Veradermics closes $150 million Series C financing

17 October 2025

USA-based clinical-stage dermatology start-up Veradermics has announced the completion of an oversubscribed $150 million Series C financing.

The financing, led by SR One, was designed to support the registrational development and planned New Drug Application (NDA) submission for Veradermics’ lead investigational product, VDPHL01, the potential first and only extended-release oral minoxidil – the same active ingredient as in Rogaine - treatment designed specifically for hair regrowth in women and men.

Veradermics also announced preliminary data from the male cohort from its ongoing Phase II trial studying VDPHL01 for the treatment of pattern hair loss in women and men.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK