Veradermics VDPHL01: why isn’t anyone talking about it?

As we know, Veradermics just scored $75M in funding for Phase 2/3 of clinical trials for its AGA product, VDPHL. The mechanism of action is confidential and I can’t seem to find any details on it. But $75M is wild, especially given PP405 seems promising but got far less at $14M recently.

Does anyone have any intel on the MOA, or any anecdotal info on the drug?

For context: I’m a female who cannot take fin/dut at this time, and got no improvement on oral minox/spiro/prp/red light/etc so new treatments like this really are my only hope lol. Young and healthy, just hit with the genetic curse… genuinely soul crushing as a woman. Recent loss of Stemson definitely hit hard and I’m looking for sources of optimism.

Cheers to making our personalities shine brighter than our scalps bc life is unfair!

EDIT: Patent search shows modified release oral minox :/