Welcome to our dedicated page for Revance Therapeu news (Ticker: RVNC), a resource for investors and traders seeking the latest updates and insights on Revance Therapeu stock.
The RVNC news page on Stock Titan provides an archive of announcements and transaction-related communications concerning Revance Therapeutics, Inc., a biotechnology company focused on aesthetic and therapeutic offerings. These news items document Revance’s role in the aesthetic injectables market, its product portfolio, and the corporate events that led to its acquisition by Crown Laboratories, Inc.
Readers can review press releases describing Crown’s commencement of a cash tender offer to acquire all outstanding shares of Revance, subsequent extensions of the tender offer, and an increase in the offer price that was unanimously approved by the Revance Board of Directors. Additional news items cover competing interest from Teoxane SA, reminders to Revance stockholders about tendering their shares, and joint announcements by Crown and Revance regarding the expiration of the tender offer and satisfaction of its conditions.
The archive also includes Crown’s announcements of the successful closing of the acquisition and completion of the second-step merger, in which Crown stated that Revance’s common stock will be delisted from the NASDAQ Global Select Market and deregistered. These releases provide context on how Revance, as the issuer of RVNC, transitioned from an independent publicly traded biotechnology company to a Crown-owned business within a larger skincare and aesthetics platform.
For investors and researchers, the RVNC news feed serves as a historical record of key milestones, including strategic reviews by the Revance Board, tender offer mechanics, and the ultimate outcome of the Crown transaction. Users interested in the evolution of Revance’s aesthetic and therapeutic portfolio, its partnerships with Teoxane SA, Viatris Inc., and Shanghai Fosun Pharmaceutical, and the terms of the acquisition can use this page to trace the sequence of public communications around the deal.
Revance Therapeutics (NASDAQ: RVNC) announced a Complete Response Letter (CRL) from the FDA regarding its Biologics License Application (BLA) for DaxibotulinumtoxinA for Injection, intended for treating moderate to severe glabellar lines. Received on October 15, the CRL indicates deficiencies found during the FDA's inspection of Revance's manufacturing facility. Revance plans to request a Type A meeting with the FDA to address these issues. CEO Mark Foley expressed disappointment at this unexpected response but reiterated the company's commitment to launching their neuromodulator product.
Revance Therapeutics (NASDAQ: RVNC) announces that its Biologics License Application (BLA) for DaxibotulinumtoxinA for Injection remains under FDA review. The company anticipates FDA approval for treating glabellar lines in 2021. While the issuance of a Form 483 is common post-inspection, Revance confidently submitted a response in July 2021. The innovative neuromodulator product DaxibotulinumtoxinA features a proprietary stabilizing peptide excipient, enhancing its market potential.
Revance Therapeutics (NASDAQ: RVNC) has announced the launch of OPUL™, an innovative Relational Commerce Platform tailored for aesthetic practices in the U.S. This cloud-based system integrates payment solutions, data analytics, and enhanced customer service to boost consumer loyalty. Key features include comprehensive practice analytics, customizable checkout options, and transparent payment processing. Revance aims to replace traditional discount-based models, focusing instead on nurturing long-term relationships with clients, addressing the evolving needs of the aesthetic market.
Revance Therapeutics (RVNC) has announced the presentation of Phase 3 trial data for DaxibotulinumtoxinA for Injection at the International Parkinson and Movement Disorder Society (MDS) Virtual Congress from September 17-22, 2021. The ASPEN-1 trial results show a meaningful reduction in cervical dystonia symptoms, highlighting DaxibotulinumtoxinA's long duration of effect and safety. The company plans to file a Supplemental Biologics License Application to advance treatment options for this debilitating condition.
Revance Therapeutics announced the presentation of new data on the effectiveness and safety of its RHA® Collection of dermal fillers for treating moderate-to-severe nasolabial folds in patients with darker skin color. This post-hoc analysis will be showcased at the 2021 Virtual Skin of Color Update meeting from September 10-12, 2021. The findings reinforce Revance's dedication to safety and efficacy in aesthetic treatments, particularly for underrepresented patient populations, underlining its innovation in the aesthetic portfolio.
Revance Therapeutics (Nasdaq: RVNC) announced its participation in the Wells Fargo Securities Healthcare Conference, a fully virtual event on September 9-10. CEO Mark Foley will present on September 9 at 11:40 a.m. CT / 12:40 p.m. ET. Interested parties can access the live audio webcast from the Investor Relations section of their website, with a replay available for 30 days post-event.
Revance focuses on innovative aesthetic and therapeutic products, including the neuromodulator DaxibotulinumtoxinA, which is awaiting U.S. regulatory approval.
Revance Therapeutics announced positive results from a post-hoc analysis of the SAKURA Phase 3 clinical program for DaxibotulinumtoxinA for Injection, focusing on static glabellar lines. The study revealed significant and sustained improvement in static lines with repeated treatments among 568 subjects. Key findings include a 70% reduction in static lines 4 weeks after the third treatment cycle and a 54.4% complete elimination rate after the first treatment. Results were published in Dermatologic Surgery, indicating potential for dermal remodeling due to prolonged muscle inactivity.
Revance Therapeutics (RVNC) reported a substantial revenue increase for Q2 2021, reaching $18.8 million, a surge from $0.3 million in Q2 2020. Total revenue for the first half of 2021 was $32.1 million compared to $0.4 million last year. The growth is attributed to the RHA® Collection of dermal fillers and fintech platform sales. However, net losses widened to $72.2 million for Q2 2021, up from $60.6 million in Q2 2020. The company anticipates FDA approval for DaxibotulinumtoxinA in 2021, which could significantly bolster its aesthetics franchise.
Revance Therapeutics (Nasdaq: RVNC) will announce its second quarter 2021 financial results on August 5, 2021, after market close. A conference call and live webcast will follow at 1:30 p.m. PT / 4:30 p.m. ET to discuss the outcomes and business updates. Individuals can access the call by dialing specified numbers or through the webcast on Revance's investor relations webpage. Revance focuses on innovative aesthetic and therapeutic solutions, including the DaxibotulinumtoxinA for Injection, which is nearing U.S. regulatory approval after a successful Phase 3 program.
Revance Therapeutics (Nasdaq: RVNC) announced that CEO Mark Foley will speak at two upcoming conferences. He will participate in the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 1:20 p.m. PT and the Goldman Sachs 42nd Annual Global Healthcare Conference on June 8, 2021, at 1:40 p.m. PT. Live audio webcasts will be accessible via the Investor Relations section of Revance's website, and a replay will be available for 30 days post-conference. Revance specializes in aesthetic and therapeutic offerings, including its innovative neuromodulator, DaxibotulinumtoxinA for Injection.
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