- Launching in one of the five largest aesthetic toxin injectable
markets in Europe1 as part of the company’s geographic expansion
strategy
- Evolus to provide Nuceiva® for direct order and delivery to
Spanish medical aesthetics healthcare professionals
Evolus, Inc. (NASDAQ: EOLS), a performance beauty company
focused on building an aesthetic portfolio, has commercially
launched Nuceiva® (botulinum toxin type A) in Spain. The product is
now available for direct order and delivery to Spanish medical
aesthetics healthcare professionals.
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.
"Launching our direct operations in Spain, one of Europe's
largest aesthetic markets, underscores our commitment to strategic
geographic expansion," said David Moatazedi, President and CEO of
Evolus. "This milestone supports our goal of fueling market growth
worldwide by establishing a strong presence in key regions. Our
continued success in entering new markets positions us for
sustained above-market growth in the aesthetic neurotoxin
sector."
Evolus is establishing a direct operating entity in Spain, under
the leadership of Maria Cudeiro, General Manager, Spain, Portugal
and Switzerland. Working closely with aesthetics healthcare
professionals will enable Evolus to offer this new treatment to
patients. Nuceiva® is licensed in the United States under the brand
name Jeuveau® and is the fastest-growing neurotoxin in the United
States for three consecutive years*.
“We know that beauty is evolving and recognize the importance of
supporting our healthcare professional customers as they adapt to
changing trends. I am confident that Maria Cudeiro will
successfully establish Evolus in Spain, introducing a new
neurotoxin to Spanish customers," said Dan Stewart, Vice President
and General Manager of Evolus International. "By delivering great
customer services, innovative educational programs and
user-friendly online platforms we aim to enhance the practice of
Spanish healthcare professionals as they deliver exceptional
patient experiences.”
“Offering treatments that deliver pleasing and long-lasting
results to my patients is a priority for me,” said Dr. Jaime Tufet,
Medical Director at Clinica Tufet, one of Spain’s premier aesthetic
clinics. “We are very pleased to be able to offer Nuceiva® to our
patients.”
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. Side effects were similar to others in this class of
medicine. For the full list of adverse events, warnings and
contraindications consult the Nuceiva® SmPC.
About Evolus, Inc.
Evolus (Nasdaq: EOLS) is a global 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), the first and only
neurotoxin dedicated exclusively to aesthetics and manufactured in
a state-of-the-art facility using Hi-Pure™ technology. Evolus is
expanding its product portfolio having entered into a definitive
agreement to be the exclusive U.S. distributor of Evolysse™, and
the exclusive distributor in Europe of Estyme®, a line of unique
dermal fillers currently in late-stage development. Visit us at
www.evolus.com, and follow us on LinkedIn, X, 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 in our Annual Report on Form 10-K and our Quarterly
Report on Form 10-Q for the quarter ended March 31, 2024 filed with
the Securities and Exchange Commission on May 7, 2024. 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.
Evolysse™ is a trademark 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:
- Decision Research Group (DRG) Aesthetic Injectables Market
Insights, Europe, July 2023. Data on file
-
https://www.ema.europa.eu/en/documents/product-information/nuceiva-epar-product-information_en.pdf
(Accessed 23/02/24)
- Berthold-Josef Rzany, MD, ScM et al. Aesthetic Surgery Journal,
2019, 1–16
- Kenneth R. Beer et al. Dermatol Surgery 2019; 45 (11); 1381 –
1393
- Joely Kaufman-Janette, MD et al. Aesthetic Surgery Journal
2021, 1–14
- Z. Paul Lorenc, MD, FACS et al. Aesthetic Surgery Journal 2021,
1–16
* Measured by comparing year-over-year revenue growth of each
aesthetic neurotoxin on the market for the entirety of each
comparable year.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240612853482/en/
Investor Contact: Nareg
Sagherian Vice President, Head of Global Investor Relations and
Corporate Communications Tel: +1-(248) 202-9267 Email:
ir@evolus.com
Media Contacts: Email:
Media@Evolus.com
Janet Kettels Communications Consultant, Evolus International
Tel: +447738506476 Email: janet.kettels@evolus.com
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