2022-07-07 06:55:19 RVLP RVL Pharmaceuticals
07/07/22 07/0706:55 07/07/2206:55 | RVL Pharmaceuticals announces preliminary Q2 UPNEEQ sales of $8.4MRVL Pharmaceuticals announced preliminary second quarter 2022 net product sales of UPNEEQ of $8.4 million. The Company also announced that from February through June of 2022 it had received orders from approximately 2,200 cumulative unique medical aesthetics practices. The Company also reaffirms its guidance targeting net product sales of UPNEEQ for the fourth quarter of 2022 of $20 to $25 million. "We are delighted with our year-to-date sales momentum, as we continue to demonstrate UPNEEQ's potential within the eyecare and medical aesthetics markets. During the second quarter of 2022, we continued to expand the number of medical aesthetics practices that have purchased UPNEEQ- doubling the number of providers since the end of the first quarter. In addition, we also worked diligently to begin to establish UPNEEQ as an integrated part of the medical aesthetics practice, which resulted in over 500 practices having re-purchased UPNEEQ by the end of the second quarter - an indication of the opportunity in this market. The enthusiasm from patients and providers has been encouraging and we are on our way to establishing a strong foundation for the adoption of UPNEEQ as an integral piece of the minimally/non-invasive facial aesthetics category," stated Brian Markison, Chief Executive Officer of RVL. "As planned and previously announced, we expect to significantly expand our medical aesthetics salesforce by mid to late July and believe that we are well positioned to build on our momentum and achieve our fourth quarter 2022 net sales projection." |
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