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Crossover investors help Arcutis raise $95M to advance PDE-4 inhibitor for psoriasis

Arcutis raised $94.5 million in a series C financing to advance lead product ARQ-151, a topical formulation of the PDE-4 inhibitor roflumilast, through Phase III trials for mild-to-moderate psoriasis.

Arcutis Biotherapeutics Inc. co-founder Chairman Bhaskar Chaudhuri

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