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Emannow

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Emannow

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Friday, 04/26/2024 8:40:39 AM

Friday, April 26, 2024 8:40:39 AM

Post# of 7256
AbbVie just released Q1 2024 numbers and US Botox was down 4.9% YOY and Juvederm was down 13.9% YOY! And that is with the Botox price increase!!! Take out the price increase and Botox is down 7 to 8%!

Allergan is losing market share in aesthetics! Now we know why so many directors and VPs are leaving Allergan! I would expect to start seeing layoffs and open jobs go unfulfilled! This loss of market share will continue as both Botox and Juvederm are 20 yr old products and patients are migrating to new better products!

Any practice still using only Botox and Juvederm is on a sinking ship! Allergan will continue to raise prices to make up for lost market share and squeeze profits from injectors.
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