Evolus, Inc. (NASDAQ: EOLS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Evolus reported full 4Q19 results today that were solid but largely expected following the company’s pre-announcement on Jan 9. We maintain our BUY rating on EOLS shares as we expect the company to continue to execute on the commercialization of Jeuveau in a highly attractive facial toxin market. However, we appreciate that investors remain concerned about the ongoing legal issues between their partner Daewoong and competitor Medytox over Jeuveau’s development and that will remain an overhang for the stock, with limited clarity expected until the US International Trade Commission (ITC) official determination expected in October.”
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About Evolus, Inc.
Evolus is a performance beauty company with a customer-centric approach focused on delivering breakthrough products. In 2019, the U.S. Food and Drug Administration approved Jeuveau® (prabotulinumtoxinA-xvfs), the first and only neurotoxin dedicated exclusively to aesthetics and manufactured in a state-of-the-art facility using Hi-Pure™ technology. Jeuveau® is powered by Evolus’ unique technology platform and is designed to transform the aesthetic market by eliminating the friction points existing for customers today. Visit us at: www.evolus.com.
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