{"id":476303,"date":"2021-04-14T09:23:43","date_gmt":"2021-04-14T13:23:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/"},"modified":"2021-04-14T09:23:43","modified_gmt":"2021-04-14T13:23:43","slug":"aquavit-to-introduce-a-new-botulinum-toxin-dtx-021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/","title":{"rendered":"Aquavit to Introduce A New Botulinum Toxin (DTX-021)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">April 14, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Aquavit Holdings LLC announced today that it acquired an exclusive license to register, market and commercialize a botulinum toxin (DTX-021) in <span class=\"xn-location\">the United States<\/span> and <span class=\"xn-location\">Canada<\/span>. <\/p>\n<p>For several years, Aquavit has been investing in its proprietary delivery technologies and related intellectual property for botulinum toxin and recently proved its efficacy and safety through a clinical study. It also compared and evaluated optimal dosing with three FDA approved botulinum toxins with varying injection depths and widths. <\/p>\n<p>According to a published article by American Society for Dermatologic Surgery (ASDS), the licensed asset DTX-021 showed equivalency on glabellar lines and improvement on\u00a0periorbital rhytids compared to onabotulinumtoxinA (BOTOX\u00ae) in a multicenter, double-blind, randomized, parallel, active-controlled phase III clinical trial. There were no adverse events. <\/p>\n<p>The manufacturing partner is Huons Bio Pharma (&#8220;Huons&#8221;),\u00a0 a spin-off from the publicly traded South Korean corporation Huons Global Co. Ltd. [KOSDAQ: 084110]<\/p>\n<p>With this deal, Huons will receive sizable milestone payments and royalties in addition to an upfront payment, and become the exclusive supplier of Aquavit&#8217;s botulinum toxin. Aquavit plans to initiate the registration process by filing an IND with the FDA shortly. <\/p>\n<p>&#8220;We are thrilled to partner with Huons for this venture. Together, we will introduce the most innovative botulinum toxin product, and uplift and modernize the treatment paradigm,&#8221; said <span class=\"xn-person\">Sobin Chang<\/span>, CEO of Aquavit.<\/p>\n<p>According to The Aesthetic Society and the Global Market Insights, botulinum toxin has been the #1 non-surgical aesthetic procedure since 1999 and is still growing rapidly. The <span class=\"xn-location\">North America<\/span> botulinum toxin market alone was valued at <span class=\"xn-money\">$3.19B<\/span> in 2019. With a projected CAGR of 7-9%, the global botulinum toxin market in 2026 is expected to be <span class=\"xn-money\">$8.9B<\/span><\/p>\n<p>&#8220;Aquavit&#8217;s proven track record of developing and launching a global brand such as AQUAGOLD\u00ae, combined with its knowledge of the botulinum toxin market, and its network of over 20,000 physicians worldwide who use botulinum toxin products, can make a significant impact in the fast growing market with only 4 companies with an FDA approval today,&#8221; said <span class=\"xn-person\">Marc Toulemonde<\/span>, Aquavit&#8217;s board member and an industry leader in top beauty and aesthetic brands.<\/p>\n<p>\n        <b>About Aquavit<br \/><\/b>Aquavit is a high-tech pharmaceutical company that provides a comprehensive range of innovative pharmaceutical, biotech and medical device technologies. Aquavit focuses on personalized medicine to improve patients&#8217; health, maximize the efficiency of our medical community, and support the pharmacoeconomics of payers.<\/p>\n<p>\n        <b>About Huons <br \/><\/b>Huons Bio Pharma is a recent spin-off of the publicly traded South Korean corporation Huons Global Co. Ltd. [KOSDAQ: 084110]. Huons Global focuses &#8220;on supporting the growth of its affiliates&#8217; original businesses, managing each company&#8217;s business portfolio and enhancing brand value&#8221;. The company was founded in 1965 and is headquartered in Seongnam-si, <span class=\"xn-location\">South Korea<\/span>. Huons Bio Pharma will promote the group&#8217;s biopharmaceutical business, such as botulinum toxin, and develop new drugs.<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY42434&amp;sd=2021-04-14\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021-301268845.html\">http:\/\/www.prnewswire.com\/news-releases\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021-301268845.html<\/a><\/p>\n<p>SOURCE  Aquavit Pharmaceuticals, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY42434&amp;Transmission_Id=202104140920PR_NEWS_USPR_____NY42434&amp;DateId=20210414\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, April 14, 2021 \/PRNewswire\/ &#8212;\u00a0Aquavit Holdings LLC announced today that it acquired an exclusive license to register, market and commercialize a botulinum toxin (DTX-021) in the United States and Canada. For several years, Aquavit has been investing in its proprietary delivery technologies and related intellectual property for botulinum toxin and recently proved its efficacy and safety through a clinical study. It also compared and evaluated optimal dosing with three FDA approved botulinum toxins with varying injection depths and widths. According to a published article by American Society for Dermatologic Surgery (ASDS), the licensed asset DTX-021 showed equivalency on glabellar lines and improvement on\u00a0periorbital rhytids compared to onabotulinumtoxinA (BOTOX\u00ae) in a multicenter, double-blind, randomized, parallel, active-controlled phase &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aquavit to Introduce A New Botulinum Toxin (DTX-021)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476303","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aquavit to Introduce A New Botulinum Toxin (DTX-021) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aquavit to Introduce A New Botulinum Toxin (DTX-021) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, April 14, 2021 \/PRNewswire\/ &#8212;\u00a0Aquavit Holdings LLC announced today that it acquired an exclusive license to register, market and commercialize a botulinum toxin (DTX-021) in the United States and Canada. For several years, Aquavit has been investing in its proprietary delivery technologies and related intellectual property for botulinum toxin and recently proved its efficacy and safety through a clinical study. It also compared and evaluated optimal dosing with three FDA approved botulinum toxins with varying injection depths and widths. According to a published article by American Society for Dermatologic Surgery (ASDS), the licensed asset DTX-021 showed equivalency on glabellar lines and improvement on\u00a0periorbital rhytids compared to onabotulinumtoxinA (BOTOX\u00ae) in a multicenter, double-blind, randomized, parallel, active-controlled phase &hellip; Continue reading &quot;Aquavit to Introduce A New Botulinum Toxin (DTX-021)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-14T13:23:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY42434&amp;sd=2021-04-14\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Aquavit to Introduce A New Botulinum Toxin (DTX-021)\",\"datePublished\":\"2021-04-14T13:23:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\\\/\"},\"wordCount\":483,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY42434&amp;sd=2021-04-14\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\\\/\",\"name\":\"Aquavit to Introduce A New Botulinum Toxin (DTX-021) - 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For several years, Aquavit has been investing in its proprietary delivery technologies and related intellectual property for botulinum toxin and recently proved its efficacy and safety through a clinical study. It also compared and evaluated optimal dosing with three FDA approved botulinum toxins with varying injection depths and widths. According to a published article by American Society for Dermatologic Surgery (ASDS), the licensed asset DTX-021 showed equivalency on glabellar lines and improvement on\u00a0periorbital rhytids compared to onabotulinumtoxinA (BOTOX\u00ae) in a multicenter, double-blind, randomized, parallel, active-controlled phase &hellip; Continue reading \"Aquavit to Introduce A New Botulinum Toxin (DTX-021)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-14T13:23:43+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY42434&amp;sd=2021-04-14","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Aquavit to Introduce A New Botulinum Toxin (DTX-021)","datePublished":"2021-04-14T13:23:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/"},"wordCount":483,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY42434&amp;sd=2021-04-14","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/aquavit-to-introduce-a-new-botulinum-toxin-dtx-021\/","name":"Aquavit to Introduce A New Botulinum Toxin (DTX-021) - 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