Processa Pharmaceuticals, Inc. is a biopharmaceutical company in the clinical development stage, committed to identifying and progressing therapeutic agents for patients with critical unmet medical requirements throughout the United States. The company's leading investigational drug, PCS499, is an oral tablet presently undergoing Phase 2B clinical assessment. It aims to treat both ulcerative and non-ulcerative manifestations of necrobiosis lipoidica, a chronic and disfiguring dermatological condition. Processa's portfolio also features PCS12852, a unique selective 5-hydroxytryptamine 4 (5-HT4) receptor agonist. This compound is currently in Phase 2A clinical trials for its potential application in managing gastroparesis, chronic constipation, constipation-predominant irritable bowel syndrome, and functional dyspepsia. Furthermore, the firm is advancing PCS3117, a cytosine analog, which has reached Phase 2B clinical trials for its use in pancreatic cancer and non-small cell lung cancer. Another candidate, PCS6422, an oral, potent, selective, and irreversible inhibitor of dihydropyrimidine dehydrogenase, is progressing through Phase 1B clinical trials for metastatic colorectal and breast cancers. In addition, Processa is developing PCS11T, an analog derived from the drugs SN38 and irinotecan, intended for the treatment of diverse cancer types. The company was founded in 2011 and maintains its corporate headquarters in Hanover, Maryland.
Processa Pharmaceuticals to Participate in Upcoming Investor Conferences
Processa Pharmaceuticals announced that it will participate in two upcoming investor conferences, with presentations scheduled at the Wells Fargo 21st Annual Healthcare Conference on September 10 and the H.C. Wainwright 28th Annual Global Investment Conference on September 11.
Board member Sheila Gujrathi, M.D. will present on behalf of the company, providing context on the recent acquisition of Vidya Therapeutics and the approximately $200 million private placement closed in July 2026.
Processa's lead candidate VT-7208 is a Bruton's tyrosine kinase (BTK) inhibitor currently advancing toward Phase 2 proof-of-concept studies for immune-mediated diseases and relapsing multiple sclerosis.