Form 8-K
8-K — Journey Medical Corp
Accession: 0001104659-26-046158
Filed: 2026-04-21
Period: 2026-04-21
CIK: 0001867066
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Other Events
Item: Financial Statements and Exhibits
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EX-99.1 — EXHIBIT 99.1 (tm2612310d1_ex99-1.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): April 21, 2026
Journey Medical Corporation
(Exact Name of Registrant as Specified in Charter)
Delaware
001-41063
47-1879539
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(I.R.S.
Employer
Identification No.)
9237 E Via de Ventura Blvd., Suite 105
Scottsdale, AZ 8525
(Address of principal executive offices)
Registrant’s telephone number, including
area code: (480) 434-6670
Check the appropriate box below if the Form
8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange
on which registered
Common Stock
DERM
The Nasdaq Capital Market
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01
Other Events.
On April 21, 2026, Journey
Medical Corporation (the “Company”) announced an expansion in pharmacy benefit coverage for Emrosi™ (40 mg Minocycline
Hydrochloride Modified-Release Capsules, 10 mg immediate release and 30 mg extended release), the Company’s treatment for the inflammatory
lesions of rosacea in adults. A copy of the press release issued by the Company is attached hereto as Exhibit 99.1 and incorporated herein
by reference.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are furnished herewith:
Exhibit
Number
Description
99.1
Press release issued by Journey Medical Corporation, dated April 21, 2026
104
Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL).
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Journey Medical Corporation
(Registrant)
By:
/s/ Claude Maraoui
Claude Maraoui
Chief Executive Officer, President and Director
Date: April 21, 2026
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2612310d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Journey Medical
Corporation Secures Contract with Third Major GPO for Emrosi™
Payer access for Emrosi™ expanded from
approximately 100 million commercial lives to over 150 million commercial lives as of April 1, 2026
Scottsdale, AZ – April 21, 2026 –
Journey Medical Corporation (Nasdaq: DERM) (“Journey Medical” or “the Company”, “we”, or “our”),
a commercial-stage pharmaceutical company primarily focused on developing, selling and marketing FDA-approved prescription pharmaceutical
products for the treatment of dermatological conditions, today announced that approximately
85% of all commercial lives in the United States now have access to Emrosi™ (40
mg Minocycline Hydrochloride Modified-Release Capsules, 10 mg immediate release and 30 mg extended release) after
contracting with the third major group purchasing organization (GPO). Emrosi™ is
for the treatment of inflammatory lesions of rosacea in adults. Journey Medical
continues to execute on the launch of Emrosi™, with expanded payer
access anticipated to facilitate further growth in total prescription demand.
“We are extremely pleased with the completion
of this milestone for Emrosi™,” said Claude Maraoui, Co-Founder, President, and CEO of Journey Medical Corporation. “Our
focus on delivering cost-effective access to high-quality dermatology therapies is expected to expand coverage and improve patient access,
positioning Emrosi™ for sustained commercial growth. Now that our contracts have been secured with the three major GPOs, we look
forward to continuing to increase coverage for Emrosi™ for patients nationwide by converting access into coverage. Our efforts remain
on health plan formulary adoption, on both a national and regional level, throughout 2026 and beyond, supporting Emrosi’s™
potential to become the standard of care in rosacea and driving long-term value creation. As formulary adoption continues to increase,
we expect there to be less reliance on our co-pay bridging program and an improvement in profitability for the brand.”
About Rosacea
Rosacea is a chronic, relapsing, inflammatory
skin condition that most commonly presents with symptoms such as deep facial redness, acne-like inflammatory lesions (papules and pustules)
and spider veins (telangiectasia). According to The National Rosacea Society, it is estimated that rosacea affects
over 17 million Americans and as many as 415 million people worldwide. Rosacea is most frequently seen in adults between 30 and
50 years of age. Surveys conducted by The National Rosacea Society report that more than 90 percent of rosacea patients
said their condition had lowered their self-confidence and self-esteem, and 41 percent stated that it had caused them to avoid public
contact or cancel social engagements. Among rosacea patients with severe symptoms, 88 percent said the disorder had adversely affected
their professional interactions, and 51 percent said they had missed work because of their condition.
Important Safety Information
Indication: EMROSI™ is indicated
for the treatment of inflammatory lesions (papules and pustules) of rosacea in adults. Adverse Events: The most common
adverse reaction reported by ≥1% of subjects treated with EMROSI and more frequently than in subjects receiving placebo was dyspepsia. Contraindications: EMROSI
should not be taken by patients who have a history of hypersensitivity to any of the tetracyclines. Warnings/Precautions: Cases
of anaphylaxis, serious skin reactions (e.g., Stevens-Johnson syndrome), erythema multiforme, and drug rash with eosinophilia and systemic
symptoms (DRESS) syndrome have been reported postmarketing with minocycline use in patients with acne. If DRESS syndrome is recognized,
discontinue EMROSI immediately. Use during the second and third trimesters of pregnancy, infancy and childhood up to the age of 8 years
may cause permanent discoloration of the teeth and reversible inhibition of bone growth. Discontinue EMROSI use if Antibiotic-Associated
Colitis occurs. Discontinue EMROSI if liver injury is suspected. Patients experiencing light-headedness, dizziness or vertigo should
be cautioned about driving vehicles or operating heavy machinery. Clinical manifestations include headache, blurred vision, diplopia,
and vision loss. Discontinue EMROSI immediately if symptoms occur. Symptoms may be manifested by fever, rash, arthralgia, and malaise.
Discontinue EMROSI immediately if symptoms occur. Patients should minimize or avoid exposure to natural or artificial sunlight while
using EMROSI. Tetracycline-class antibiotics are known to cause hyperpigmentation. EMROSI may induce hyperpigmentation in many organs,
including nails, bone, skin, eyes, thyroid, visceral tissue, oral cavity, sclerae and heart valves. Because of the potential for drug-resistant
bacteria to develop during the use of EMROSI, use EMROSI only as indicated. If superinfection occurs, discontinue EMROSI and institute
appropriate therapy. Perform periodic laboratory evaluations of organ systems, including hematopoietic, renal and hepatic studies. You
are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or
call 1-800-FDA-1088.
For full prescribing information, please visit www.emrosi.com.
About Journey Medical Corporation
Journey Medical Corporation (Nasdaq: DERM) (“Journey
Medical”) is a commercial-stage pharmaceutical company that primarily focuses on developing, selling and marketing FDA-approved
prescription pharmaceutical products for the treatment of dermatological conditions through its efficient sales and marketing model.
The Company currently markets eight branded FDA-approved prescription drugs that help treat and heal common skin conditions. The Journey
Medical team comprises industry experts with extensive experience in developing and commercializing some of dermatology’s most
successful prescription brands. Journey Medical is located in Scottsdale, Arizona and was founded by Fortress Biotech, Inc. (Nasdaq:
FBIO). Journey Medical’s common stock is registered under the Securities Exchange Act of 1934, as amended, and it files periodic
reports with the U.S. Securities and Exchange Commission (“SEC”). For additional information about Journey Medical, visit
www.journeymedicalcorp.com.
Forward-Looking Statements
This press release may contain “forward-looking
statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. As used below and throughout this press release, the words “the Company”, “we”, “us”
and “our” may refer to Journey Medical. Such statements include, but are not limited to, any statements relating to our growth
strategy and product development programs and any other statements that are not historical facts. The words “anticipate,”
“believe,” “continue,” “estimate,” “may,” “expect,” “will,” “could,”
“project,” “intend,” “potential” and similar expressions are generally intended to identify forward-looking
statements. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties
that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results
to differ materially from those currently anticipated include: the fact that our products and future product candidates are subject to
time and cost intensive regulation and clinical testing and as a result, may never be successfully developed or commercialized; a substantial
portion of our sales derive from products that may become subject to third-party generic competition because their period of exclusivity
has ended or they are without patent protection, subjecting them to the potential introduction of new competitor products and/or an increase
in market share of existing competitor products, either of which could have a significant adverse impact on our operating income; we operate
in a heavily regulated industry, and we cannot predict the impact that any future legislation or administrative or executive action may
have on our operations; our revenue is dependent mainly upon sales of our dermatology products and any setback relating to the sale of
such products could impair our operating results; competition could limit our products’ commercial opportunity and profitability,
including competition from manufacturers of generic versions of our products; the risk that our products do not achieve broad market acceptance,
including by government and third-party payors; our reliance on third parties for several aspects of our operations; our dependence on
our ability to identify, develop, and acquire or in-license products and integrate them into our operations, at which we may be unsuccessful;
the dependence of the success of our business, including our ability to finance our company and generate additional revenue, on the successful
commercialization of EmrosiTM and any future product candidates that we may develop, in-license or acquire; clinical drug development
is very expensive, time consuming, and uncertain and our clinical trials may fail to adequately demonstrate the safety and efficacy of
our current or any future product candidates; our competitors could develop and commercialize products similar or identical to ours; risks
related to the protection of our intellectual property and our potential inability to maintain sufficient patent protection for our technology
and products; our business and operations would suffer in the event of computer system failures, cyber-attacks, or deficiencies in our
or our third parties’ cybersecurity; the substantial doubt about our ability to continue as a going concern; the effects of major
public health issues, epidemics or pandemics on our product revenues and any future clinical trials; our potential need to raise additional
capital; Fortress controls a voting majority of our common stock, which could be detrimental to our other shareholders; as well as other
risks described in Part I, Item 1A, “Risk Factors,” in our Annual Report on Form 10-K for the year ended December 31, 2025,
subsequent Reports on Form 10-Q, and our other filings we make with the SEC. We expressly disclaim any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any
changes in events, conditions or circumstances on which any such statement is based, except as may be required by law, and we claim the
protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
Company Contact:
Jaclyn Jaffe
(781) 652-4500
ir@jmcderm.com
Media Relations Contact:
Tony Plohoros
6 Degrees
(908) 591-2839
tplohoros@6degreespr.com
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