Tarsus Eyedrop Breakthrough Sends Stock Soaring: 10.9% Rally and Counting
Tarsus Pharmaceuticals is a biopharma focused on eye care. Its flagship product XDEMVY was FDA-approved in July 2023 as the first-ever treatment for Demodex blepharitis globenewswire.com. Tarsus reports that XDEMVY’s launch has exceeded expectations – CEO Bobak Azamian called the Q2 results their “strongest quarter to date” and emphasized XDEMVY as the new standard of care nasdaq.com. Management notes more than 20,000 eye doctors are now prescribing XDEMVY nasdaq.com, backed by national TV advertising globenewswire.com and an expanded sales team. The company now covers >90% of U.S. patients nasdaq.com, and patient engagement has surged with the marketing push nasdaq.com. Beyond XDEMVY, Tarsus is building a pipeline in related eye disorders. Its lead programs are TP‑04, a lotilaner eyelid gel for ocular rosacea, and TP‑05, an oral lotilaner pill aimed at tick-borne Lyme disease prevention. Both target Demodex mites that also drive these conditions globenewswire.com nasdaq.com. A Phase 2 trial of TP‑04 is slated for H2 2025 nasdaq.com, and TP‑05 Phase 2 is planned in 2026 nasdaq.com. In sum, the company calls 2025 a “transformational” year, leveraging strong XDEMVY momentum while advancing its eye-care pipeline nasdaq.com globenewswire.com.