Verrica Pharmaceuticals Announces Achievement of Milestones Unlocking Access to the Full $27.5 Million of Non-Dilutive Growth Capital Under Credit Facility
Verrica Pharmaceuticals said it met the pre-defined revenue, growth and operational milestones under its credit facility, increasing the maximum commitment by $15 million and unlocking access to the full $27.5 million. The company said the capital can support YCANTH business growth and its global Phase 3 common warts program through topline readouts, the first expected in Q1 2027.
Why it matters — The expanded non-dilutive capital availability may support Verrica’s stated commercial and clinical development plans.