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Friday, April 05, 2024 5:22:27 PM
Back to the "Average Price Calculation"...the average price is determined by the Aesthetic Sales Dollars divided by the number of vials sold plus free units...The US Government then takes this "Average Vial price" and discounts it 30% to 33% which created the US Therapeutic Price...Government always gets the best price.
This is why Allergan raised their Aesthetic vial price of Botox this year....this automatically raised the Therapeutic Price of a vial of Botox, making Allergan an additional $50 million just from the price increase from Therapeutic Sales. If Allergan loses cosmetic market share, the revenue increase on the Therapeutic side more than makes up for the lost aesthetic revenue.
Since the Aesthetic and Therapeutic products are the same and owned by the same company, this is the government's way of pricing.
Evolus is trying to side step this government calculation with the Therapeutic ownership of Jeaveau by a different company.
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