Craft

Processa Pharmaceuticals

Stock Price

$1.4

2024-10-29

Market Capitalization

$4.4 M

2024-10-29

Processa Pharmaceuticals Summary

Company Summary

Overview
Processa Pharmaceuticals (formerly Heatwurx) is a company focused on developing treatments for patients with an unmet medical need. Its product candidate, PCS499, is an oral tablet for the treatment of Necrobiosis Lipoidica, a necrotizing skin condition, caused by several pathophysiological changes. The company also investigates the use of PCS499 to treat radiation-related adverse effects in head and neck cancer.
Type
Public
Status
Active
Founded
2017
HQ
Hanover, MD, US | view all locations
Website
https://processapharmaceuticals.com
Cybersecurity rating
Sectors

Key People

  • David Young

    David Young, Chief Executive Officer, Interim Chief Financial Officer and Founder

  • Wendy Guy

    Wendy Guy, Chief Administrative Officer & Founder

  • Patrick Lin

    Patrick Lin, Chief Business & Strategy Officer and Founder

Operating MetricsView all

Office Space Leased, sq. ft.

6.5K

FY, 2019

Pre-IND Phase Products

2

Oct, 2020

Phase I Trials Products

1

Oct, 2020

LocationsView all

1 location detected

  • Hanover, MD HQ

    United States

    7380 Coca Cola Dr #106

Processa Pharmaceuticals Financials

Summary Financials

Net income (Q1, 2026)
($3.4M)
Cash (Q1, 2026)
$1.7M
EBIT (Q1, 2026)
($3.3M)

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