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Revance falls after Mizuho downgrades citing too high guidance (NASDAQ:RVNC)

Revance falls after Mizuho downgrades citing too high guidance (NASDAQ:RVNC)
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AbbVie expects Botox to maintain market share as competition heats up

By Pratik Jain and Leroy Leo (Reuters) -AbbVie expects Botox s market share in the aesthetics space to remain strong even as rivals launch competing .

AbbVie expects Botox market share to stay strong despite newer rivals

(Reuters) -AbbVie expects Botox's market share in the aesthetics space to remain strong even as rivals launch competing anti-wrinkle injections, a company executive said on Wednesday. Botox sales, especially for aesthetic use, have been under pressure over the last few quarters due to economic uncertainties. Investors have also been concerned about potential market share losses to new entrants such as Revance Therapeutics' Daxxify and Evolus' Jeuveau.

The Fight Against Frown Lines Has Never Been More Complicated

Revance’s Daxxify sold patients on longer-lasting smooth skin. Its first year on the market has had some wrinkles.

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