Strathspey Crown acquires Evolus

Strathspey Crown Holdings has acquired Evolus, which will allow Strathspey Crown’s wholly-owned subsidiary, Alphaeon Corporation, the exclusive license to market the botulinum toxin type A product Evosyal.

Evosyal is developed by Seoul, South Korea manufacturer Daewoong. The product has a 900 kDa neurotoxin molecular complex with a high purity, according to a news release.

Alphaeon launched in July 2013 and the following month it acquired the exclusive U.S. license to Teoxane Laboratories’ full portfolio of hyaluronic acid-based dermal fillers and other cosmetic products marketed as Teosyal.

Evosyal and Teosyal will be marketed pending approval by the Food and Drug Administration. Teosyal is already used widely as a dermal filler in Europe.