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2 stories mentioning ARQTUpdated 10m ago

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Wire

Arcutis Biotherapeutics' Zoryve Gets Health Canada Approval for Children With Atopic Dermatitis

Arcutis Biotherapeutics' (ARQT) Arcutis Canada unit said Thursday that Health Canada has approved Zoryve cream 0.05% to treat mild to moderate atopic dermatitis in children 2 to 5 years old.The approval is based on data from a phase 3 trial, which met its primary and key secondary endpoints, showing improvements in disease severity, with benefits observed as early as week 1, the company said.Trial results were well-tolerated through week 56, with treatment-emergent adverse events predominantly mild to moderate in severity, the company said.Price: $24.99, Change: $-1.47, Percent Change: -5.56%

$ARQT
Sectors

Sector Update: Healthcare Stocks Edge Higher Premarket Tuesday

Healthcare stocks were edging higher premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.2% higher and the iShares Biotechnology ETF (IBB) up 0.4%.Pacira Biosciences (PCRX) has agreed to sell its Iovera cold-therapy pain relief system to Zimmer Biomet (ZBH) for up to $140 million. Pacira BioSciences shares were up more than 3% and Zimmer Biomet stock declined by more than 1% pre-bell.Arcutis Biotherapeutics (ARQT) shares were up more than 1% after the company said the US Food and Drug Administration cleared an expanded use of its Zoryve cream to treat plaque psoriasis in children as young as 2 years old.Evotec (EVO) has expanded its Just-Evotec Biologics services with J.TRAIN, a new offering that lets biopharmaceutical companies use Evotec's manufacturing technology within their own facilities on a turnkey basis, the company said. Evotec shares were up more than 1% pre-bell.

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