
Biopharma company Pelthos Therapeutics (NYSE American: PTHS) has acquired the US commercialization rights to Xepi (ozenoxacin) Cream, 1%, from Biofrontera (Nasdaq: BFRI) and Ferrer Internacional.
Xepi is a non-fluorinated quinolone antimicrobial indicated for the topical treatment of impetigo due to Staphylococcus aureus or Streptococcus pyogenes in adult and pediatric patients aged two months and older.
Pelthos has also closed an $18 million private convertible notes financing with existing investors, including Ligand Pharmaceuticals (Nasdaq: LGND) and a group of participants led by Murchinson.
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