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Revance Therapeutics, Inc. - RVNC STOCK NEWS

Welcome to our dedicated page for Revance Therapeutics news (Ticker: RVNC), a resource for investors and traders seeking the latest updates and insights on Revance Therapeutics stock.

Revance Therapeutics, Inc. (symbol: RVNC) is a specialty biopharmaceutical company dedicated to the development, manufacturing, and commercialization of innovative botulinum toxin products for various aesthetic and therapeutic uses. Leveraging its proprietary portfolio of botulinum toxin compounds and the patented TransMTS® peptide delivery system, Revance aims to address unmet needs in the $3 billion neurotoxin market.

The company’s unique TransMTS technology allows for the delivery of botulinum toxin A in two distinctive formulations: a needle-free topical form and an injectable form that targets the site of injection for a potentially longer-lasting effect. Revance is actively pursuing clinical development for two main product candidates: Topical RT001 and Injectable RT002. RT001 is a topical gel with the potential to become the first commercially available non-injectable botulinum toxin dose form.

Additionally, Revance has launched a prestige aesthetics portfolio, which includes the RHA Collection of dermal fillers and the HintMD platform. Their primary products, DaxibotulinumtoxinA for Injection and DaxibotulinumtoxinA for Injection Aesthetics, are central to their aesthetic and therapeutic offerings.

Revance operates through two main business segments: Product and Service. The Products segment, which generates the majority of the company’s revenue, focuses on the research and development of aesthetic and therapeutic products. Recent achievements and ongoing developments reflect the company’s commitment to advancing the field of neuromodulation.

News

Revance Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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Revance Therapeutics, Inc. (RVNC) grants 222,452 RSUs to 29 new employees, with vesting over four years, subject to continued service. The awards were approved by the Compensation Committee as inducements for employment.
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Revance Announces Pricing of $100.0 Million Public Offering of Common Stock

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Revance Therapeutics, Inc. (RVNC) priced an underwritten public offering of 16 million shares of common stock at $6.25 per share, expecting to raise $100 million in gross proceeds. The offering is set to close soon.
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Revance Announces Proposed Public Offering of Common Stock

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Revance Therapeutics, Inc. (RVNC) announces a proposed underwritten public offering of $100 million of its common stock, with an option for additional shares. The company plans to utilize the proceeds for commercial growth, product launches, and general corporate purposes. Barclays is the sole book-running manager for the offering.
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Revance Reports Fourth Quarter and Full Year 2023 Financial Results, Provides Corporate Update

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Revance Therapeutics, Inc. (RVNC) reported strong financial results for Q4 and full year 2023, with product revenue reaching $58.5 million and $212.7 million, respectively. The company achieved significant YoY growth of 28% and 80%. The 2024 revenue guidance stands at $280 million, showcasing blockbuster potential in U.S. aesthetics. DAXXIFY for cervical dystonia is on track for a mid-year launch, with positive financial outlook and a focus on achieving positive Adjusted EBITDA in 2025.
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Revance to Release Fourth Quarter and Full Year 2023 Financial Results on Wednesday February 28, 2024

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Revance Therapeutics (RVNC) to Release Q4 and Full Year 2023 Financial Results on February 28, 2024, with a Conference Call and Webcast to Discuss Results and Corporate Update.
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Revance to Participate in Upcoming Investor Conferences

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Revance Therapeutics, Inc. (RVNC) announces participation in upcoming investor conferences with key executives presenting fireside chats. CEO Mark Foley and CFO Tobin Schilke to present at Cowen 44th Annual Healthcare Conference on March 5, 2024, and CEO Mark Foley at Barclays Global Healthcare Conference on March 12, 2024.
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Revance Receives Permanent J-Code for DAXXIFY® and Announces Publication of DAXXIFY Pivotal Study (ASPEN-1) Results in Neurology®

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Revance Therapeutics, Inc. (RVNC) has received a permanent J-code for DAXXIFY, a treatment for cervical dystonia, streamlining reimbursement. The pivotal Phase 3 study results published in Neurology reinforce the product's long duration of effect and favorable safety profile. The study showed that DAXXIFY was effective, generally safe, and well-tolerated, with a median duration of effect of over 20 weeks. The U.S. therapeutic neuromodulator market opportunity for DAXXIFY is $2.7 billion, including the over $350 million cervical dystonia market.
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Revance to Participate in the Guggenheim 6th Annual Biotechnology Conference

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Revance Therapeutics, Inc. (RVNC) will be participating in the Guggenheim Healthcare Talks, 6th Annual Biotechnology Conference on February 7-8, 2024, in New York. CEO Mark J. Foley will be participating in a fireside chat on February 8 at 9:30a.m. EST. The live audio webcast will be available on the company's website, with a replay available for approximately 90 days.
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Revance Provides Corporate Update, Preliminary Fourth Quarter and Full Year 2023 Financial Results, and Financial Outlook

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Revance Therapeutics, Inc. (RVNC) reports a 22% increase in Q4 DAXXIFY® volume sold over Q3, with a projected 2024 product revenue guidance of at least $280 million. Preliminary unaudited Q4 and full year 2023 product revenue for DAXXIFY and RHA® Collection is estimated to be between $58 million and $59 million and $212 million and $213 million, respectively, representing approximately 28% and 80% YoY growth. The company expects to achieve positive Adjusted EBITDA in 2025.
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Revance Reports Third Quarter 2023 Financial Results, Provides Corporate Update

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RVNC: Revance Therapeutics Reports Q3 Total Revenue of $56.8M, DAXXIFY Approval for Cervical Dystonia, and Positive Sales Growth. Q3 DAXXIFY revenue of $22.0M, RHA Collection revenue of $32.1M, and total product revenue of $54.1M, a YoY increase of 107.5%. DAXXIFY approval by FDA for cervical dystonia marks a significant milestone in the therapeutics market. Conference call and webcast today at 4:30 p.m. ET.
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FAQ

What is the current stock price of Revance Therapeutics (RVNC)?

The current stock price of Revance Therapeutics (RVNC) is $3.8 as of November 20, 2024.

What is the market cap of Revance Therapeutics (RVNC)?

The market cap of Revance Therapeutics (RVNC) is approximately 399.2M.

What does Revance Therapeutics, Inc. specialize in?

Revance Therapeutics, Inc. specializes in developing, manufacturing, and commercializing novel botulinum toxin products for aesthetic and therapeutic uses.

What is the TransMTS® peptide delivery system?

The TransMTS® peptide delivery system is Revance's patented technology for delivering botulinum toxin A in both needle-free topical and injectable forms.

What are the main products of Revance Therapeutics?

The main products are DaxibotulinumtoxinA for Injection, DaxibotulinumtoxinA for Injection Aesthetics, the RHA Collection of dermal fillers, and the HintMD platform.

What is RT001?

RT001 is a topical gel in development by Revance, which could become the first commercially available non-injectable botulinum toxin dose form.

What are the business segments of Revance Therapeutics?

Revance operates through Product and Service segments, with the Products segment generating the majority of the revenue.

How does Revance's TransMTS technology benefit its products?

TransMTS technology allows for targeted and potentially longer-lasting delivery of botulinum toxin, addressing unmet needs in the neurotoxin market.

What is the significance of DaxibotulinumtoxinA?

DaxibotulinumtoxinA is a key product for both aesthetic and therapeutic uses, reflecting Revance's innovation in neuromodulation.

What is the RHA Collection?

The RHA Collection is a line of dermal fillers included in Revance's prestige aesthetics portfolio.

What is the HintMD platform?

HintMD is a platform included in Revance's aesthetics portfolio, enhancing their offerings in the aesthetic market.

How does Revance's Product segment contribute to its revenue?

The Product segment focuses on research and development of aesthetic and therapeutic products, generating the majority of Revance's revenue.

Stock RVNC logo
Revance Therapeutics, Inc.

Nasdaq:RVNC

RVNC Rankings

#3297 Ranked by Market Cap
N/A Ranked by Dividends

RVNC Stock Data

399.15M
95.97M
8.52%
81.77%
9.54%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
NASHVILLE