- The stock price of Vyne Therapeutics Inc (NASDAQ: VYNE) increased by over 70% pre-market today as of 7:06 AM ET today. This is why it happened.
The stock price of Vyne Therapeutics Inc (NASDAQ: VYNE) increased by over 70% pre-market today as of 7:06 AM ET today. These are some of the reasons why.
The stock price of the company increased by over 13% in the past month. And about a month ago, Vyne passed the FDA process for advancing a third product called FCD105 for Phase 3 development.
FCD105 (3% minocycline / 0.3% adapalene foam) would be the first minocycline-based combination product, which is used for treating moderate-to-severe acne vulgaris. The Phase 3 trials are expected to happen in the first half of this year.
Investors also appear to be responding to a recent video published by Market Gains, which discussed the institutional investors that bought heavy stakes into the company recently.
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