other material
confidence high
sentiment positive
materiality 0.55
Skinvisible licensee Quoin reports positive Netherton Syndrome clinical results; $5M milestone payment upon approval
SKINVISIBLE, INC.
- Quoin's QRX003 (using Invisicare) showed 'severe' to 'mild' improvement after 6 weeks in Netherton Syndrome studies.
- FDA cleared a whole-body study at Northwestern University; no adverse events reported to date.
- Clinical trials expanded to UK, Ireland, and Saudi Arabia; product licensed in 60 countries.
- Skinvisible to receive $5M milestone payment plus ongoing royalties upon FDA or EU approval.
- Skinvisible actively seeking partnerships for transdermal obesity therapies and other formulations.