Hugel reports revenue and operating profit growth of 4% and 22%, YoY, respectively, in 4Q23. The company plans to solidify position in domestic and international botulinum toxin markets.
Boomeranged on Tue, 5 Mar 2024 15:12
Hugel has received FDA approval for its botulinum toxin Letybo and becomes the only Korean company and one of the top 3 players globally that have approvals in three major aesthetic markets—the U.S., China, and Europe. Hugel aims to commercially launch the product in the U.S. by the middle of this year. FDA approval enhances our conviction on the growth prospect of the company.
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