U.S. markets closed
  • S&P 500

    4,247.44
    +8.26 (+0.19%)
     
  • Dow 30

    34,479.60
    +13.36 (+0.04%)
     
  • Nasdaq

    14,069.42
    +49.09 (+0.35%)
     
  • Russell 2000

    2,335.81
    +24.40 (+1.06%)
     
  • Crude Oil

    70.78
    +0.49 (+0.70%)
     
  • Gold

    1,879.50
    -16.90 (-0.89%)
     
  • Silver

    28.05
    +0.02 (+0.07%)
     
  • EUR/USD

    1.2107
    -0.0071 (-0.58%)
     
  • 10-Yr Bond

    1.4620
    +0.0030 (+0.21%)
     
  • GBP/USD

    1.4117
    -0.0060 (-0.42%)
     
  • USD/JPY

    109.6350
    +0.2870 (+0.26%)
     
  • BTC-USD

    35,833.19
    -1,382.28 (-3.71%)
     
  • CMC Crypto 200

    924.19
    -17.62 (-1.87%)
     
  • FTSE 100

    7,134.06
    +45.88 (+0.65%)
     
  • Nikkei 225

    28,948.73
    -9.83 (-0.03%)
     

Foamix Initiates Phase II Study on Acne Combination Foam

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Foamix Pharmaceuticals Ltd. FOMX announced that the first patient has been enrolled in the phase II study of its topical combination foam, FCD105, comprising minocycline 3% and adapalene 0.3%, for the treatment of moderate-to-severe acne vulgaris. We remind investors that both oral minocycline and topical adapalene products are presently marketed for acne vulgaris in the United States.

While the adapalene 0.3% gel is marketed by Galderma Laboratories’ as Differin, minocycline 3% capsules are marketed under different brand names, like Dynacin, Minocin, and Solodyn. Generic versions of both products are widely available.

The phase II study is expected to enroll about 400 acne vulgaris patients, aged 12 years or older. In the study, patients will be randomized to one of the four treatment arms — FCD105 foam, 0.3% adapalene foam, 3% minocycline foam or vehicle foam and self-application of their assigned treatment once daily — for 12 weeks.

There are three primary endpoints of the study. The first is the proportion of patients achieving success at week 12 based on an Investigator’s Global Assessment. The second is the mean change from baseline in inflammatory lesion counts in each treatment group at week 12. The third is the mean change from baseline in non-inflammatory lesion counts in each treatment group at week 12.

Shares of the company have edged down 0.6% year to date against the industry’s growth of 6.5%.

 

We remind investors that Foamix has also developed FMX101 (minocycline 4% foam) for the treatment of moderate-to-severe acne vulgaris. The new drug application (NDA) is under FDA review and the agency has set an action date of Oct 20. Another candidate being developed by the company is FMX103 for the treatment of moderate-to-severe papulopustular rosacea.

There are other companies developing treatments for acne as well. Bausch Health’s BHC acne candidate IDP-123 is under FDA review and a decision is expected on Dec 22. If approved, IDP-123 will be the first tazarotene acne treatment available in a lotion form.

Foamix Pharmaceuticals Ltd. Price

Foamix Pharmaceuticals Ltd. Price
Foamix Pharmaceuticals Ltd. Price

Foamix Pharmaceuticals Ltd. price | Foamix Pharmaceuticals Ltd. Quote

 

Zacks Rank & Stocks to Consider

Currently, Foamix is a Zacks Rank #3 (Hold) stock.

Some better-ranked stocks in the biotech sector are Dr. Reddy’s Laboratories Ltd. RDY and Evoke Pharma, Inc. EVOK. Both companies sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Dr. Reddy’s earnings per share estimates have increased from $1.69 to $2.06 for 2019 and from $2.12 to $2.31 for 2020 in the past 60 days.

Evoke’s loss per share estimates have narrowed from 41 cents to 35 cents for 2019 and from 22 cents to 19 cents for 2020 over the past 60 days.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.6% per year. These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Foamix Pharmaceuticals Ltd. (FOMX) : Free Stock Analysis Report
 
Evoke Pharma, Inc. (EVOK) : Free Stock Analysis Report
 
Dr. Reddy's Laboratories Ltd (RDY) : Free Stock Analysis Report
 
Bausch Health Cos Inc. (BHC) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research