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    Find the latest Drugs in Development and Pipeline Prospector News of Chroma Dermatology.

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    DermBiont Raises $28 Million and Acquires Chromaderm to Expand Targeted Topical Therapeutics in Development

    Details:

    Acquisition of clinical-stage biotechnology company Chromaderm by DermBiont, will accelerate the development of Chromaderm’s drug candidate, ruboxistaurin (SM-030), topical formulation of the first and only targeted drug to treat skin hyperpigmentation.


    Lead Product(s): Ruboxistaurin

    Therapeutic Area: Dermatology Product Name: SM-030

    Highest Development Status: Phase IProduct Type: Small molecule

    Partner/Sponsor/Collaborator: DermBiont

    Deal Size: Undisclosed Upfront Cash: Undisclosed

    Deal Type: Acquisition December 21, 2021

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