Record Growth in YCANTH Dispensed Units
Verrica Pharmaceuticals reported a record 13,434 YCANTH dispensed applicator units in Q2 2025, representing a 32.8% sequential quarterly growth over the prior quarter.
Strategic Partnership and Financial Milestone
Verrica strengthened its partnership with Torii Pharmaceutical, securing Torii's financial commitment to a global Phase III program for YCANTH and receiving an $8 million milestone payment.
Revenue Increase
Total revenue for Q2 2025 was $12.7 million, up from $5.2 million in Q2 2024, driven by milestone revenue and net YCANTH sales.
Operational Cost Management
Selling, general, and administrative expenses decreased by $7.7 million compared to Q2 2024, due to a focused commercial strategy for YCANTH.
Positive Net Income
GAAP net income was $0.2 million for Q2 2025, compared to a net loss of $17.2 million in Q2 2024.