Geographic expansion represents a significant
step toward becoming a leading, global, multi-product performance
beauty company
Evolus, Inc. (NASDAQ: EOLS), a performance beauty company with a
customer-centric approach focused on delivering breakthrough
products, launched commercial operations in Great Britain and
shipped the first customer orders for Nuceiva®▼(botulinum toxin
type A) last month. The Evolus Innovator and Evolus Early Adopter
education programs for healthcare professionals are underway, and
interest is high as customers gain their first experiences of using
Nuceiva®.
“Worldwide, the aesthetics market sector continues to rapidly
evolve. We are excited to introduce Nuceiva® to Great Britain, the
single largest market for aesthetic neurotoxins in the European
region, while we continue to finalize plans for entering additional
countries as part of a phased rollout,” said David Moatazedi,
President and CEO, Evolus. “Europe is the second largest market for
aesthetic neurotoxins globally, and our expansion there will form
the foundation for a potential future portfolio of aesthetic
products.”
In the UK, Evolus is partnering with Wigmore Medical, known as a
leading supplier of specialist products to aesthetics
practitioners. Wigmore has been working in aesthetics for over 35
years, providing reliable pharmacy services and expertise, trusted
by practitioners. Evolus plans to introduce Nuceiva® next in
Germany and Austria in the first half of 2023, and is working
closely with its partner, Novvia Pharm. Novvia was established in
2003 and is dedicated to providing leading brands to medical
aesthetics practitioners in Germany and Austria. During 2023, the
company expects to enter additional European countries, and,
subject to regulatory approval, will also launch Nuceiva® in
Australia.
“It’s refreshing to have a new type of aesthetics company to
engage with,” said Dr. David Eccleston, Founder and Medical
Director at MediZen Clinics, and lead investigator for the Nuceiva®
PAS* study. “When I integrate any new treatment into my practice, I
look for robust clinical data, exceptional manufacturing and deep
expertise. Having options means I can tailor treatments to meet the
needs of my patients.”
“Starting commercialization in one of Europe’s biggest
aesthetics markets gives practitioners another choice in the
neuromodulator they offer to their patients,” said Dan Stewart,
Vice President and General Manager, Evolus International. “Our
tiered training programs offer credentialed customers the
opportunity to learn more about Nuceiva®, including the unique
aspects of the product and how this translates into results for
patients. With support from our distributor partners and
pharmacies, we are looking forward to evolving the future of beauty
with our customers.”
Nuceiva® (botulinum toxin type A) is approved for the temporary
improvement in the appearance of moderate to severe vertical lines
between the eyebrows seen at maximum frown (glabellar lines), when
the severity of the facial lines has an important psychological
impact in adults below 65 years of age. The safety and efficacy of
Nuceiva® was evaluated through the company’s TRANSPARENCY program,
the largest head-to-head pivotal study versus BOTOX® to date.
About Evolus, Inc.
Evolus (Nasdaq: EOLS) is a performance beauty company dedicated
exclusively to aesthetics. Our mission is to become a global,
multi-product aesthetics company, harnessing digital innovation to
engage the next generation of beauty consumers. Building on the
success in the U.S. of Jeuveau® (prabotulinumtoxinA-xvfs), our
global product is licensed under the brand name Nuceiva® and is
currently available in Canada and Great Britain, with plans to
continue expanding internationally. Jeuveau®/Nuceiva® is
manufactured in a state-of-the-art facility using Hi-Pure™
technology.
Forward-Looking Statements
This press release contains forward-looking statements as
defined under the Private Securities Litigation Reform Act of 1995.
All statements, other than statements of historical fact, are
statements that could be deemed forward-looking statements,
including statements that relate to the status of regulatory
processes, future plans, events, prospects or performance and
statements containing the words “plans,” “expects,” “believes,”
“strategy,” “opportunity,” “anticipates,” “outlook,” “designed,” or
other forms of these words or similar expressions, although not all
forward-looking statements contain these identifying words. The
company’s forward-looking statements include, but are not limited
to, statements related to the company’s prospects, customer and
consumer acceptance of Nuceiva®, regulatory approvals and
commercial launch timing.
The forward-looking statements included herein involve risks and
uncertainties that could cause actual results or experiences to
differ materially from those expressed or implied by the
forward-looking statements. Factors that could cause actual results
or experience to differ materially from that expressed or implied
by the forward-looking statements include uncertainties associated
with our ability to address all of our losses, costs, expenses,
liabilities and damages resulting from the settlement agreement
with Daewoong and our ability to comply with the terms and
conditions in the Allergan/Medytox Settlement Agreements, the
continued impact of COVID-19 on our business and the economy
generally, uncertainties related to customer and consumer adoption
of Nuceiva® / Jeuveau®, the efficiency and operability of our
digital platform or commercialization strategies, competition and
market dynamics, and our ability to maintain regulatory approval of
Nuceiva® / Jeuveau® and other risks described in Evolus’ filings
with the Securities and Exchange Commission, including in the
section entitled “Risk Factors” in our Annual Report on Form 10-K
for the fiscal year ended December 31, 2021 filed with the
Securities and Exchange Commission on March 3, 2022 and our
Quarterly Report on Form 10-Q for the quarter ended March 31, 2022,
filed with the SEC on May 10, 2022. These filings can be accessed
online at www.sec.gov. Except as required by law, Evolus undertakes
no obligation to update or revise any forward-looking statements to
reflect new information, changed circumstances or unanticipated
events. If the company does update or revise one or more of these
statements, investors and others should not conclude that the
company will make additional updates or corrections.
Jeuveau® and Nuceiva® are registered trademarks of Evolus, Inc.
Hi-Pure™ is a trademark of Daewoong Pharmaceutical Co, Ltd. BOTOX®
(Botulinum toxin type A) is a registered trademark of Allergan,
Inc. * PAS (Post Approval Safety Study)
▼ This medicine is subject to additional monitoring. This will
allow quick identification of new safety information. Healthcare
professionals are asked to report any suspected adverse events.
Reporting forms and information can be found at
mhra.gov.uk/yellowcard.
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version on businesswire.com: https://www.businesswire.com/news/home/20221004005189/en/
Investor Contact: David K.
Erickson Vice President, Investor Relations Tel: +1-949-966-1798
Email: david.erickson@evolus.com
Media Contact: Andrea
Sampson President/CEO, Sampson Public Relations Group Tel:
+1-562-304-0301 Email: asampson@sampsonprgroup.com
Janet Kettels Communications Consultant, Evolus International
Tel: +447738506476 Email: janet.kettels@evolus.com
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