EQUITY RESEARCH MEMO

ArrayPatch

Generated 5/5/2026

Executive Summary

Conviction (model self-assessment)65/100

ArrayPatch is an Irish biotech company pioneering a novel drug delivery platform based on its DerMap™ technology, a polymer-free, dissolvable microneedle patch. The company's initial focus is on onychomycosis (nail fungus), a condition affecting millions globally with limited treatment options due to poor drug penetration and long therapy durations. DerMap enables pain-free, targeted, and efficient transdermal delivery, potentially improving patient compliance and efficacy. The platform's versatility positions ArrayPatch to expand into other high-value dermatological indications and beyond, offering a significant value proposition over conventional oral and topical therapies.

Upcoming Catalysts (preview)

  • Q2 2027Initiation of first-in-human clinical trial for onychomycosis60% success
  • Q4 2026Strategic partnership or licensing deal for DerMap platform40% success
  • Q3 2026Series A funding round closing70% success
Locked sections
  • · Pipeline Analysis
  • · Competitive Landscape
  • · Catalyst Calendar (full 12-month)
  • · Bull Case
  • · Bear Case
  • · Counterfactual Scenarios
  • · Valuation Notes
  • · SEC Filing Highlights
  • · Insider Activity
  • · Literature Watch
  • · Patent Landscape
  • · Mechanism Cluster Map
  • · Audio Briefing (5 min)