Sol-gel technologies announces fda approval of twyneo®

Ness ziona, israel, july 27, 2021 (globe newswire) -- sol-gel technologies, ltd. (nasdaq: slgl), a dermatology company focused on identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases, today announced that the food and drug administration (fda) has approved its first proprietary drug product, twyneo (tretinoin/benzoyl peroxide) cream, 0.1%/3%, indicated for the treatment of acne vulgaris in adults and pediatric patients nine years of age and older. twyneo uses sol-gel's patented technology to entrap tretinoin, a retinoid, and benzoyl peroxide within silica-based microcapsules to stabilize tretinoin from being degraded by benzoyl peroxide and to slowly release each of the active drug ingredients over time to provide a favorable efficacy and safety profile. twyneo is patent protected until 2038. sol-gel has partnered with galderma to commercialize twyneo in the u.s. sol-gel expects to receive a regulatory milestone payment in conjunction with this approval and retains the option to regain u.s. commercialization rights five years following first commercialization in the u.s.
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