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Evolus Priced, Nasdaq: EOLS

Preparing to launch a biosimilar version of Botox.

Industry: Health Care

First Day Return: -4.2%

Industry: Health Care

We are a medical aesthetics company focused on providing physicians and their patients with expanded choices in aesthetic procedures and treatments. We focus on the self-pay aesthetic market and our first product candidate, PrabotulinumtoxinA (DWP-450), is an injectable 900 kDa botulinum toxin type A complex designed to address the needs of the large and growing facial aesthetics market. We believe we will offer physicians and patients a compelling value proposition with DWP-450. Currently, onabotulinumtoxinA (BOTOX) is the neurotoxin market leader and the only known approved 900 kDa botulinum toxin type A complex in the United States. We believe aesthetic physicians generally prefer the performance characteristics of the complete 900 kDa neurotoxin complex and are accustomed to injecting this formulation. We have completed the clinical development program for DWP-450 for the treatment of moderate to severe glabellar lines ("frown lines") between the eyebrows in the US, EU and Canada. The FDA issued a PDUFA date of May 15, 2018 for completion of its review of our BLA. We submitted a MAA to the EMA and a decision is expected by the second half of 2018. We have also submitted a NDS in Canada. We have an exclusive distribution license to DWP-450 from Daewoong Pharmaceuticals Co.
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IPO Data
IPO File Date 01/09/2018
Offer Price $12.00
Price Range $12.00 - $14.00
Offer Shares (mm) 5.0
Deal Size ($mm) $60
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/07/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $60
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Irvine, CA, United States
Founded 2012
Employees at IPO 22
Website www.evolus.com

Evolus (EOLS) Performance