Revance Therapeutics, Inc

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

Key Developments

Date	Approach	Development
December 2018	Agreement	Revance 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 2018	Collaboration	Revance 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

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