Quoin Pharmaceuticals, Ltd., a specialty pharmaceutical company, focuses on the development of therapeutic products for rare and orphan diseases. The company's lead product is QRX003, a topical lotion to treat Netherton Syndrome. It also develops QRX004 for the treatment dystrophic epidermolysis bullosa; and QRX006, a therapy to treat rare skin disease. The company is based in Ashburn, Virginia.
Quoin Pharmaceuticals Provides Corporate Update and Reports Second Quarter 2026 Financial Results
Quoin Pharmaceuticals received FDA clearance for the first-ever IND in Peeling Skin Syndrome, with a Phase 2/3 study expected to initiate in the second half of 2026.
The company also reported conditional FDA approval of the QYLEKI brand name for QRX003 in Netherton Syndrome and secured a U.S. patent allowance for a combination treatment.
Financially, Quoin holds $10.8 million in cash and marketable securities, which it believes will fund operations into 2027, while Q2 net loss widened to $5.4 million due to increased R&D spending.