Evolus Inc

Evolus Inc (EOLS) News & Events

$7.400

+0.030 (+0.41%)At close

EOLS News

EOLS Events

10/14 09:00

Evolus Enters Agreement with Private Company, Invests $1.5M in Hair Restoration Treatment

Evolus announced that it has entered into an option agreement with a privately held company developing a novel, procedure-based, sustained-release injectable treatment for hair restoration. The agreement advances Evolus' business development strategy by adding a potential new category that is complementary to its existing injectable aesthetics portfolio. Under the agreement, Evolus will make an initial option payment of $1.5M, with additional modest, stage-gated option payments tied to the achievement of program milestones. Evolus will also contribute its expertise to support the development and an initial clinical proof-of-concept study. Under the agreement, Evolus will have the option, but not the obligation, to acquire 100% of the assets related to the program. The program will have no impact on the Company's previously communicated revenue or profitability outlook.

10/2 10:30

Evolus Shares Fall 5% to $7.12 After FDA Letter

Evolus falls 5% to $7.12 after FDA send letter over marketing

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