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Venture Capital News: Precision Dermatology Secures $29M

CUMBERLAND, RI, PreCision Dermatology operates in key segments of the dermatology market. According to SEC filings, the firm raised $29.4 million.
PreCision Dermatology is a significant player in the rapidly growing dermatology and skincare markets. PreCision Dermatology plans to expand quickly through acquisitions, in-licensing, co-marketing opportunities and by commercializing its own breakthrough products to allow everyone to benefit from healthy, beautiful skin. According to SEC filings, the firm raised $29.4 million.

Led by an experienced senior management team and an eminent group of scientific advisors, PreCision Dermatology aims to operate in the key segments of the dermatology market. The PreCision team is dedicated to developing products backed by rigorous science that fulfill unmet therapeutic needs in dermatology. Through the Company's recent acquisition of Onset Dermatologics LLC (, a prescription dermatology company with a portfolio of unique marketed products, PreCision gained product development and regulatory expertise, an extensive product pipeline backed by intellectual property, a full cGMP state-of-the-art manufacturing facility and an established, highly trained national sales force focused on dermatologists. These core building blocks provide PreCision Dermatology with a solid foundation for expansion and success.
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