VYNE Therapeutics Reports Year-End 2022 Financial Results and Provides Business Update
BRIDGEWATER, N.J., March 09, 2023 (GLOBE NEWSWIRE) -- VYNE Therapeutics Inc. (Nasdaq: VYNE) (“VYNE” or the “Company”), a clinical-stage biopharmaceutical company focused on developing proprietary, innovative and differentiated therapies for the treatment of immuno-inflammatory conditions, today announced financial results for the fourth quarter and year ended December 31, 2022 and provided a business update.
- “With only one FDA-approved therapy currently available for this large patient population, vitiligo remains a significant unmet medical need.
- Based on these preliminary results, the Company has selected three doses for testing in the Phase 1b portion of the trial.
- The patent, exclusively licensed to Tay Therapeutics Ltd. ("Tay") and sublicensed to VYNE, will expire in April 2040.
- In February 2023, VYNE and its license partner, Tay, extended the exclusive option agreement for VYN202 to April 30, 2023.