Arcutis Biotherapeutics, Inc. (ARQT)
Arcutis Biotherapeutics, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Westlake Village, CA, US. The stock last traded at $26.38, down 5.04% on the session, giving a market capitalisation of $3.30B. On trailing twelve-month figures it carries a trailing P/E of 119.47, a net margin of 6.1%. Its beta of 1.50 implies it has historically moved more than the broad market.
Arcutis Biotherapeutics, Inc. is a biopharmaceutical firm dedicated to developing and marketing therapies for a range of skin-related diseases. The company's flagship investigational compound, ARQ-151, a roflumilast cream administered topically, has successfully concluded late-stage clinical development for treating both plaque psoriasis and atopic dermatitis. Beyond its lead asset, Arcutis's pipeline includes several other promising compounds. Among these is ARQ-154, a roflumilast foam applied topically, aimed at seborrheic dermatitis and scalp psoriasis. Furthermore, ARQ-252, a topical selective Janus kinase type 1 (JAK1) inhibitor, is under investigation for hand eczema and vitiligo. ARQ-255, a variation of ARQ-252 designed for deeper dermal absorption, is being explored for alopecia areata. Established in 2016, the company was initially named Arcutis, Inc. before changing to Arcutis Biotherapeutics, Inc. in October 2019. Its corporate headquarters are situated in Westlake Village, California.
Arcutis Biotherapeutics, Inc. is most often compared with the following Healthcare names: