LAUSANNE, Switzerland, Jan. 6, 2023 /PRNewswire/ -- Legacy Healthcare, a clinical-stage biopharmaceutical company today announced positive results from the RAAINBOW phase 2/3 randomized placebo-controlled trial evaluating Coacillium 22.25% cutaneous solution in children and adolescents with moderate and severe alopecia areata, a debilitating autoimmune condition causing disfiguring scalp hair loss. Coacillium achieved the primary efficacy endpoint of the study, as well as key secondary endpoints. After 6 months treatment, Coacillium was statistically significantly superior compared to placebo in relative change in Severity of Alopecia Tool (SALT) score. The proportion of subjects achieving at least a 40% relative reduction in SALT score was statistically significantly superior in the drug group.