Benzinga | May 28, 2021 08:43AM EDT

Verrica's VP-102 Application Review for Molluscum Contagiosum Delayed till September

* The FDA has extended the review period for the marketing application for Verrica Pharmaceuticals Inc's (NASDAQ:VRCA) VP-102 to treat molluscum contagiosum (molluscum).

* Now the Prescription Drug User Fee Act (PDUFA) goal date is September 23.

* The FDA extended the review period to have additional time for the information submitted by Verrica, including its training program and distribution model, in response to comments from the agency regarding the Company's human factors study.

* Price Action: VRCA shares are down 3.82% at $11.33 in the premarket session on the last check Friday.