiled its first non-rapamycin QTORIN platform product, which is QTORIN pitavastatin, an FDA-approved statin that acts as an inhibitor of the mevalonate pathway.