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Revance Therapeutics, Inc

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Revance Therapeutics, Inc - Healthcare showcase

Year Founded & Workforce

1999

150 Employees

Industry

Healthcare

Services

Facial InjectablesClinical Trials
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Revance Therapeutics, Inc Employee Contacts

3 verified contactsNames, job titles, seniority and locations

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Revance Therapeutics, Inc Overview

Company Headquarters: California, US

Founded: 1999

Workforce: ~150+

Company Working:

Revance Therapeutics, Inc.is a global healthcare company engaged in the development, manufacture, distribution of botulinum, and other aesthetics & skincare products. The company is a market leader in developing neuromodulators for the treatment of aesthetic and therapeutic conditions. Revance has a strong R&D department, which is providing innovative products. It is pursuing product approval for its blockbuster innovation DaxibotulinumtoxinA for Injection (DAXI) for treatment of crow’s feet, cervical dystonia, adult upper limb spasticity and plantar fasciitis. The company is anticipated to capture significant market share in the therapeutic segment in the botulinum toxin market owing to the strong pipeline.

Strategy

Revance Therapeutics, Inc. is investing a huge amount into conducting clinical trials and developing neuromodulator products for aesthetics and therapeutic purpose. The company aims to become a global leader in the aesthetics and skincare market, and it has been developing the botulinum toxin injectables with the unique dosage form. Additionally, it is focusing on strategic partnerships and collaborations with local players to expand its geographical presence.

Company Snapshot

$0.3M

Revenue

150

Employees

1999

Founded

California, US

Headquarters

SWOT Analysis

Strengths

  • Strong research and development department
  • Innovative products
  • Strong product pipeline
  • Skilled workforce

Weaknesses

  • Financial instability
  • Low sales
  • Low sales Financial instability

Opportunities

  • Opportunities to expand the product portfolio
  • Geographical expansion through mergers and acquisitions

Threats

  • As the company is in the clinical trial phase stringent government policies can hamper product launches
  • As company is in clinical trial phase stringent government policies can hamper the product launch

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Key Developments

DateApproachDevelopment
December 2018AgreementRevance Therapeutics, Inc. entered into an agreement with Fosun Pharmaceutical Group (China) for the manufacture and commercialization of DAXI n China, Hong Kong, and Macau. This agreement is expected to help the company to market its products in the Asia-Pacific region.
February 2018CollaborationRevance Therapeutics, Inc. announced a collaboration with Mylan (US) for the development, manufacture, and commercialization of branded biologic products (onabotulinumtoxinA). The collaboration aimed to strengthen its position in the US market.

Product Offering

  • Revance Therapeutics, Inc
    • Facial Injectables
    • Clinical Trials

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 0.3 Mn in 2016 to USD 3.7 Mn in 2018.
Revance Therapeutics, Inc — By Business Segment
Series (USD Mn)201620172018
Sales0.30.33.7
R&D Expenditure50.380.392.5

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