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07-11 18:21
Ligand Pharmaceuticals Incorporated (NASDAQ:LGND) today announced that its partner Pelthos Therapeutics Inc. (NYSE:PTHS) has commercially launched ZELSUVMI™ (berdazimer) topical gel 10.3%, the first and only
07-10 20:09
Ligand Pharmaceuticals announced that its partner Pelthos Therapeutics has launched ZELSUVMI™, the first FDA-approved at-home treatment for molluscum contagiosum, earning Ligand a $5 million milestone payment. Ligand now owns 56% of Pelthos post-merger and is entitled to a 13% royalty on ZELSUVMI sales and up to an additional $5 million in milestones. ZELSUVMI, developed using Ligand's NITRICIL™ technology, is the first topical prescription medic...
07-10 12:00
Gainers Mustang Bio (NASDAQ:MBIO) stock increased by 217.6% to $3.78 during Mo...
07-08 01:06
The combined company plans to launch ZELSUVMI™ for the treatment of molluscum contagiosum infections in July 2025Concurrent with the closing of the merger, the combined company closed on a $50.1 million equity
07-02 19:14
Ligand Pharmaceuticals completed its merger with Channel Therapeutics to form Pelthos Therapeutics, which will begin trading on the NYSE American under the ticker "PTHS" on July 2, 2025. Pelthos plans to launch ZELSUVMI, a novel topical gel for treating Molluscum contagiosum infections, later this summer. Ligand invested $18 million in the combined company and will receive a 13% royalty on ZELSUVMI's worldwide sales. The merger also included a $5...
07-02 11:00
Pelthos Therapeutics Inc., formed through the merger of Channel Therapeutics and Ligand’s LNHC, will debut on the NYSE American exchange under ticker "PTHS" on July 2, 2025. The company plans to launch ZELSUVMI™, a novel topical gel for molluscum contagiosum, in July 2025. Concurrently, Pelthos secured $50.1 million in a private equity placement, including repayment of $18.8 million in prior bridge financing. The company aims to leverage its nitr...
07-02 11:00