Biofrontera Inc. Completes Acquisition of All US Assets for Ameluz® and RhodoLED® from Biofrontera AG
Acquisition Details: Biofrontera Inc. has acquired full U.S. rights to Ameluz® and RhodoLED® from Biofrontera AG, including all associated patents and regulatory applications, as part of a restructuring agreement.
New Earnout Structure: The earnout payment rate has been reduced to 12%-15% of U.S. net sales, down from the previous 25%-35%, which is expected to enhance profitability and accelerate growth.
Funding and Financial Outlook: The transaction was financed through an $11 million investment from existing investors, which is anticipated to support Biofrontera Inc. in reaching profitability.
Operational Responsibilities: Biofrontera Inc. will now manage all aspects of manufacturing, regulatory compliance, and commercialization for Ameluz® and RhodoLED® in the U.S., with full asset transfer expected by early 2026.
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- FDA Acceptance Milestone: Biofrontera's supplemental New Drug Application (sNDA) for Ameluz® has been accepted by the FDA, with a target action date set for September 28, 2026; if approved, Ameluz® will be the first and only PDT photosensitizer indicated for superficial Basal Cell Carcinoma (sBCC) in the U.S., significantly expanding its clinical utility.
- Significant Market Opportunity: With approximately 3.6 million cases of basal cell carcinoma diagnosed annually in the U.S., and 10-25% being superficial subtype, the non-invasive treatment option provided by Ameluz® is expected to meet patient demand for safer alternatives, potentially increasing market share substantially.
- Technological Edge: The combination of Ameluz® with the RhodoLED® red-light lamp utilizes nanoemulsion technology to penetrate deeper into skin layers, offering more effective treatment compared to traditional green and blue wavelengths, thereby validating Biofrontera's technological prowess in photodynamic therapy.
- Strategic Growth Focus: CEO Dr. Hermann Luebbert emphasized that the FDA's acknowledgment of no filing deficiencies reflects the strength of their data package, marking a strategic expansion in dermatology aimed at addressing significant unmet medical needs through innovative treatment solutions.
- Announcement of Date: The BioFrontier AI has set a date for the upcoming event on September 28, 2026.
- Event Significance: This date marks a significant milestone for the organization and its initiatives in the field of artificial intelligence.

Announcement of FDA Filing: Biofronterra has announced the acceptance of its supplemental new drug application by the FDA.
Drug Focus: The application is specifically for Ameluz® PDT, which is intended for the treatment of superficial basal cell carcinoma.
- Clinical Trial Results: Biofrontera Inc. announced positive outcomes from its Phase 3 clinical trial, demonstrating Ameluz PDT's efficacy in treating mild to moderate actinic keratoses, achieving a complete clearance rate of 45.6%, significantly higher than the 16.7% in the control group.
- Market Reaction: Despite the positive trial results, Biofrontera's stock fell by 8.66% to $0.75, indicating market concerns regarding future profitability, with an opening price of $0.70 and a session high of $0.96.
- FDA Application Plans: Based on the clinical data, Biofrontera plans to submit a supplemental New Drug Application to the U.S. FDA in the third quarter of 2026, aiming to further advance Ameluz's market access.
- Patient Satisfaction: Ameluz PDT not only showed superior efficacy but also favorable cosmetic outcomes and high patient satisfaction, which may enhance the product's competitive position in the market.
- Clinical Trial Results: Biofrontera's Ameluz® demonstrated a significant increase in complete clearance rates of 45.6% compared to the control group in its Phase 3 trial for mild to moderate actinic keratosis (p<0.0003), establishing a strong foundation for market promotion.
- Efficacy Assessment: In the Full Analysis Set (FAS), 73.1% of patients showed lesion clearance 12 weeks post-treatment, indicating Ameluz®'s effectiveness in treating actinic keratosis, which may attract more attention from physicians and patients alike.
- Patient Satisfaction: 75.2% of patients rated the aesthetic appearance of their skin as

- Record Revenue: Biofrontera's Q4 revenue is projected to reach $17.5 million, representing a 35% year-over-year increase, marking the highest quarterly revenue in the company's history and showcasing significant sales execution improvements.
- Annual Growth Outlook: Full-year 2025 revenues are expected to range between $41.5 million and $42.0 million, reflecting an 11% to 13% year-over-year growth rate, indicating the company's sustained growth potential and stable business foundation.
- Strong Customer Engagement: CEO Hermann Luebbert noted that strong customer adoption and engagement throughout Q4 supported record revenue performance, validating the company's strategic direction and setting the stage for stronger momentum in 2026.
- Margin Improvement: The recent transaction with Biofrontera AG significantly enhances the company's gross margin profile, further strengthening its financial foundation and instilling confidence in future growth, which is expected to drive continued sustainable growth.






