Evolus, Inc. (NASDAQ: EOLS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Evolus issued a statement this morning addressing comments in the Korean media related to ongoing litigation between their partner Daewoong and competitor Medytox. While it appears Medytox has leaked some confidential staff attorney briefings to the Korean press, it is not clear how meaningful this information actually is as it relates to the judge’s initial determination on the case (expected in June) or the ITC’s crucial final decision (expected in October). We continue to see value in EOLS at current levels given the progress they are making with Jeuveau’s launch in the facial aesthetics market, but appreciate new investors in particular may remain concerned with the legal overhang.”
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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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