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Baldness pill moves closer to market after positive late-stage trial

The Australian Financial Review (AFR) •
October 21, 2026 • 01:53 AM
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Veradermics’ experimental drug met the main goals in a study of 536 men with mild-to-moderate hair loss.

Baldness pill moves closer to market after positive late-stage trial

The first new pill for pattern baldness in almost three decades is moving closer to the market after a positive late-stage trial.

Drug developer Veradermics said on Monday (Tuesday AEDT) that its experimental pill, VDPHL01, met the main goals in a study of 536 men with mild-to-moderate hair loss. The medicine is an extended-release version of minoxidil, the main ingredient in the popular topical treatment Rogaine.

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