Verrica Pharmaceuticals Inc.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Difficulties in procuring raw materials for VP-102 from suppliers in China.
- COVID-19 pandemic causing delays in clinical trials and potential supply chain disruptions.
Mitigation Strategies
- Developed a lab-scale process for synthesizing cantharidin (raw material for VP-102).
- Monitoring the COVID-19 pandemic and adapting clinical trial timelines accordingly.
Supply Chain Management
Responsible Procurement
- Supply Agreement with Funing County Development Brucea Javanica Professional Cooperatives for naturally-sourced cantharidin.
Climate-Related Risks & Opportunities
Physical Risks
- Loss of beetle habitat due to climate change.