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Home » Foamix secures $64M to support commercial prep for acne, rosacea candidates
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Foamix secures $64M to support commercial prep for acne, rosacea candidates

July 31, 2019
By Michael Fitzhugh
Foamix Pharmaceuticals Ltd., an Israeli specialty pharma developing foam-based formulations of minocycline for moderate-to-severe acne and rosacea, has secured up to $64 million in financing from Perceptive Advisors and Orbimed, its two largest shareholders. The funds, comprised of loans and proceeds of a registered direct offering, are expected to support potential commercial launches for FMX-101 and FMX-103, pending FDA approval, the company said.
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