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0 -0.00457437661220983 0.0137489251934652 0.0193465176268271 0.0047291487532244 -0.0249355116079107 -0.0197764402407567 -0.0687962166809975
Stock impact report

Why Evolus, Inc. Is Crashing Today [The Motley Fool]

Evolus, Inc. (EOLS) 
Last evolus, inc. earnings: 2/25 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: us.evolis.com/investor-relations
Company Research Source: The Motley Fool
Shares swoon after the FDA gives the thumbs down to its lead compound. Here's what investors need to know. Brian Feroldi ( TMFTypeoh ) May 16, 2018 at 11:13AM What happened In response to receiving a Complete Response Letter (CRL) from the FDA, shares of Evolus  ( NASDAQ:EOLS ) , a newly public clinical-stage biotech company focused on aesthetics, sank 31% as of 11:05 a.m. EDT on Wednesday. So what Evolus announced today that its lead compound, DWP-450, received a CRL from the FDA, which is a nice way of saying that it was rejected. DWP-450 is a hopeful treatment for frown lines in adult patients and would be a direct competitor to the Allergan 's ( NYSE:AGN )  blockbuster drug botox should it eventually win approval. Shares of Allergan were up slightly based on today's news. Image source: Getty Images. The reason for the rejectio Show less Read more
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