Revance Therapeutics Inc - Company Profile

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Revance Therapeutics Inc: Segment Analysis

Business Description

Revance Therapeutics Inc (Revance Therapeutics) is a biotechnology company that is developing products for aesthetic medicine and unmet clinical need of therapeutic specialties, including dermatology and neurology.

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R&D Overview

Revance Therapeutics conducts research to advance the development of novel neuromodulators for a wide range of therapeutic and aesthetic indications. The company is advancing botulinum toxin products: daxibotulinumtoxinA, a topical gel formulation as a needle-free approach for a wide range of therapeutic and aesthetic indications, such as facial wrinkles, chronic migraine, and muscle disorders and daxibotulinumtoxinA for injection (DAXI), an injectable formulation of botulinum toxin for the treatment of glabellar lines, cervical dystonia, and plantar fasciitis. In FY2022, Revance Therapeutics spent US$101.2 million towards its R&D activities. As of December 31, 2022, Revance Therapeutics held 312 issued patents and 99 pending patent applications of the 312 issued patents, the company holds rights to 44 issued patents in the US and rights for the rest issued patents in Australia, Brazil, Canada, China, Europe, Mexico, New Zealand, Hong Kong, Israel, Japan, Singapore, and South Korea. It also holds pending patent applications in the US, Australia, Brazil, Canada, China, Columbia, Europe, Japan, Mexico, New Zealand, Hong Kong, India, Israel, Philippines, Singapore and South Korea.

Business Segments

Overview

Includes the research and development of innovative aesthetic and therapeutic products, including DaxibotulinumtoxinA for Injection for various indications, including the RHA Collection of dermal fillers, resilient hyaluronic acid, and the onabotulinumtoxin, a biosimilar program in partnership with Viatris.

Performance

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Overview

Includes the business of the HintMD platform, is a smart payment solutions which provides subscription and pay-over-time solutions that support practices for aesthetic treatment plans and enables practices to process payments for their patients.

Performance

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