- Launch in second-largest European aesthetic toxin market1
represents a significant step in company’s geographic
expansion
- Novvia will serve as distribution partner in Germany and
Austria
Evolus, Inc. (NASDAQ: EOLS), a performance beauty company with a
customer-centric approach focused on delivering breakthrough
products, has commenced the commercial launch of Nuceiva®
(botulinum toxin type A) in Germany and Austria, and is now
available for direct order and delivery to customers.
Nuceiva® is approved by the European Commission 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 above facial lines has
an important psychological impact in adults below 65 years of
age2.
“We are excited to introduce Nuceiva® to customers in Germany
and Austria, the second largest aesthetic toxin market in Europe1,”
said David Moatazedi, President and CEO of Evolus Inc. “Entering
this dynamic European market is the latest in a series of
geographical expansion milestones that will help fuel Evolus’ above
market average growth in the underpenetrated aesthetic neurotoxin
market.”
Evolus is partnering with Novvia, a leading supplier of
specialist products to aesthetics practitioners, to commercialize
the product in Germany and Austria. The company expects to enter
additional European countries as well as Australia in 2023. In
addition to Germany and Austria, Nuceiva® is currently commercially
available in Canada and Great Britain – the largest aesthetic
market in Europe1. The product is also approved for sale in the
U.S. under the brand name Jeuveau®.
“With the availability of Nuceiva® in Germany, I will now have
more choice. My practice has the opportunity to deliver more of
what my patients want - precision-driven results using innovative
products supported by robust clinical data,” said Dr. med. Thomas
Zimmermann, Dermatologist, international aesthetic expert and
founder of Dr. Zimmermann Aesthetic Institute. “This product, along
with the company’s medical education and training programs and
modern manufacturing standards, will be instrumental in evolving my
practice and ultimately meeting the needs of my patients.”
“We understand the importance of choice – not just to patients,
but also to our customers, and we’re thrilled to bring a new
neurotoxin to Germany and Austria,” said Dan Stewart, Vice
President and General Manager, Evolus International. “Along with
our distributor partner Novvia, we are offering educational
programs to aesthetic doctors so they can learn more about how to
use this specific product and evolve their practice.”
The safety and efficacy of Nuceiva® was evaluated through the
company’s TRANSPARENCY clinical program - three Phase III trials3,4
including the largest head-to-head aesthetic pivotal study versus
Botox® (onabotulinumtoxinA) to date, and two long-term safety
studies5,6.
About Evolus, Inc.
Evolus (Nasdaq: EOLS) is a performance beauty company evolving
the aesthetic neurotoxin market for the next generation of beauty
consumers through its unique, customer-centric business model and
innovative digital platform. Our mission is to become a global,
multi-product aesthetics company based on our flagship product,
Jeuveau® (prabotulinumtoxinA-xvfs), globally licensed under the
brand name Nuceiva®. The product is manufactured in a
state-of-the-art facility using Hi-Pure™ technology. Visit us at
www.evolus.com, and follow us on LinkedIn, Twitter, Instagram or
Facebook.
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, geographical
expansion, milestones and programs.
Forward-looking statements 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 September 30, 2022, filed with the SEC on
November 8, 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.
References:
1. Data on file: Decision Research Group (DRG) Aesthetic
Injectables Market Insights, Europe, 2021. 2.
https://www.ema.europa.eu/en/documents/product-information/nuceiva-epar-product-information_en.pdf
(Accessed 23/02/23) 3. Berthold-Josef Rzany, MD, ScM et al.
Aesthetic Surgery Journal, 2019, 1–16 4. Kenneth R. Beer et al.
Dermatol Surgery 2019; 45 (11); 1381 – 1393 5. Joely
Kaufman-Janette, MD et al. Aesthetic Surgery Journal 2021, 1–14 6.
Z. Paul Lorenc, MD, FACS et al. Aesthetic Surgery Journal 2021,
1–16
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version on businesswire.com: https://www.businesswire.com/news/home/20230227005332/en/
Investor Contact: David K.
Erickson Vice President, Investor Relations Tel: +1-949-966-1798
Email: david.erickson@evolus.com
Media Contact: Email:
Media@Evolus.com
Janet Kettels Communications Consultant, Evolus International
Tel: +447738506476 Email: janet.kettels@evolus.com
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