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, Inc. (RVNC) announced promising new data for DAXXIFY®, a treatment for cervical dystonia, to be presented at the Association of Academic Physiatrists annual meeting from February 21-24, 2023. The findings from 382 patients over 88 weeks showed a duration of efficacy lasting 20-26 weeks with a low adverse event rate. Dysphagia rates were reported at 2.7% and 4.2% in two studies. Dr. David A. Hollander emphasized the sustained effectiveness and safety of DAXXIFY® across multiple treatment cycles, which could enhance therapeutic options for cervical dystonia sufferers. Regulatory review by the FDA is currently underway.
Revance Therapeutics, Inc. (RVNC) will announce its fourth quarter and full year 2022 financial results on February 28, 2023, after market close. A conference call is scheduled for 4:30 p.m. ET to discuss these results and provide a corporate update. Interested participants can join by dialing (800) 715-9871 with conference ID: 1286316 or via the webcast available on their website. A replay will be accessible from February 28 until March 28, 2023. Revance is recognized for its innovative aesthetic and therapeutic solutions, including DAXXIFY® and a biosimilar collaboration with Viatris Inc.
Revance Therapeutics (RVNC) reports a strong start for its DAXXIFY® PrevU program, with approximately 400 practices participating and positive patient feedback. Preliminary Q4 2022 revenue from DAXXIFY® is estimated between $10.5 million and $11.5 million, while RHA® Collection revenue shows impressive growth, projected at $34 million to $35 million, a 45% year-over-year increase. Full-year 2022 RHA® revenue is expected between $106.5 million and $107.5 million. Revance maintains its operating expense guidance and ends the year with around $340 million in cash and equivalents.
Revance Therapeutics announced that the FDA has accepted its supplemental Biologics License Application for DAXXIFY® (DaxibotulinumtoxinA-lanm) aimed at treating cervical dystonia. The PDUFA date is set for August 19, 2023. This treatment, noted for its long-lasting effects, was evaluated in two pivotal phase 3 studies showing significant efficacy with a median duration of effect of 24 weeks. The market for muscle movement disorders, including cervical dystonia, is nearing $1 billion in the U.S., indicating substantial business potential for Revance.
Revance Therapeutics (NASDAQ: RVNC) announced its participation in the 34th Annual Piper Sandler Healthcare Conference from November 29 to December 1, 2022, in New York City. CEO Mark J. Foley will present on November 29 at 10:00 AM ET. The live audio webcast will be accessible on the company’s Investor Relations webpage and will remain available for 90 days post-event. Revance focuses on innovative aesthetic and therapeutic products and is known for offerings like DAXXIFY™ and the RHA® Collection. The company also collaborates with Viatris to develop a biosimilar to BOTOX®.
Nanostics Inc. announced the appointment of Aubrey Rankin to its Board of Directors, succeeding Reg Joseph as an independent director. Rankin brings extensive experience in MedTech and FinTech, having formerly served as President of Innovation at Revance (Nasdaq: RVNC), where he integrated HintMD's patient-provider platform. His expertise is expected to aid in the launch of Nanostics' lead prostate cancer diagnostic, ClarityDX Prostate®, which uses a neural network algorithm to assess cancer risk based on biomarkers. The company expressed gratitude to Joseph for his contributions.
Revance Therapeutics (Nasdaq: RVNC) announced its participation in the Stifel 2022 Healthcare Conference on November 15-16, 2022, in New York City. CFO Tobin Schilke will present on November 15 at 3:00 p.m. ET. Interested investors can access the live audio webcast via the company's Investor Relations page at www.revance.com. The replay will be available for 30 days post-event. Revance is focused on innovative aesthetic and therapeutic solutions, including DAXXIFY™ and collaborations for BOTOX® biosimilars.
Revance Therapeutics, Inc. (RVNC) announced FDA approval for DAXXIFY™ to treat glabellar lines, marking a significant milestone. Q3 revenue reached $29.0 million, up 47% year-over-year, with RHA® Collection revenue at $26.1 million, also up 43%. The company completed a $230 million follow-on offering, ending Q3 with $378.6 million in cash and equivalents. Revance submitted an sBLA for DAXXIFY™ for cervical dystonia with a PDUFA target date in 2023. The call for Q3 results is scheduled for November 8, 2022.
Revance Therapeutics, Inc. (Nasdaq: RVNC) announced the publication of two peer-reviewed articles in the Aesthetic Surgery Journal, focusing on injection techniques for treating glabellar lines. The studies emphasize the importance of precise interactions to optimize aesthetic results, highlighting the influence of injection techniques on eyebrow positioning. The first article evaluates how subtle differences in injection affect outcomes, while the second presents a systematic assessment algorithm for personalized treatments. This reflects Revance's ongoing commitment to enhancing patient care and outcomes in aesthetic treatments.
Revance Therapeutics, Inc. (Nasdaq: RVNC) will announce its third quarter 2022 financial results on November 8, 2022, after market close. A conference call and live webcast are scheduled for 4:30 p.m. ET the same day to discuss the results and provide updates on business and pipeline initiatives. Revance specializes in innovative aesthetic and therapeutic offerings, including the DAXXIFY™ injection and biosimilar development for BOTOX®. The call will be accessible via registration, with a replay available for 30 days post-call.